A few fans just asked about the method for borrowing coins from the Binance wallet.

To participate in the TGE, you need 3 BNB. A cost-effective method is to borrow coins from the Binance WEB3 wallet. The method is very simple.

1. Open the Binance Web3 wallet and search for 'Venus' on the [Discover] page.

2. After entering the official website, click the top right corner and select Core Pool,

scroll down to find the currency you want to use as collateral. Here, I will use USDT as an example, turn on the Collateral switch (requires a little GAS). Click Deposit to deposit USDT.

3. Again select Core Pool, scroll down, and you will see BNB. Open it. Select 'Borrow' to borrow coins. It is recommended to keep the Health Factor around 70% for relative safety. The more USDT you stake, the safer the health factor.

4. When repaying, find BNB on the Core Pool page, and select 'Repay' to return it.

Note that you need to add some BNB to your wallet, keeping your BNB just above 3 BNB. This is because the borrowing process will incur interest (annual interest rate of about 2%) and the TGE return will deduct TGE fees. Generally, it will be less than 3 BNB. This fee needs to be added by you. Otherwise, you won't have enough BNB when repaying.

5. After repaying BNB, you can retrieve your collateral. I just used USDT as an example. Still open Core Pool to find USDT. After opening it, select WITHDRAW. To withdraw everything, select SAFE MAX. Then confirm to retrieve.

This is the entire borrowing process. Note that each step requires a little BNB chain GAS fee. Pay attention to your wallet's BNB balance.

For friends who are unfamiliar, you can start with a small amount to familiarize yourself with the process. For example, deposit 50 USDT to get accustomed to the process.