Dear User:
To thank users for their continued support of Binance, Binance Margin will launch a preferential lending rate campaign for selected cryptocurrencies at 14:00 (ET) on June 9, 2023.
During the promotion, all regular and VIP users will enjoy fixed and discounted annual interest rates as low as 1% when borrowing these cryptocurrencies on the Binance Margin platform, as shown in the table below.
Please note: Fixed rate offers will revert to dynamic status after the event ends. For more details on the dynamic rate system, please refer to the FAQ.
Event time: 14:00, June 9, 2022 to 14:00, June 23, 2022 (GMT+8)
List of cryptocurrencies with Binance margin discounts:
* Note: The base annual interest rate of the above cryptocurrencies is on June 7, 2023, and is calculated by taking the daily average of the corresponding annualized interest rate over the past 30 days from this page. For more details, please refer to the margin interest record.
Notice:
The assets, quotas, collateralization rates, and interest rates supported by Binance Leverage will be adjusted at any time based on market conditions. Please refer to the Leverage data page for details.
Binance reserves the right to cancel or modify the rewards at its sole discretion without prior notice, including but not limited to canceling, extending, terminating or suspending these activities, their eligibility terms and criteria, evaluation criteria and the timing of any action, and all users will be bound by such modifications.
Additional campaign terms and conditions can be viewed here.
In the event of any discrepancy between the translated version and the original English version, the English version shall prevail.
illustrate:
Margin Trading Overview
How to short sell with leverage - sell high and buy low
How to Leverage Long - Buy Low and Sell High
Binance Leverage Dynamic Interest Rate System
Thank you for your support!
Binance Team
June 08, 2023
