Want to participate in TGE but afraid of a BNB crash? A step-by-step guide to the official borrowing tutorial
1. Application scenario:
Participating in the Binance Alpha section TGE new token offerings generally requires staking 3 BNB. If you're worried about buying BNB at a high price or selling BNB at a low price, you can consider borrowing BNB using an equivalent value of USDT. After the event ends, you can simply return the BNB and interest to the lending platform.
2. Advantages:
You can avoid BNB price fluctuations during the 2-hour period of participating in TGE.
3. Binance borrowing tutorial
(1) Transfer spot assets to the - Margin account (full position)
(2) Click borrow - Select BNB - Enter quantity - Confirm
(3) Transfer the assets in the Margin account (full position) to the spot account. #BNB创新高 $BNB
1. Application scenario:
Participating in the Binance Alpha section TGE new token offerings generally requires staking 3 BNB. If you're worried about buying BNB at a high price or selling BNB at a low price, you can consider borrowing BNB using an equivalent value of USDT. After the event ends, you can simply return the BNB and interest to the lending platform.
2. Advantages:
You can avoid BNB price fluctuations during the 2-hour period of participating in TGE.
3. Binance borrowing tutorial
(1) Transfer spot assets to the - Margin account (full position)
(2) Click borrow - Select BNB - Enter quantity - Confirm
(3) Transfer the assets in the Margin account (full position) to the spot account. #BNB创新高 $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BNB
836.17
-3.52%
