This is a general announcement. The products and services mentioned here may not be available in your region.
Caros Binancers,
Binance has added the following assets for borrowing on Binance Loans (Flexible Rate) and VIP Loans.
Observation:
Users can refer to Loan Details and VIP Loans for the latest interest rates and a full list of borrowable assets and collateral. Users interested in VIP Loans can also contact the Binance VIP Main Account Coverage team via email (vip_loan@binance.com) for more information.
To make new Binance Loans (flexible rate) loan requests via the Binance app, please update to iOS v2.78.0 or Android v2.78.0 or later. Older versions of the app no longer support creating new Binance Loans (flexible rate) loan requests. Please refer to this announcement for more information.
There may be discrepancies in the translated version of this original English article. Please refer to the original version for the most recent or accurate information where discrepancies may arise.
About Binance Loans (Flexible Rate):
Binance Loans (Flexible Rate) is an open-ended lending product that allows users to complete loan requests while using crypto as collateral on existing Simple Earn Flexible Product applications. Users can enjoy greater flexibility without committing to a specific loan term when borrowing crypto on Binance Loans (Flexible Rate) while also earning Real-Time APR rewards through Simple Earn Flexible Products. Lending rates are updated every minute and users can create a loan request with a minimum equivalent of 1 USDC.
Start using Binance Loans (Flexible Rate) today
About Binance VIP Loan:
Binance VIP Loan is a personal and institutional over-collateralized lending service with competitive rates, terms, and services. Users can leverage Binance VIP Loan to leverage their potential for purposes such as increased liquidity for long-term investment funds and hedging strategies.
Get Started with Binance VIP Loans Today
For more information:
What is Binance Loans (Flexible Rate) and Frequently Asked Questions (FAQ)
What is Binance VIP Loan and Frequently Asked Questions (FAQ)
Thank you for your support!
Binance Team
25/09/2024
