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 to Flexible Rate Loans and VIP Loans:

fixed term

New loan asset

Binance Loans (Flexible Terms)

Vana (VANA)

VIP Loan

Simon's Cat (1000CAT), Pudgy Penguins (PENGU), and Vana (VANA)

Please note:

  • Users can refer to the sections Loan Details and VIP Loan to view current interest rates and the full list of assets for loans and collateral. Users interested in VIP loans can also contact the Binance VIP customer service team via email (vip_loan@binance.com) for additional information.

  • To place new orders for Binance Loans (with flexible rates) through the Binance app, it must be updated to version v2.78.0 for iOS or Android or a later version. Previous versions of the app no longer support placing new orders for loans (with flexible rates). Please refer to this announcement for more information.

  • Discrepancies may exist between the original English content and any translated versions. Please refer to the original English version for the most accurate information in case of discrepancies.

Binance Loans (with flexible rates)

Binance Loans (with flexible rates) are a credit product with no fixed term that allows users to place loan orders using cryptocurrency in existing Simple Earn subscriptions with flexible terms as collateral. Users can expand their capabilities without being limited to a specific term when borrowing cryptocurrency on Binance (with flexible rates). At the same time, they can earn rewards in the form of APR in real-time using Simple Earn products with flexible terms. Loan rates are updated every minute, and users can place a loan order with a minimum amount equivalent to 1 USDC.

Apply for a Flexible Rate Loan on Binance

Binance VIP Loans

Binance VIP Loan is a large individual or institutional loan with excess collateral at attractive rates, terms, and services. Users can apply for a VIP loan on Binance to enjoy additional benefits and opportunities, including high liquidity for long-term investment funds, leveraged trading, and hedging strategies.

Apply for a VIP Loan on Binance

Additional Information

Thank you for your support!

The Binance Team

18.12.2024