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Cross Collateral
How to Borrow Funds Using Cross Collateral
2020-02-04 11:00

1. Click “Futures Wallet” 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. mceclip1.png

Important Note:
The minimum allowable loan amount is 0.00001 USDT and the maximum allowable loan per account is as follows: BUSD collateral up to 500,000 USDT and BTC collateral up to 50,000 USDT.

Binance Team

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