How to Trade Using Binance Margin

After you successfully borrow the marginable assets, identify the trading pairs with margin functionality enabled by checking the pairs’ names. Every margin-enabled pair has an “M” tag in its name. 

Long position:

When you think that a coin’s value is going to increase, and that coin is one of the supported coins in margin trading, you can use margin trading to open a long position.

How to do it: Borrow another coin, sell the borrowed coin to buy the particular coin you want to long. When the coin you want to long has increased in its value, sell that coin and repay your debts to gain profit. 

Short position:

When you think that a coin’s value is going to decrease, and that coin is one of the supported coins in margin trading, you can use margin trading to open short position.

How to do it: Borrow that coin, and sell it to another coin. When the coin you want to short has decreased in its value, buy that coin back and repay your debts to gain profit.

Please note: 

• The trading amount in the margin account will be included in the calculation of your VIP level.
• Trades made with margin accounts and margin-enabled trading pairs  are eligible for commission through the Binance Referral Program.