Today while browsing Binance Square, I saw your post: this person took a loan secured by the exchange and had their assets liquidated, then did not use the app from December 2024 to February 2025, and the exchange reported that they owed more than 600 USD.

I am posting this to remind new users or those without experience; I have also reminded you many times, because community rules cannot articulate the right words, so instead, I will use the term 'Restrictions'.

Restrictions on leverage x2 x5 x10, futures secured loans.

If you take a secured loan or x2 x3 some amount of money, the money they give you is also charged interest by the second; if you play and the coin goes up, you might benefit, but...

When the coin goes down, that's the problem: at 12:00 it drops 5% and at 12:01 it rises 10%.

At 12:00, your asset balance must be sufficient to cover the coin dropping 5%; if your balance is enough, you can still ride it until 12:01 to gain 10%. If your balance is insufficient, you're liquidated and cannot repay the interest that accumulates second by second.

Initially, the exchange was set up as an intermediary for buyers and sellers to trade BTC; over time, it grew stronger and started doing business with you. And in business, there must be profit, so don't let your mind be cloudy while your vision also dims, leading your feet astray.

In the end, I want to convey to you: the money you have is what you can play with; don’t think anyone is giving you anything for free.