Whenever you trade on margin, there might be a small debt balance remaining in your margin account after trading. At Binance, you can convert small debt with a valuation below 10 USDT to USDT debt 3 times within 6 hours.
How to convert small debt on the Binance website?
1. Log in to your Binance account and click [Wallet] - [Margin].
2. Click [Debt Convert].
3. Here you can see a list of the debt that can be converted into USDT. Check the total USDT amount you wish to convert to and click [Convert].
4. You can click on [Convert History] in the upper right corner to view the history of conversion details.
Please note: The token conversion rate shall be as determined by Binance. An additional flat 2% fee will also be applied to all token conversions.
How to convert small debt on the Binance app?
1. Log in to your Binance account and tap [Wallets] - [Margin] - [Debt Convert].
2. Here you can see a list of the debt that can be converted into USDT. Check the total USDT amount you wish to convert to and tap [Convert].
3. You can tap on [Convert History] in the upper right corner to view the history of conversion details.
Please note: The token conversion rate shall be as determined by Binance. An additional flat 2% fee will also be applied to all token conversions.
To learn more about your Binance Margin Trading account, please visit the Introduction to Margin Trading FAQs page.