Binance, Exchanges

How Often Is Margin Interest Calculated in Binance?

Margin interest is calculated every day at 00:00 UTC and is paid out every day at 12:00 UTC. The rate is variable and determined by the Binance interest rate (0.

1% per day). .

Users can view their margin interest in the “Account” section under “Margin” on the Binance website or app.

NOTE: Warning: Margin interest is calculated daily on Binance, so you should make sure you understand the risks of trading on margin. Additionally, when trading on margin, be aware that your account can be liquidated if it falls below a certain level of equity. Finally, be sure to keep an eye on your margin balance at all times to avoid any unwanted surprises.

The amount of margin interest paid is based on the amount of leverage used, with higher leverage resulting in higher interest payments. For example, if a user has a 1 BTC loan at 50x leverage, they will pay 0.5% interest per day (0.1% x 50).

If the user only has 0.5 BTC loaned at 10x leverage, they will pay 0.05% interest per day (0.1% x 10).

The amount of time a loan is taken for also affects the total amount of interest paid. The longer the loan is taken, the more interest will accrue.

Users should be aware that margin interest is calculated daily and paid out monthly, so if a user takes out a loan on the first day of the month, they will not receive the interest payment until the first day of the following month.

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