This is a general announcement. The products and services described here may not be available in your area.
Dear Binance Community Members,
Binance has added the following assets for Flexible Rate Loans and VIP Loans:
Please note:
Users can refer to the Loan Details and VIP Loan sections to view the latest interest rates and a full list of assets available for borrowing and collateral. Users interested in VIP loans can also contact Binance's VIP customer service team via email (vip_loan@binance.com) for more information.
To place new Binance Loans (Flexible Rate) orders via the Binance app, you must update to v2.78.0 for iOS or Android or later. Previous versions of the app no longer support placing new Loans (Flexible Rate) orders. Please see this announcement for more information.
There may be discrepancies between the translation and the original English article. In this case, please read the original version of the announcement to get the most up-to-date and accurate information.
Binance Loans (with flexible rates)
Binance Loans (Flexible Rates) is a lending product with no term limit that allows users to place borrowing orders using cryptocurrency in their existing Simple Earn Flexible Rates product subscriptions as collateral. Users can expand their options by not being limited to a specific term when borrowing cryptocurrency on Binance (Flexible Rates) while earning real-time APR rewards through Simple Earn Flexible Rates products. Borrowing rates are updated every minute, and users can place a borrow order with a minimum amount equivalent to 1 USDC.
Get a Flexible Rate Loan on Binance
Binance VIP Loans
Binance VIP Loan is a large, overcollateralized individual or institutional loan with attractive rates, terms, and services. Users can take out a VIP loan on Binance to enjoy additional benefits and features, including deep liquidity for long-term investment funds, leveraged trading, and hedging strategies.
Additional information
Thanks for support!
Binance Team
04.09.2024
