binance margin

[Anonymous No.17775286]

Fucking ugly.
Okay. Let's say 5x is used.
If I put "1000 usdt", I'm actually just using 200 dollars? That's how it is on other exchanges, but it doesn't even look that way here.

Honestly, they have the ugliest interface.

Let me give you my example. .7btc on margin wallet. Most I can borrow is 6kusdt.

That's not even a x2 let alone 5x.

I don't get this shit. I assume if I use say 1k, it will just treat THAT like 5k?
What the fuck, binance. Make this shit easier to understand.

[Anonymous No.17775846]

>>17775286
help. Other exchanges explain margin better.

Just want to know if when I borrow say .1btc on 5x leverage if it is me risking .2btc ot if the .1btc is treated like .5btc

[Anonymous No.17775891]

>>17775846
>ot
or

[Anonymous No.17776225]

>>17775846
.2 is supposed to say .02 fyi

[Anonymous No.17776274]

>>17775286
Just buy the BULL/BEAR tokens it’s easier

[Anonymous No.17776492]

>>17775286
its also confusing as hell when say you are margin trading 2 seperate coins with the same pair and when you put "repay", it combines the worth of both pairs (i.e. say you had 1k usdt in 2 coins and both fill, it's not 2k usdt in the same pool).

Fucking binance.

[Anonymous No.17776516]

>>17776274
I bought bnbbear but it’s going down wtf

[Anonymous No.17776543]

>>17776492
>not
fucking phone. Supposed to say "now".

[Anonymous No.17777645]

>>17775846
Can someone just tell me a one word answer?

Just say if it's the former or latter

[Anonymous No.17777696]

Do you have brain problems, OP?

[Anonymous No.17778021]

>>17777645
bump

[Anonymous No.17778078]

>>17777696
Yes. Please answer my question.

[Anonymous No.17778111]

>>17777696
Please. Please send help. Please answer the question. Plz

[Anonymous No.17778161]

>>17775286
Truth is i don't know, but I will reply regardless.
Are you trading on the margin one, where you can borrow, or on futures?

[Anonymous No.17778209]

>>17778161
margin. I am asking support too. Sometimes they ghost my questions. I have seen it on other exchanges such as bybit and kraken, but it's just weird on binance.

[Anonymous No.17778301]

>>17778209
Okay so from my understanding on margin, lets say you use 3x, and you have 0.1 BTC, you can borrow at most 0.2 btc
youtube.com/watch?v=h5wZoNSynh8

[Anonymous No.17778341]

>>17775286
>>17775846
>>17775891
>>17776225
>>17776492
>>17776543
>>17777645
>>17778111
>>17778209
have sex

[Anonymous No.17778340]

>>17778209
>>17778301
But yeah if you have 0.7 and can only borrow 6k dollars, then idk, i'm too brainlet

[Anonymous No.17778523]

I thought binance was blocked from usa? Or atleast the original full version.

[Anonymous No.17778559]

>>17778523
Kek I’m in the US with no VPN and still have a 100 BTC daily withdrawal limit. Comfy af

[Anonymous No.17778605]

>>17778559
Based. Funds safu as always.

[Anonymous No.17778655]

>>17778340
My brain hurts too. Anyways, I asked support. They told me with 5x leverage, you can borrow 1BTC max and with 3x you can borrow 2BTC max. I coulndnt get the to understand my question well.

So basically say I have 1BTC. I can borrow at most 1BTC (for a total of 2) because at 5x, 1BTC is the borrowing limit.
So basically, you can have 2BTC max... but I wouldnt use the whole shit though since you have to understand how the margin call shit works perfectly (you can get liquidated easily by borrowing too much). Anyways, I can probably figure it out once I close some positions. Im in the green by quite a bit so I dont want to do that yet.

Shit is not friendly. Other exchanges have it much easier to understand.
But basically, it seems what you can do is plan a stop loss (say 10%), do 2/10 (2% being the portfolio risk), and just multiply that by the amount in your portfolio (not including the debt). Then you just risk that...?

Honestly, I think I'm missing something there. That's how you normally do it. Something about the borrowing is done on binance throws me off hard. Im retarded

[Anonymous No.17778793]

>>17778655
So for example, 2%/10% = .2. Say you have 1BTC. .2x1BTC= .2btc can be risked.
Okay... here is where the brain fart kicks in. So on 5x leverage, I assume that means I can borrow 1btc while only risking .2btc?

[Anonymous No.17778813]

>>17775846
I don't understand exactly what your problem is but at least on bitmex, you just risk your margin. Let's say if your margin is $200 with 5x leverage then your position is $200x5 and whatever profits you make will be added to your margin. For example if BTC was to move 5% then you multiply that by your leverage (5x5) and you would make 25% profit or $50. If you were liquidated then you would just lose the $200 but you would pay a bitmex fee as well hence why you should use a stoploss to avoid that.

I'm not an expert by any means and actually never leverage traded but I have looked into it, read guides and shit. I hope it helps somehow

[Anonymous No.17778953]

>>17778793
>example, 2%/10% = .2. Say you have 1BTC. .2x1BTC= .2btc can be risked.
>Okay... here is where the brain fart kicks in. So on 5x leverage, I assume
Just to clarify, I didnt say "borrow 5btc" because again, 2btc is the limit on binance if not authenticated or whatever the fuck that was called

[Anonymous No.17778993]

>>17778655
The support is fucking braindead they know fuck all. I haven't read your walls of text because I'm too lazy, but anyway here is my explanation of Binance margin since I learned it today to long LINK 1.25x against BTC.

