1. Click “Futures” from the drop-down list under “Wallet” after logging into your account.
2. Next, you will be able to see the “Cross Collateral” function in your futures wallet interface. Currently, BUSD and BTC are available as collateral under this function. Please refer to future announcements for more supported digital assets updates.
3. Enter the amount of USDT you would like to borrow. Click the “Start borrowing” once you have confirmed. The amount of USDT borrowed will be transferred to your futures wallet while the collateral amount of BUSD will be deducted from your spot wallet.
Important to note:
Users will enjoy different borrowing limits and daily interest rates at different VIP levels, Please refer to Cross Collateral Interest Rate for more details.