Dear Binance Community Members,
Binance Loans is introducing a new promotion for select Proof-of-Work (POW) coins (namely BTC, LTC, BCH, ETC or DOGE) for Flexible Loans and VIP Loans.

During the Promotion Period, 100 users who either take out Flexible Loans with participating POW Coins or use any of the select coins as collateral for a Flexible Loan will receive a 30 USDT voucher on a first-come, first-served basis.
In addition, all users can qualify for reduced loan rates when applying for qualifying VIP loans in selected POW coins during the promotion period.
Promotion period: from 06/19/2023 15:00 to 07/19/2023 15:00 (Moscow time).
Promotion 1: Borrow BTC, LTC, BCH, ETC or DOGE through Flex Loans or use these POW coins as collateral in Flex Loans and receive a 30 USDT voucher
The first 100 new Flexible Loan users who complete all of the tasks below will receive 30 USDT in vouchers each.
Confirm your participation here.
Borrow 500 USDT in BTC, LTC, BCH, ETC or DOGE in a flexible product OR use any of these select POW coins as collateral in a flexible product for a total of at least 500 USDT from 06/19/2023 3:00 PM (Moscow time) to 07/19/2023 15:00 (Moscow time).
Hold a flexible loan position of at least 500 USDT (equivalent) for at least 10 full days after the loan is issued.
Please note that you can continue to earn rewards with real-time APR on collateralized assets. Additional information can be found in this announcement.
Apply for a loan with flexible terms right now and receive a voucher for 30 USDT!
Promotion 2: Get a discount when applying for a loan in BTC, LTC, BCH, ETC or DOGE in VIP loans
During the Promotion period, all users can take advantage of the reduced rates below for each VIP loan that meets all of the following requirements:
BTC, LTC, BCH, ETC or DOGE is a borrowed asset
The loan amount is at least $200,000 (equivalent)
The loan term is 30 days
Digital asset | Special annual interest rate | Stock Assets* |
BTC | 1,65% | 2 000 BTC |
LTC | 5,47% | 10 000 LTC |
BCH | 10% | 10 000 BCH |
ETC | 7% | 50 000 ETC |
DOGE | 3,35% | 10 000 000 DOGE |
Please note that the above preferential borrowing rates are available to users on a first come, first serve basis. Each VIP loan in BTC, LTC, BCH, ETC or DOGE that meets the above requirements reduces the supply of the asset*.
Once the stock of assets available for borrowing under the promotion is exhausted, the applicable APR will change to the Standard APR. Users can view current interest rates on the VIP loans page.
For more information, please contact Binance VIP Key Account Team via Telegram (@vip_loan_binance).
Apply for a VIP loan
Terms and conditions
Visit the loan details and VIP loan section to find out the current interest rates and a complete list of assets for the loan and collateral.
To learn more, check out the FAQs for Binance VIP Loans, Flexible Loans, or Simple Earn Flexible Products. Users interested in a VIP loan can also contact the Binance Key VIP Account team on Telegram (@vip_loan_binance) or email (vip_loan@binance.com).
All verified users are eligible to participate in both Promotion 1 and Promotion 2.
Selected Proof-of-Work (POW) coins for Promotion 1 and Promotion 2: BTC, LTC, BCH, ETC, DOGE.
Promotion 1:
Promotion 1 is only available to users authorized to use Binance Simple Earn and may not be available or may be restricted in certain jurisdictions or regions and for certain users depending on legal and regulatory requirements.
All rewards will be distributed in the form of USDT vouchers within three weeks after the end of the promotion. To receive rewards in the form of vouchers, you need to log in to the system and go to the profile menu > Rewards Center.
All vouchers received will expire within 14 days of distribution. Users must claim their vouchers before they expire. Find out how to redeem your token voucher.
Terms and conditions apply for Binance and Simple Earn Flexible Loans.
Binance reserves the right to disqualify any participants it reasonably determines to be fraudulent or in violation of applicable terms and conditions.
Binance reserves the right, without prior notice, at any time and in its sole discretion, to establish and/or change the terms and conditions (including, without limitation, the cancellation, extension, termination and suspension of these promotions), as well as the terms and conditions of participation, eligibility conditions and the number of winners and timing of any assignments. All participants are required to follow the changes.
Additional terms and conditions of the promotion are available here.
If the translation and the original English version of the terms differ, the English version shall prevail.
Thanks for support!
Binance command
19.06.2023
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Binance reserves the right, at its sole discretion, to edit, modify or cancel this announcement at any time and for any reason without prior notice.
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