Borrowing Funds

After opening your Margin Account (system default for every user), you can transfer assets to your Spot Account as collateral. At present, the platform only supports 3X leverage, and the borrowing limit is twice the self-owned principal that can be used for leverage transactions. Spot and leverage share the same wallet because leverage transactions are essentially spot transactions.

  1. We do not need to borrow currency manually.

  1. When we conduct leverage transactions, the system will check the wallet balance in real-time according to the transaction application submitted by you to judge the amount of currency you need to borrow, and will automatically borrow; if it is judged that your capital is sufficient for the transaction, there will be no loan.

  1. After borrowing the asset, you can view the amount you've borrowed for each coin and your total debt in the [Transaction] – [Borrow Record] dashboard of your Margin Account.

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