Automatic Borrowing and Repayment Functions Enabled on Binance Margin
Binance Margin has enabled auto borrowing and repayment functions on its web trading interface. Other clients will have these functions enabled at a later date.
Types of Orders Available on Binance Margin:
- Normal: Same as the previous standard orders.
- Borrow: Users will automatically borrow the maximum number of coins based on the preset margin level, allowing margin buy or margin sell orders to be placed automatically.
- Repay: Funds received from orders will be automatically used to repay borrowings of the same coin and interest owed in your margin account.
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