Binance's New Phase #Exclusive TGE

It is not recommended to buy spot $BNB to participate in the new project, unless you hold BNB for the long term; otherwise, the fluctuations of BNB will affect your new project returns. You can choose lending and hedging, and it is recommended to use lending. Regardless of whether it is lending or hedging, remember to return the BNB after the new project ends, and settle spot and contract orders.

How to hedge: The simplest way is to buy the same quantity or value of BNB spot at the same price level, and then open a contract short position of the same value or quantity to hedge at this price. The hedging costs are mostly composed of fees and funding costs, and sometimes there may also be price differences.

It is recommended to set the isolated margin mode with 10x leverage (the size of leverage will affect the amount of your margin; the less margin you have, the greater the risk of liquidation). I have personally tested that 10x is very safe and can reduce your opening costs.

Lending BNB: Common on-chain lending and exchange lending. If you are not familiar with on-chain operations, you can directly borrow from major exchanges.

Here are two examples that I am using:

1️⃣ Exchange: Very low interest rates, and inventory is relatively sufficient. You can put more collateral, and after the new project ends, just return the borrowed BNB + the interest generated.

2️⃣ On-chain Venus lending https://app.venus.io

Open the link, connect your wallet, stake USDT, and then you can borrow BNB.