Binance Wallet Lending Tutorial
In the past, borrowing operations on the chain required BNB and were quite cumbersome. Now you can borrow directly in the wallet, which is convenient and secure, and can be completed in 3 steps
1️⃣ Deposit assets, such as USDT
2️⃣ Enable asset collateral
3️⃣ Borrow BNB, with a maximum of 80% of the collateral value available for borrowing
If borrowing long-term, it is recommended to borrow 70% or 50% to avoid liquidation due to large fluctuations. The wallet continues to optimize in this way, and gradually the ecosystem will be built up. At that time, the importance of the wallet will be revealed. My invitation code can help you save 30% on transaction fees (the highest in the entire network), and the system automatically gives you a rebate (which can be checked on the web version). The key point is that brushing Alpha can also yield rebates! If you haven't filled it in yet, you can use my TIANWEN code. Already, 1532 people are using my invitation code. The more people who use it, the higher the rebate we can give back to everyone. After subsequent upgrades, we will promptly adjust the rebate ratio for everyone. The specific operation is as follows:
Step 1: Open the Binance app, click "Wallet" in the upper right corner → Invite friends
Step 2: Click to enter the invitation code, and the trading fee will be reduced by 30%
Step 3: Enter the invitation code TIANWEN to confirm
