This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
The following new assets have been added to Binance VIP and Demand Loan platforms:
Please refer to the VIP Loans or Loan Data pages for details.
About Binance Demand Loans:
Binance Demand Loan is an independent loan product with over-collateralization and unlimited term. Each loan position must be over-collateralized, that is, the value of the collateral pledged by the user must be higher than the value of the digital assets loaned by Binance.
Binance Current Loans use users’ current assets as collateral. These assets continue to receive real-time rewards while being pledged, helping users manage their pledge rates more conveniently and reduce interest costs.
About Binance VIP Borrowing:
Binance VIP Loan provides individuals or institutions with over-collateralized lending services with more competitive interest rates, terms and services. Binance VIP Loan can unlock greater potential for users, such as providing greater liquidity for long-term investment funds, leveraged trading and hedging strategies.
Notice:
See the Binance VIP Loan, Demand Loan, or Earn Demand FAQs for more information. Please contact your Binance account manager via email (vip_loan@binance.com) for more information.
The terms and conditions of Binance Borrow and Earn products apply.
In the event of any discrepancy between the translated version and the original English version, the English version shall prevail.
Thank you for your support!
Binance Team
August 10, 2023