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.
How to borrow funds manually on Binance Margin?
1. Log in to your Binance account and go to [Wallet] - [Margin]. Click the [Borrow] button, or click [Borrow/Repay] next to the asset you wish to borrow.
If youâre using the Binance App, tap [Wallets] - [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 the estimated BTC value of your collateral and the individual borrow limit of the chosen asset. You will also see the estimated hourly interest. 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.