This is a general announcement. The products and services described here may not be available in your region.
Dear Binance community members,
Binance has added Usual (USUAL) as an asset for loans on the Binance loan service (with flexible terms).
Please note:
In the Loan Details section, users can find out the current interest rates and a complete list of assets for loans and collateral.
To place new orders for Binance loans (with flexible rates) through the Binance app, it is necessary to update it to version v2.78.0 for iOS or Android or later. Previous versions of the app no longer support placing new orders for loans (with flexible rates). Please refer to this announcement for more information.
There may be discrepancies between the original content in English and any translated versions. Please refer to the original English version for the most accurate information in case of discrepancies.
Binance Loans (with flexible rates)
Binance Loans (with flexible rates) are a credit product with no fixed term that allows users to place loan orders using cryptocurrency in existing Simple Earn product subscriptions with flexible terms as collateral. Users can expand their capabilities without being limited by a specific term when borrowing cryptocurrency on Binance (with flexible rates). At the same time, they can earn rewards in the form of real-time APR using Simple Earn products with flexible terms. Loan rates are updated every minute, and users can place a loan order with a minimum amount equivalent to 1 USDC.
Obtain a flexible-rate loan on Binance
Additional information
Thank you for your support!
The Binance Team
25.12.2024