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What is BingX Loan
BingX Loan is a financial service that offers user funds to meet short-term liquidity needs. With this service, you can borrow funds without selling your cryptos. By pledging your crypto and paying interest, you can borrow hot tokens like BTC, ETH and XRP, or stablecoins like USDT and USDC.
   
Advantages
Ultra-Low Interest Rates: Enjoy competitive ultra-low interest rates with hourly interest calculations and the flexibility to repay anytime.
Flexible Allocation: Borrowed funds can be used for various platform features such as Spot Trading, Futures Trading or Wealth product subscription. You can also withdraw the borrowed funds for use outside the platform.
   
Example Scenario
User A holds a BTCUSDT long position in Perpetual Futures and also has ETH Spot assets.
If the BTCUSDT price drops and there is insufficient margin for the Perpetual Futures position, User A can pledge their ETH Spot assets to borrow USDT. The borrowed USDT can then be transferred to the Perpetual Futures Account to increase the margin and prevent liquidation.
When the BTCUSDT price increases, User A can transfer the USDT from the Perpetual Futures Account to the Fund Account to repay the borrowed principal and interest.
πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—
https://bingx.com/invite/GV17FZ/
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What is BingX Loan
BingX Loan is a financial service that offers user funds to meet short-term liquidity needs. With this service, you can borrow funds without selling your cryptos. By pledging your crypto and paying interest, you can borrow hot tokens like BTC, ETH and XRP, or stablecoins like USDT and USDC.
   
Advantages
Ultra-Low Interest Rates: Enjoy competitive ultra-low interest rates with hourly interest calculations and the flexibility to repay anytime.
Flexible Allocation: Borrowed funds can be used for various platform features such as Spot Trading, Futures Trading or Wealth product subscription. You can also withdraw the borrowed funds for use outside the platform.
   
Example Scenario
User A holds a BTCUSDT long position in Perpetual Futures and also has ETH Spot assets.
If the BTCUSDT price drops and there is insufficient margin for the Perpetual Futures position, User A can pledge their ETH Spot assets to borrow USDT. The borrowed USDT can then be transferred to the Perpetual Futures Account to increase the margin and prevent liquidation.
When the BTCUSDT price increases, User A can transfer the USDT from the Perpetual Futures Account to the Fund Account to repay the borrowed principal and interest.
πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—πŸ”—
https://bingx.com/invite/GV17FZ/
@coinorz

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Just days after Russia invaded Ukraine, Durov wrote that Telegram was "increasingly becoming a source of unverified information," and he worried about the app being used to "incite ethnic hatred." The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. The fake Zelenskiy account reached 20,000 followers on Telegram before it was shut down, a remedial action that experts say is all too rare. As such, the SC would like to remind investors to always exercise caution when evaluating investment opportunities, especially those promising unrealistically high returns with little or no risk. Investors should also never deposit money into someone’s personal bank account if instructed. Ukrainian forces have since put up a strong resistance to the Russian troops amid the war that has left hundreds of Ukrainian civilians, including children, dead, according to the United Nations. Ukrainian and international officials have accused Russia of targeting civilian populations with shelling and bombardments.
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