This is a general announcement, and the products and services mentioned here may not be applicable to your region.
Dear Users:
Binance Staking Margin Borrowing (Spot Rate) and VIP Margin Borrowing add the following borrowable assets:
Note:
Please refer to Staking Margin Borrowing Information and Binance VIP Margin Borrowing for the latest rates and the complete list of borrowable and collateral assets. Users interested in VIP Margin Borrowing can contact their dedicated Binance 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 Staking Margin Borrowing (Spot Rate) orders through the Binance App. Older app versions are no longer supported for submitting new Staking Margin Borrowing (Spot Rate) orders. For more information, please refer to this announcement;
There may be discrepancies between the English original announcement and the translated version. In case of any discrepancies, please refer to the English original for the latest or most accurate information.
About Staking Margin Borrowing (Spot Rate):
Staking Margin Borrowing (Spot Rate) has no borrowing term limits, allowing for more flexible management. Users can use assets in Binance Earn's spot products as collateral for borrowing while simultaneously enjoying real-time annualized returns. The borrowing rate is updated every minute, with a minimum borrowing amount equivalent to 1 USDC.
About Binance VIP Margin Borrowing:
Binance VIP Margin Borrowing provides over-collateralized lending services for individuals or institutions, with more competitive rates, terms, and services. Binance VIP Margin Borrowing can unlock greater potential for users, such as providing increased liquidity for long-term investment funds, leveraged trading, and hedging strategies.
Related Information:
Thank you for your support of Binance!
Binance Team
October 30, 2024