Binance's margin trading supports an auto-borrow and auto-repay feature. Once enabled, you don't need to manually borrow funds before placing an order — the system automatically borrows when you open a position and repays when you close it, greatly simplifying the process.
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How to Enable Auto-Borrow and Auto-Repay
On the margin trading page, find the order area where you'll see an "Auto Borrow/Repay" toggle. Simply turn it on.
Once enabled: when you buy a token and your margin account balance is insufficient, the system automatically borrows the shortfall. When you sell, the system automatically uses the proceeds to repay the borrowed amount.
Supported for Both Cross and Isolated Margin
Yes. Both cross margin and isolated margin support auto-borrow and auto-repay. The interfaces may differ slightly — cross margin shares collateral across all pairs while isolated margin is independent per pair.
Interest Rates for Auto-Borrowing
The auto-borrow interest rate is the same as manual borrowing — there's no extra charge for automatic borrowing. Interest is calculated hourly, and specific rates can be found on the margin interest rate page. Rates vary by token and adjust dynamically based on supply and demand.
When Should You Use Auto-Borrow/Repay
If you trade margin frequently, it's recommended to keep it on. This saves you from borrowing before each trade, eliminating many steps.
If you only use margin occasionally or want precise control over borrowing amounts and timing, manual borrow/repay may be better. The manual approach lets you borrow when rates are low and hold off when rates spike.
Auto-Repay Priority
Auto-repay prioritizes interest first, then principal. If your sell proceeds aren't enough to cover the full loan, the system repays as much as possible, and the remainder continues accruing interest.
Important Notes
With auto-borrow/repay enabled, you may lose track of your actual borrowed amount. It's recommended to periodically check your margin account's borrowing details to understand your risk level. Excessive borrowing increases liquidation risk, especially during volatile market conditions.