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What are Binance Margin Points?

What are Binance Margin Points?

2023-04-27 10:00
Last updated: 11 June 2024

What are Binance Margin Points?

Binance Margin Points can be used to offset margin borrowing interest fees. Margin Points are a helpful tool to help new traders to get started with margin trading. 1 point is equivalent to 1 USDT. Interest generated will be automatically deducted from your point balance daily from 00:09 to 00:10 UTC+0.

How to get Binance Margin Points?

The points can only be gained during the promotion period. No point-earning activities are currently available for Margin Points. Please stay tuned for future announcements.

How to check my Binance Margin Points balance?

1. Log in to your Binance account and go to [Wallet] - [Margin].
2. You can find your Margin Point balance under [Points].
Please note that Margin Points cannot be used to redeem USDT or transferred out of your Margin Account.

3. You can view your Margin Point transactions via [Orders] - [Margin Order] - [Points].

To learn more about margin trading, read FAQ: What is Margin Trading?