How to Post A Borrow Order in Margin Borrowing
Updated at:69 days 4 hours ago
If your desired borrowing amount and interest rate can't be found in the margin lending market, now you can post a borrow order to get matching borrowers.
How to post a borrow order
Step 1: Log in to your Gate.io account. Place your cursor over "Earn" on the top menu bar and click "Margin Borrowing".
Step 2: Click "Margin Transfer" on the upper-right corner of the "Margin Borrowing" page. Select a coin you want to transfer in and enter an amount before clicking on "Transfer Now".
Step 3: Having transferred in successfully, you can post a borrow order by simply clicking on "Post a borrow order with your desired interest rate" at the bottom of the page.
Step 4: Input borrow amount and daily interest rate, and choose one from "Auto Repay" and "Auto Renew". Click "OK" if all the information is confirmed.
① Input borrow amount;
② Input daily interest rate;
③ Choose one from "Auto Renew" and "Auto Repay";
④ Click "OK" if all the information is confirmed.
Step 5: Successfully posted borrowing orders are shown in the "Borrowing Order" tab at the bottom of the page. You can check either "My Orders" or "My Trades" here.