06. How to Begin Margin Trading on Binance

4 Steps to Begin Margin Trading

 

 

1. Go to [Wallets] ➡︎ [Margin] ➡︎ [Isolated]

 

2. Transfer

From [Spot Wallet] ⬌ To [Select Pair] and Enter [Amount] 

 

     

 

 

3. Borrow

 

Alternatively, if you want to borrow collateral, click [Borrow]

 

 

     

 

 

 

Choose the [Pair] and [Coin] to borrow.

 

Enter the [Amount] and confirm the hourly interest rate, click [Confirm Borrow]

 

 

 

4. Trade

 

After transferring or borrowing collateral, you can start trading.

 

Choose the Order Type (Limit, Market, OCO, or Stop-limit]) and trading method (Normal, Borrow, or Repay).

 

Enter the buy or sell [Price] and [Amount], then click [Buy/Sell BTC]

 

 

5. Repay

 

 

     

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*Please note that you must repay using the same coin you borrowed for your Cross/Isolated Margin trading.

 

For example, if you borrow 10 BTC, you need to repay 10 BTC (plus interest).