Binance margin trading fees

Binances margin account interest rate is calculated on an hourly basis.NOTE: If funds are borrowed for less than 1 hour, the interest rate will still be calculated as for assets bo

Binance margin trading fees

Binances margin account interest rate is calculated on an hourly basis.NOTE: If funds are borrowed for less than 1 hour, the interest rate will still be calculated as for assets borrowed for 1 hour.If the daily interest rate is 0.02%, the hourly interest rate is calculated as 0.02%/24.The calculation formula: I (interest) = P (borrowed money) * R (daily interest 0.02%/24) * T (in hours)For example:If user A borrows 1,000 USDT at 13:20 PM, and repays at 14:15 PM, the interest rate is calculated as 1,000 *(0.02%/24)* 2 = 0.01666667 USDT.Margin account interest rates may be adjusted from time to time. Please refer here to see the latest interest rates, borrow limits and other details regarding Margin trading.

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