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RE: Margin Trading - How to Borrow USD to then Buy more EOS

in #bitshares • 7 years ago

I have used the Bitshares DEX for some months now, I am still learning about the borrowing. How can it be interest free and is it always that?

So if I deposit $1000 and buy BTS, how much can I borrow to buy EOS?

7 years ago in #bitshares by
$0.40
  • Past Payouts $0.40, 0.00 TRX
  • - Author $0.30, 0.00 TRX
  • - Curators $0.10, 0.00 TRX
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     7 years ago 

    You don't get charged interest to borrow like banks would charge you interest. You just borrow against you collateral. Watch the video.

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       7 years ago 

      Thanks for the answer.

      I watched the video, I am still trying to understand it.

      So the 300 USD I borrowed just like in your video, I can borrow for free as long as the collateral is intact?

      $0.28
      • Past Payouts $0.28, 0.00 TRX
      • - Author $0.28, 0.00 TRX
      • - Curators $0.00, 0.00 TRX
      2 votes
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