Watch this video: https://www.binance.vision/tutorials/binance-margin-trading-guide

My explanation:
Have 1 btc in margin wallet. If you want to long it 2x, then borrow 1 btc worth of USDT. If 3x then borrow 2 btc worth of USDT(which is max unless you apply for 5x margin account). Use said USDT to buy Bitcoin. Once you hit your sell target, you sell your Bitcoin and pay back the debt you had in USDT. If your position falls at the same level as your USDT debt, then your position will be liqudated(if I understood correctly, although it seems logical as well by itself)

If you want to long LINK against BTC, then have btc in margin wallet, borrow as much btc you want and use that btc to buy LINK.

[Anonymous No.17779023]

>>17777645
Sneed

[Anonymous No.17779107]

>>17778953
okay im retarded. In other words to give an actual example, say you have 1btc. Say you want to risk 2% of portfolio. Just take .02 of 1btc which is .02btc.

You take THAT to the margin wallet and they will times 3 or 5 that depending on what you choose. 5x. That .02 becomes .1

If you lose that .1btc, then you actually lost just .02 btc of your portfolio. Thing is you have to repay the .08 btc that you borrowed still (let's just pretend you got liquidated). So even risking just 2%, of you get liquidated, you will have to pay more. In this example, you actually have to pay the whole .1btc even if you just risked .02btc.

Is this actually right?

[Anonymous No.17779132]

>>17775286
Because Binance Margin deals with margin levels. It is that 1.X number you see and when you have no positions its probably 200something. You can't go 5x unless your margin level is over 1.5 anything under and you're restricted to 3x leverage. At 1.1 you get liquidated. Its a really shitty system.

Btw I tried Binance margin trading too and after wrapping my head around it I realized their margin platform fucking sucks. It bugs out continiously and its really fucking slow. I had to refresh the page to see if my orders went trough, I had to refresh the page everytime I wanted to enter or cancel stoplosses. The whole thing is a disaster imo.

Futures are pretty decent though

[Anonymous No.17779190]

>>17775286
No if you order 1000 you get 1000. If you have 1000 and order 5000 you're using 5x leverage.

[Anonymous No.17779194]

>>17779107
You have to put your whole portfolio there though imo just to mitigate the chances of getting liquidated.

Also, this is not a correct way of calculating risk since you shouldnt have a stop that loose to begin with..

[Anonymous No.17779219]

>>17779190
Okay. So that aspect IS like bybit for instance.

[Anonymous No.17779242]

>>17779219
its like that everywhere

[Anonymous No.17779342]

okay okay okay. Let's start over. I need an actual example of how to calculate risk on margin.

Let's pretend I use 5x.
Let's pretend I have 1BTC on my margin wallet (no debt yet).
Let's pretend I only want to risk 2% of my portfolio.
Let's pretend a coin I spot will have a stop loss of 20% that I set.

How do I do the math? How much can I borrow?

[Anonymous No.17779499]

>>17779342
So for instance, (2/20)*1btc = .1btc can be risked from my portfolio. But... does that mean I can only use .02btc of my own portfolio and basically borrow the other .08?

This is the RIGHT way to calculate risk?

[Anonymous No.17779563]

>>17779499
me rn

[Anonymous No.17779790]

>>17779342
>>17779499
based samefagger (I'm op). BUMP
Just answer this and this thread can die. This is the ultimate question I have been trying to figure out

[Anonymous No.17780060]

I'm not sure how Binance works, but for regular stock leveraging, if you have 5x leverage that means you pay 1/5th of the price and the rest you borrow. So if you buy a 100$ worth of stock, you only have to pay 20$ of your own money and you borrow the rest, which is good for you if the stock goes up : so if the stock doubles and your purchase is worth 200$, then you've made 1000% (or 10x) return on your 20$ investment. You still have to pay back the broker for the money you borrowed, and if the stock had went down you would have to pay back the broker for the losses as well. Exchanges require you to have a certain amount of equity in your portfolio to make sure you can pay back what you have borrowed.

[Anonymous No.17780125]

>>17780060
Yeh, I get that much. Just trying to calculate risk accurately

[Anonymous No.17780192]

>>17780125
So what is your own situation and how much are you leveraging?

[Anonymous No.17780279]

>>17780192
Well I have .71btc I'm willing to play with in my portfolio at 5x.

Just want to see the math on risk calculations: >>17779342
>>17779499

Like if this is right, that's that and I understand what I need to know. Need a confirmation.

[Anonymous No.17780713]

>>17780279
Well judging from my understanding and from what Binance says on their website, you should be able to borrow 4 more BTC (if you have 1 BTC in your margin wallet), if you only want to risk 2% of your portfolio at 5x leverage then you want to take that 2% and also take 1/5th of that so that the sum of the amount you borrow + amount you pay yourself doesn't exceed 2% of your portfolio. Therefore it's 2/100 of portfolio divided by 5, so it's 2/500 or 1/250th of your portfolio.