You can borrow funds on Binance Margin manually or automatically. Please note that you need to transfer assets to your Margin Account as collateral first. You can view a list of the assets you can borrow on the Margin Data page.
1. Log in to your Binance account and go to [Assets] - [Margin]. Click the [Borrow] button, or click [Borrow/Repay] next to the asset you wish to borrow.
If you’re using the Binance App, tap [Assets] - [Spot] - [Cross Margin] or [Isolated Margin] - [Borrow].
2. Select the asset you wish to borrow and enter the amount. The system will automatically calculate the maximum amount you can borrow based on your total collateral, chosen leverage, borrowed amount, and your VIP level. You will also see the interest rate for the current hour. Click [Confirm Borrow].
3. After borrowing the asset, you can view the amount borrowed for each coin and the total debt on your Margin Account dashboard.
For more details on how to repay debts, please refer to How to Repay Debts Manually on Binance.
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