This is a general announcement. The products and services mentioned may not be available in your region.
Hello, Binancian:
Binance added the following asset for loans in Binance Loans (Flexible Rate) and VIP Loan.
Please note the following:
Users can check the Loan Data and VIP Loans for the latest interest rates and a complete list of available assets for loans and collateral. Users interested in VIP Loans can also contact the Binance VIP Key Accounts Coverage team via email (vip_loan@binance.com) for more information.
To create new orders in Binance Loans (Flexible Rate) through the Binance app, update the app to iOS v2.78.0 or Android v2.78.0, or later versions. Previous versions of the app no longer support the creation of new orders for Binance Loans (Flexible Rate). Check this announcement for more information.
There may be discrepancies between the translated version and the original English version of this announcement. In case there are, refer to the original version for the most accurate information.
About Binance Loans (Flexible Rate):
Binance Loans (Flexible Rate) is an open-term loan product that allows users to complete loan orders while using their cryptocurrencies as collateral in subscriptions to Flexible Simple Earn products. Users enjoy greater flexibility without being subject to a fixed term when requesting cryptocurrencies in Binance Loans (Flexible Rate), in addition to earning real-time APR rewards through the Flexible Simple Earn products. Loan rates are updated every minute, and users can generate a loan order with a minimum equivalent to 1 USDC.
Start your activity in Binance Loans (Flexible Rate) today
About Binance VIP Loan:
Binance VIP Loan is a great service for over-collateralized personal and institutional loans with competitive rates, terms, and services. Users can use Binance VIP Loan to enhance their goals, such as gaining greater liquidity for long-term investment funds, engaging in leveraged trading, and employing hedging strategies.
Start your activity in Binance VIP Loan today
For more information, check these resources:
What is Binance Loans (Flexible Rate) and frequently asked questions from users
What is Binance VIP Loan and other frequently asked questions
Thank you for your support!
The Binance Team
20/11/2024