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Questions tagged [borrowed money]

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CryptoKnight CryptoKnight Sat Dec 14 2024 | 7 answers 1802

Can I withdraw borrowed money from Binance?

I borrowed some money from Binance for trading cryptocurrencies. Now, I'm wondering if I can withdraw this borrowed money directly from my Binance account.

Can I withdraw borrowed money from Binance?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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