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Question on Margin Trading

Binance

Cryptocoins Exchanges / Binance 234 Views

Guys.:

Last Monday I transferred 100$ USDT to Binance Margin. I then borrowed 200$ from Binance Margin making it a total of 300$ which I placed to Cardano (ADA).

Today I wanted to add more funds to Margin but have no more USDT. So I transferred 500$ worth of BNB tokens to Margin. Now it says I can borrow an additional USDT amount upto 1000$.

my question is that will my 500$ collateral Bnb get converted to USDT by Binance or will it remain as BNB token and continue to appreciate in value similar to hodling in Spot trading?

submitted by /u/Individual_Dentist32
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