Binance Loans on March 20, 2024 added New Loanable assets.

How does Binance Loans works?

Binance Loans (Flexible Rate) is an open-term loan product that allows users to complete loan orders while collateralizing cryptocurrencies in existing Simple Earn Flexible Products subscriptions. Users may enjoy greater flexibility without committing to a specific loan term when borrowing cryptocurrencies on Binance Loans (Flexible Rate), and earn Real-Time APR rewards via Simple Earn Flexible Products at the same time. Loan rates are refreshed every minute, and users may place a loan order with a minimum of 1 USDT equivalent.

Binance has added the following assets:

Algorand (ALGO)

ApeCoin (APE)

Dai (DAI)

Open Campus (EDU)

MultiversX (EGLD)

FLOKI (FLOKI)

Flow (FLOW)

The Graph (GRT)

Immutable (IMX)

Lido DAO (LDO)

Mina (MINA)

Maker (MKR)

Neo (NEO)

Quant (QNT)

Stacks (STX)

Solar (SXP)

Zilliqa (ZIL)

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