There are two ways to repay debts: manually or automatically. This article will show you how to repay your debts on Binance manually. If you want to automate your debt repayment, please click here to learn how to use Auto-Repay.
1. Log in to your Binance account, click [Wallet], and select [Margin] from the drop-down menu.
2. Select the coin you want to repay, click [Borrow/Repay], or select [Repay] at the top of the dashboard.
3. Enter the amount directly or click on the percentage you wish to repay.
Regardless of the repayment amount, any repayment will be applied to the outstanding interest first before being used to reduce the outstanding principal. For further information on the interest rates for each asset, please click here.
Note:
