This is a general announcement. The products and services described herein may not be available in your region.

Dear Binance Community Members,

Binance has added the following assets for Flexible Loans and VIP Loans:

with a fixed term

New borrowed assets

Binance loans (flexible terms)

BounceBit (BB), ConstitutionDAO (PEOPLE), IO.NET (IO), Notcoin (NOT), Omni Network (OMNI), Starknet Token (STRK), Wormhole (W) и zkSync (ZK)

VIP loan

BounceBit (BB), IO.NET (IO), Omni Network (OMNI) and zkSync (ZK)

Note:

  • Users can review the Loan Details and VIP Loan sections to view current interest rates and a complete list of loan and collateral assets. 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 orders for Binance Loans (Flexible Rate) through the Binance App, you must update to v2.78.0 for iOS or Android or later. Previous versions of the application no longer support placing new orders for loans (with a flexible rate). Check out this announcement for more information.

  • There may be discrepancies between the translation and the original English article. To obtain current and accurate information in this case, read the original version of the announcement.

Binance Loans (with flexible rates) 

Binance Loans (Flexible Rate) is an open-ended lending product that allows you to place loan orders using cryptocurrency in your existing Simple Earn flexible product subscriptions as collateral. Users can expand their options without being limited by a specific term when borrowing cryptocurrencies on Binance (with flexible rates). At the same time, they will be able to earn APR rewards in real time through Simple Earn's flexible products. Loan rates are updated every minute, and users can place a loan order with a minimum amount equivalent to 1 USDT. 

Apply for a loan with a flexible rate on Binance

Binance VIP Loans 

Binance VIP Loan is a large, over-collateralized personal or institutional loan with attractive rates, terms and services. Users can take out a VIP loan on Binance to take advantage of additional benefits and features, including high liquidity for long-term investment funds, leveraged trading, and hedging strategies. 

Apply for a VIP loan on Binance

Additional Information 

Thanks for support!

Binance Team

19.06.2024