Want to rush TGE dividends but afraid of BNB price fluctuations and losing principal? Binance leverage borrowing can achieve participation with zero price risk! The entire process is clear and actionable, with detailed completions, so even beginners can grasp it instantly!
One, borrow coins to participate in TGE (core operation process, key steps with zero risk)
1. Enter the leverage account (2 types of account adaptation)
- Binance App operation: Click on 【Trade】 on the homepage, scroll down to find the 【Leverage】 entry to enter directly
- Unified account users: First switch to 【Leverage mode】 in account settings, confirm that the mode switch is successful before proceeding
2. Transfer collateral (safety cushion is essential, only transfer stablecoins)
- After entering the margin account, find the [Borrow/Repay] function module and click the [Transfer] button below
- Transfer direction: Spot account → Margin account, select USDT (stablecoin has no volatility, controlling the core of zero risk)
- Transfer amount: Estimate based on the amount of BNB to borrow, it is recommended to transfer an extra 10%-20% as backup to avoid insufficient margin causing liquidation
3. Target borrowing currency BNB (there is a limit to the amount, remember the ratio)
- Return to the [Borrow/Repay] page, switch to the [Borrow] option, accurately select currency BNB
- Enter the borrowing amount: Core limitation⚠️ Maximum borrowing limit = 70% of the value of the collateral (USDT) in the margin account, it is recommended to borrow as needed and not exceed
- Confirm borrowing: Check borrowing interest rate (daily interest, very low cost for short-term borrowing), click confirm, BNB will be directly credited to the margin account
4. Transfer to spot + withdraw to Web3 wallet (must verify the address before withdrawal)
- Transfer first: Transfer the BNB received in the margin account to your Binance spot account (no transfer fee, instant arrival)
- Withdrawal operation: Find BNB in the spot account, click [Withdraw], select [Withdraw to Web3 wallet]
- Key detail: Manually input the wallet address, repeatedly verify that the address is correct (incorrect address may result in irreversible loss of funds), select the corresponding chain (recommended BSC chain, low fees), input the amount and submit
Two, repayment process after TGE ends (no loss clearance, avoid overdue penalties)
1. Wallet BNB recharge back to Binance spot account
- Open Web3 wallet, find the BNB withdrawal function, fill in the Binance BNB deposit address (obtained from the spot account)
- Recharge note: Choose the same chain as when withdrawing, test a small amount first before transferring the full amount to avoid transfer failures due to incorrect chain selection
2. Prepare repayment principal + interest (interest is very low, prepare enough in advance to avoid panic)
- Principal: After TGE ends, transfer the full amount of BNB to be repaid back to the spot account
- Prepare interest: Use Binance [Flash Exchange] function in advance to exchange for 10U worth of BNB as backup (actual short-term borrowing of BNB, interest is only about 0.2U, prepare more to avoid shortfall)
- Check interest: You can view the current payable interest for BNB borrowing on the margin account [Borrow/Repay] page and prepare funds accurately
3. Transfer + full repayment (one-step clearance, release margin binding)
- Transfer: BNB (principal + backup interest) from the spot account, all transferred to the margin account
- Repayment operation: On the margin account [Borrow/Repay] page, select [Repay], currency BNB, check [Full repayment] (prioritize clearing interest before repaying principal)
- Confirm clearance: After repayment, check the borrowing record, it should display [Cleared] without any outstanding debts or penalties
4. Excess collateral transfer back (optional): Remaining USDT collateral in the margin account can be transferred back to the spot account for free use
Three, zero-risk core points + pitfall reminders
1. Zero-risk key: Use only USDT stablecoin as collateral, do not hold BNB in the spot account throughout the process, completely avoid the risk of BNB price fluctuations
2. Risk control bottom line: Do not move USDT in the margin account after borrowing, ensure that the margin adequacy rate is >150% to eliminate liquidation risk
3. Avoid pitfalls 3 taboos: Do not borrow excessively, do not incorrectly fill in the wallet address, do not withdraw/deposit across incorrect chains
4. Opportunity reminder: No need to consume precious Alpha points, zero-risk arbitrage can be challenged, it is recommended to familiarize yourself with the process in advance today and prepare USDT to avoid missing out on big opportunities
5. Additional reminder: There is no mandatory requirement for the borrowing period, but it is recommended to repay within 72 hours after TGE ends to reduce interest expenses and minimize costs
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