LAST UPDATED ON 26/6/2021
1. Binance Margin Includes Cross Margin And Isolated Margin. Which One Of The Following Sentences Does Not Describe Their Difference?
Answer: They Have Different Interest Rates
2. Margin Level Is Used To Evaluate The Risk Level Of Your Margin Account. How Is Margin Level Calculated?
Answer: Margin Level = Total Assets Value/(Total Borrowed Value + Total Accrued Interest Value)
3. Which One Of The Following Events Will Force You To Liquidate?
Answer: The Margin Level Has Reached The Liquidation Level
4. How Often Is Margin Interest Calculated?
Answer: Hourly, At The Time Of Borrowing
5. Do You Need To Borrow Manually Before Trading?
Answer: No, You Can Use The “auto Borrow” Function On The Trading Page.
6. Which One Of The Following Factors Does Not Affect Your Maximum Borrowing Limit?
Answer: The Borrowing Period
7. Which One Of The Following Sentences Is Correct Regarding Your Borrowing Interest Rate?
Answer: The Borrowing Interest Rate Will Change With The Market, And The System Will Notify You When It Changes
8. In The Event Of Liquidation, How To Repay Your Debts?
Answer: Binance Insurance Funds Will Write Off Your Debts
9. How To Pay The Interest Fee With Bnb In Cross Margin?
Answer: Transfer BNB To Cross Margin Account And Repay Manually
10. When You Receive A Margin Call Notification, What Should You Do?
Answer: Reduce Your Position To Repay The Debt Or Add More Collateral Into The Margin Account.
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