Binance Leverage Trading Account Setup Guide

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Getting Started with Leverage Trading on Binance

To begin trading with leverage on Binance, follow these steps after logging into your account:

  1. Navigate to Your Profile
    Hover over the profile icon in the top-right corner. A dropdown will display the first two characters of your registered email address. Click your email to access the account dashboard.
  2. Understand Leverage Trading
    If you're new to leveraged trading, we recommend reviewing our guide "What Is Leverage Trading?" before proceeding.
  3. Account Requirements
    Ensure you've completed:

    • Identity verification (KYC)
    • 2FA activation (two-factor authentication)
    • Confirmed your country isn't restricted
  4. Enable Leverage Account

    • Go to "Balance Details" → Select "Leverage Trading"
    • Read the risk disclaimer carefully
    • Click "Open Leverage Account"

Funding Your Leverage Wallet

  1. Transfer Assets

    • Navigate to Wallet → Leverage Trading → Click "Transfer"
    • Select token (e.g., BNB) and amount
    • Confirm transaction
  2. Borrowing Funds
    Binance offers a 3:1 collateral ratio (3x leverage). For example:

    • Collateral: 1 BTC → Max borrowable: 2 BTC
    • Select token/amount → Click "Confirm Borrow"

👉 Master advanced leverage strategies


Key Metrics to Monitor

MetricDescriptionThreshold
Leverage LevelRisk assessment based on collateral vs. debtWarning at 1.3
Liquidation PriceAutomatic asset sale if level drops to 1.1Critical at 1.1

Risk Calculation:
Risk Rate = Total Asset Value / (Total Borrowed + Accrued Interest)


Executing Trades & Repaying Loans

  1. Placing Orders

    • Select "Leverage Trading" on the exchange interface
    • Use limit/market/stop-loss orders as needed
  2. Repaying Debt

    • Go to "Borrow/Repay" → Choose "Repay"
    • Pay principal + interest (in same cryptocurrency)

FAQs

Q: How often is interest charged?
A: Interest updates hourly. Rates vary by token—check Binance's fee schedule.

Q: Can I change collateral after borrowing?
A: Yes, but withdrawing funds increases risk levels. Monitor thresholds closely.

Q: What happens during liquidation?
A: Assets are sold at market price to repay debt, plus additional fees.

Q: Are transfers between wallets free?
A: Yes, but reducing collateral raises liquidation risks.


Real-World Example: BNB Long Position

Scenario:

Risk Warning:
If BNB drops to $250, her position faces liquidation. Leverage magnifies both gains and losses.


👉 Explore Binance's leverage trading tools

Always trade responsibly—understand the risks before using leverage.