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Margin Borrow Interest Rate

Binance

Cryptocoins Exchanges / Binance 268 Views

I went long on Ethereum, Ethereum then went up and now I have set a stop loss above my initial buy in so I will still make a profit if it drops. However I plan to hold this position for a long time if possible. The only thing that seems to be in my way is the Margin Borrow Interest Rate which is slowly decreasing my margin every 8 hours or so. If I let it keep decreasing and it hits 0, will my position automatically close? Are there any other potential issues with holding a position like this long term?

Any help is appreciated, thanks :)

submitted by /u/noahwiseau
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