This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
Binance Pledged Loans (Demand Rate) and VIP Loans have added the following new borrowable assets:
Notice:
Please refer to Pledged Loan Information and Binance VIP Loan for the latest interest rates and a complete list of loanable assets and collateral assets. Users interested in VIP Loan can contact Binance's dedicated account manager via email (vip_loan@binance.com) for more information;
Users need to upgrade the Binance App to iOS v2.78.0 or Android v2.78.0 or higher to submit new pledge loan (current rate) orders through the Binance App. Old app versions no longer support submitting new pledge loan (current rate) orders;
There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.
About pledged currency (current interest rate):
There is no limit on the loan period for pledged loans (current interest rate), and the loan management is more flexible. Users can use the assets in the Binance Earn Current Product as collateral to borrow money and enjoy real-time annualized returns at the same time. The loan interest rate is updated every minute, and the minimum loan amount is 1 USDC or equivalent.
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.
Relevant information:
Thank you for your support!
Binance Team
July 31, 2024
