When you are trading cryptocurrencies on Binance, you will need to use margin. Margin is essentially a loan that you are taking from the exchange.
You will be able to trade with more money than you have in your account, but you will need to pay interest on the loan. There are a few different ways that you can use margin on Binance.
If you want to trade with more money than you have in your account, you can open a margin account. This will allow you to borrow money from the exchange to trade with.
You will need to pay interest on the loan, but it can be a good way to increase your profits if you trade carefully.
If you want to short sell a cryptocurrency, you can do so using margin. This means that you borrow the cryptocurrency from the exchange and sell it immediately.
You will need to pay interest on the loan, but it can be a good way to make money if the price of the cryptocurrency falls.
If you are a beginner, it is best to stay away from margin trading. It can be very risky and you could end up losing more money than you have in your account.
If you are experienced and know what you are doing, margin trading can be a great way to increase your profits. Just be sure that you understand the risks before getting started.