How to Redeem a Margin 0% Interest Voucher
Last updated
Last updated
1. Click on your Account icon and select [Reward Center] from the drop-down menu or in your dashboard after logging in to your account. Alternatively, you can directly visit or access the Reward Center via the “Account” or “More” menu on your Binance App.
2. Once you receive your Margin 0% Interest Voucher, you will be able to see its Interest-free loan limit(the face value), Currency, Eligibility, Interest-free Reward Time and Expiry Date of the redemption of the voucher in the Reward Center.
3. If you haven’t opened a Margin account, according to your choice of the voucher, a Cross Margin or Isolated Margin account will be automatically opened for you once you redeem the voucher. Once the Margin accounts are open, you can activate and enjoy the interest-free privilege of your Margin loan of the respective currency/pair within the reward time, and the interest-free loan amount of yours cannot exceed the face value of your voucher.
4. Due to the speciality of the Isolated Margin, once a 0% Interest Voucher of the Isolated Margin is redeemed, first you need to choose a currency pair containing the very currency of the voucher to allocate the interest-free privilege, thus to enjoy the privilege when you borrow the exact currency under this exact pair.
5. There will be a sign adjacent to the name of Cross Margin & Isolated Margin in Wallet - Margin once you have a non-claimed 0% interest privilege; Alternatively you can check how many more amount of 0% interest privilege you can enjoy from the window of Wallet - Margin - Borrow/Repay, and you can jump to the Reward Center from here directly to activate them.