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How to Borrow Funds on Binance
Binance
2019-07-05 05:34

After opening your margin account, you can transfer these coins to your margin account as collateral. The most up-to-date list of borrowable assets can be found here: https://www.binance.com/en/margin-fee

To borrow a coin/token, select it from the list, click on [Borrow/Repay] and choose [Borrow]. Our system will calculate the maximum amount you can borrow based on the estimated BTC value of your collateral and individual borrow limit for that particular asset. We will also show you the daily interest at the same time for the amount that you’re going to borrow.

*Please refer to the link below for the borrowing limits for each asset: https://www.binance.com/en/margin-fee 

After borrowing the assets, you can check the amount you’ve borrowed for each coin and the total debt in your margin account straight from your [Margin Wallet] dashboard.

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