Binance Margin: New Interest Rules

$BIO

Big update for the traders today! Binance has officially moved to a prorated interest calculation for Margin Loans. This is a subtle but huge win for us. Instead of being charged for a full hour if you only hold a position for 10 minutes, you’re now only paying for what you actually use. It’s these kinds of small efficiency tweaks that make Binance the best place for active margin trading. Have you noticed the difference in your daily fees yet?

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References: Binance Official Announcements

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