Step 1: enter “margin trading” page, and click “Loan”
Step 2: click “Transfer”
Step 3: In the popup window, select transfer type and token, enter transfer amount, and click “Confirm” to finish the transfer
Step 4: select “Loan token” and “Daily Rate”
* Bibox provides investors with multiple options of the daily rate. You can loan at a suitable daily rate.
Step 5: enter the loan amount and click “Loan” to submit the loan application
The system will automatically calculate the loanable amount based on your current assets. You can enter the amount you want to loan in the loan amount input box. (The system has a limit on the minimum and maximum amount of a single loan, and the system will automatically adjust the value according to current market conditions.)
Step 6: View the loan application
You can also view the loan and repayment records in “Open Orders” and “Outstanding Debts”.
Step 7: Trade
After loaning, you can click the “Back to Margin Trading” in the upper left or “Margin” – “Margin Trading” on the top navigation area to select trading pairs and trade.
Margin Trading Instructions:
Bibox supports both token exchange and margin trading. Follow the instructions to trade: select “Margin” on the top navigation area– select “Margin Trading” – choose a trading pair and borrow (For details please refer to the borrowing instructions).
Fund in “Master Account” is used for token exchange;
Fund in “Margin Account” is used for margin trading (Fund in Margin Account = Fund transferred from “Master Account” + Fund borrowed);
Funds in the two accounts are used independently.
What does “” mean?
“” means “Margin Trading”.
View your assets:
You can get quick entry to your assets through “Funds” on the top navigation area:
You can get a quick view of your funds in “Master Account” and “Margin Account” in the dropdown list by mouseover.
You can view your assets in these two accounts in details.
View your bill:
View your bill in the selected account through: “Assets” – “My Bill”.
Note: “Master Account” and “Margin Account” are kept separately.
You can make quick lending through mouseover.
View records of orders made and finished:
You can view records of orders, order history and finished orders through “Funds”.
Switch between Token “Exchange” and “Margin Trading” through the dropdown list of Trade type, and view records respectively.
【Margin Trading】Loan Instructions – End