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How to Use Margin Easy on Binance Margin?

How to Use Margin Easy on Binance Margin?

2023-06-05 04:56
Last updated: 7 June 2024
The Margin Easy mode is a simplified, more straightforward trading interface on Binance Margin. You can place orders with the auto borrow/repay function without having to choose order types or modes. The system will automatically borrow assets based on your selected leverage and repay liabilities once the order is complete.
Please note that limit orders will be placed in IOC mode.
You can access the Margin Easy mode from the Binance App Pro version.
Please note that the Margin Easy is different from Binance Lite. Binance Lite is a simplified version of the Binance App that guides new users to buy, sell, or convert crypto easily, while the Margin Easy mode offers simplified access to Margin trading.

How to activate the Margin Easy mode?

1. Log in to your Binance App and make sure that you are using the Pro version. You can switch to Pro from [Account Center].
2. Tap [Trade] at the bottom.
3. Select [Margin] and tap [...] at the top right to view more trading features. Select [Easy] next to [Trade Mode].

How to place an order on Binance Margin Easy mode?

1. Select the symbol you want to trade.
2. Adjust the slippage tolerance.
3. Choose to open a long (buy) or a short (sell) position.
4. Enter the order amount or choose the percentage of available assets to use.
5. Confirm the order details and submit.

How to adjust the slippage tolerance?

Slippage tolerance adjustment is an exclusive feature in the Margin Easy trading mode. Slippage refers to the difference between an order's anticipated price and the actual executed price. It typically occurs when market orders are placed in periods of high volatility.
To adjust the slippage tolerance level, tap the edit icon under [Slippage Tolerance].
Enter the slippage tolerance for your order and tap [Confirm].

How to check the performance data of an asset?

You can view an asset’s performance by tapping the market movement icon.
Then, select [Chart], [Order Book], or [Trades].