Recently, new coin mining has been booming, and the threshold of 6 BNB has caused many people to struggle. In fact, there's no need to wait until you have enough — just borrow directly.
Borrowing may sound risky, but it’s actually very controllable. The key is to understand a number: as long as the BNB price decline is kept within 20%, the pledged position remains very safe. Only in the case of a crash-level drop will liquidation occur, and such extreme scenarios are extremely unlikely.
Let’s look at the interest costs. Using today’s data as an example: borrowing 1000U has a daily interest of only 0.25U, and borrowing 1 BNB requires pledging about 1300U. In other words, the daily interest for borrowing 1 BNB is less than 1U. Compared to mining profits, this cost is negligible.
When is the best time to borrow? Of course, the later the better — this maximizes the reduction of risk exposure time. However, the risk of borrowing late is that the BNB in your wallet might be stolen, so the safest approach is to do it on the morning of the new coin launch.
The operation process is actually very simple. Open a top wallet, go to the financial - borrowing module (remember to upgrade to the latest version), and follow the interface prompts to input the required authorization amount. The only thing to pay attention to is the safety value setting — the higher the safety value, the harder it is to be liquidated, but it also requires more USDT to pledge, depending on your risk preference.
After comparing all borrowing channels in the wallet, it appears that the lending interest in the financial section is the lowest, with no cheaper options available.
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LightningSentry
· 14h ago
Mining with BNB? That's a bit crazy. I think it still depends on your risk tolerance.
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TopBuyerBottomSeller
· 01-13 02:57
Borrowing to mine sounds easy, but in reality, it's playing with fire.
View OriginalReply0
AirdropChaser
· 01-13 02:57
Wait, a 20% drop is considered safe? Buddy, you probably haven't experienced 312 yet.
View OriginalReply0
ImpermanentSage
· 01-13 02:57
Lending mining is indeed quite exciting, but is a 20% drop really safe? Come on, this number looks pretty shaky to me.
View OriginalReply0
FreeRider
· 01-13 02:53
Borrowing 1 BNB for less than $1 in interest? Is this data reliable? It seems a bit suspicious.
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GateUser-addcaaf7
· 01-13 02:37
Uh... a 20% drop is still "very safe"? That's a bit bold to say, haha.
Borrowing to mine is indeed convenient, but you need to have a big heart.
Wait, isn't this just leveraged trading with a different disguise?
View OriginalReply0
HappyToBeDumped
· 01-13 02:34
It's easy to talk about it this way, but when it really comes time to liquidate, you won't even have time to cry.
View OriginalReply0
AlwaysQuestioning
· 01-13 02:32
Wait, is a 20% drop safe? What guarantees do we have?
Recently, new coin mining has been booming, and the threshold of 6 BNB has caused many people to struggle. In fact, there's no need to wait until you have enough — just borrow directly.
Borrowing may sound risky, but it’s actually very controllable. The key is to understand a number: as long as the BNB price decline is kept within 20%, the pledged position remains very safe. Only in the case of a crash-level drop will liquidation occur, and such extreme scenarios are extremely unlikely.
Let’s look at the interest costs. Using today’s data as an example: borrowing 1000U has a daily interest of only 0.25U, and borrowing 1 BNB requires pledging about 1300U. In other words, the daily interest for borrowing 1 BNB is less than 1U. Compared to mining profits, this cost is negligible.
When is the best time to borrow? Of course, the later the better — this maximizes the reduction of risk exposure time. However, the risk of borrowing late is that the BNB in your wallet might be stolen, so the safest approach is to do it on the morning of the new coin launch.
The operation process is actually very simple. Open a top wallet, go to the financial - borrowing module (remember to upgrade to the latest version), and follow the interface prompts to input the required authorization amount. The only thing to pay attention to is the safety value setting — the higher the safety value, the harder it is to be liquidated, but it also requires more USDT to pledge, depending on your risk preference.
After comparing all borrowing channels in the wallet, it appears that the lending interest in the financial section is the lowest, with no cheaper options available.