Binance Margin: Get a One-Hour Interest Fee Waiver When Borrowing USDC and Selected Cryptocurrencies! 🌟
Fellow Binancians,
Binance Margin is offering a special promotion for borrowing USDC, BTC, ETH, SOL, BONK, DOGE, FLOKI, LISTA, PEPE, WIF, ZRO, and ZK starting from 2024-07-04 11:00 (UTC).
Promotion Period: 📅 2024-07-04 11:00 (UTC) to 2024-07-21 11:00 (UTC)
Promotion Details:
Borrow any of the eligible cryptocurrencies on Binance Margin.
Receive a one-hour interest fee waiver automatically.
Example: 🔹 User A and User B both borrow 10 BTC at 11:20 (UTC). 🔹 User A repays at 12:15 (UTC) – charged for 1 hour of interest. 🔹 User B repays at 11:55 (UTC) – no interest charged.
Interest Calculation:
Hourly interest rate for BTC is 0.001%.
User A: 0.001% * 10 BTC * (2 - 1) hours = 0.0001 BTC.
User B: 0.001% * 10 BTC * (1 - 1) hours = 0 BTC.
For more info, check out: 🔹 Margin Trading Overview 🔹 How to Use Short (Buy/Sell) on Margin Trading 🔹 How to Use Long on (Buy/Sell) Margin Trading 🔹 Binance Margin’s Dynamic Interest Rate System
Terms & Conditions:
Participation implies acceptance of the Terms & Conditions.
Check Margin Data for updated marginable assets and limits.
Inventory availability is on a first-come, first-served basis.
Binance can disqualify participants for tampering, wash trades, illegal activities, etc.
Binance reserves the right to amend Terms & Conditions for reasons such as regulatory changes, technical issues, user protection, or force majeure.
For any discrepancies in translations, refer to the original English version for the most accurate information.
Stay tuned for more crypto insights! 👍
📢 Remember: A lot of hard work goes into providing the best investment articles. Your generous tips would empower our mission and help us work even harder to give you the best investment advice.
Disclaimer: This announcement is not intended for users in regions where products and services referred to here are not available.
