**Binance Crypto Loans: Minimum Amounts & Key Details**
*Minimum Loan Amounts:*
- Binance offers crypto loans with minimum amounts that vary based on the specific cryptocurrency and loan duration.
- Examples include:
- **BNB (Binance Coin):** Minimum of 0.01 BNB (around $5 USD)
- **BTC (Bitcoin):** Minimum of 0.001 BTC (around $20 USD)
- **ETH (Ethereum):** Minimum of 0.01 ETH (around $20 USD)
*Eligibility Criteria:*
- To qualify for a loan on Binance, you must:
- Hold a verified Binance account
- Maintain adequate collateral (cryptocurrency) in your Binance wallet
- Adhere to the minimum loan amount and Loan-to-Value (LTV) ratio requirements
- Accept the loan's terms and conditions
*Loan-to-Value (LTV) Ratio:*
- The LTV ratio is determined by the cryptocurrency and loan duration.
- Examples include:
- **BNB:** Up to 50% LTV (borrow up to 50% of your BNB collateral)
- **BTC:** Up to 30% LTV (borrow up to 30% of your BTC collateral)
*Interest Rates:*
- Binance's interest rates vary based on the cryptocurrency and loan term.
- Examples include:
- **BNB:** 3.65% APY (annual percentage yield)
- **BTC:** 4.65% APY
Please be aware that these amounts and conditions may change according to market dynamics and individual factors. Always refer to the Binance website or app for the latest details. #BinanceLoans #CryptoLoan
