Binance @binance Coin Borrowing Process

1⃣Open the Binance APP and click [More]-[Financial Services].

2⃣Click [Pledge Borrowing] to enter the borrowing page.

3⃣Click [Start Borrowing] to select the currency you want to borrow, such as USDT, BTC, etc.

4⃣Enter the amount of borrowed currency, and the system will automatically display the required pledged assets and interest rates (the annualized interest rate floats in real time).

5⃣Click [Start Borrowing], confirm the contract content and submit.

6⃣The borrowed currency is automatically deposited into the capital account and can be freely transferred to spot/contracts, etc.

📝 Tip: Binance supports "flexible borrowing" and "regular borrowing", which are suitable for different borrowing needs.

ps: To be honest, I have never borrowed BNB on Binance Exchange. Hahaha! The processes in other places are similar. $ETH