bStocks as collateral — now more accessible
Binance has expanded the ability to use bStocks as collateral.
Starting September 21, bStocks as collateral can be used by all users with the appropriate Cross Margin and Portfolio Margin accounts.
Previously, this option was available only to certain categories of users.
At the same time, Binance introduced additional risk controls for Regular, VIP 1, and VIP 2:
• before using bStocks as collateral, you must complete a suitability assessment;
• for accounts that exceed certain risk thresholds, restrictions may apply;
• among them are restrictions on further transferring bStocks to the account and on buying/borrowing assets with lower liquidity.
Important: using bStocks as collateral does not mean automatic access to a loan. The terms of margin servicing depend on the specific account and product.
#BStocks #Margin
Binance has expanded the ability to use bStocks as collateral.
Starting September 21, bStocks as collateral can be used by all users with the appropriate Cross Margin and Portfolio Margin accounts.
Previously, this option was available only to certain categories of users.
At the same time, Binance introduced additional risk controls for Regular, VIP 1, and VIP 2:
• before using bStocks as collateral, you must complete a suitability assessment;
• for accounts that exceed certain risk thresholds, restrictions may apply;
• among them are restrictions on further transferring bStocks to the account and on buying/borrowing assets with lower liquidity.
Important: using bStocks as collateral does not mean automatic access to a loan. The terms of margin servicing depend on the specific account and product.
#BStocks #Margin
