This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance has added the following loanable assets and collateral assets on Flexible Loan and VIP Loan:
Please refer to Loan Data and VIP Loan for the latest interest rates and a complete list of loanable and collateral assets.
What Is Binance Flexible Loan?
Binance Flexible Loan is an isolated, overcollateralized, and open-term loan service which allows users to complete loan orders while collateralizing cryptocurrencies in existing Simple Earn Flexible Products subscriptions. Through Flexible Loan, users may enjoy greater flexibility without committing to a specific loan term when borrowing cryptocurrencies, and earn Real-Time APR rewards via Simple Earn Flexible Products at the same time.
What Is Binance VIP Loan?
Binance VIP Loan is a large personal and institutional over-collateralized loan service with competitive rates, terms, and services. Users may use Binance VIP Loan to unlock greater potential in objectives, such as greater liquidity for long-term investment funds, leveraged trading, and hedging strategies.
Notes:
Thanks for your support!
Binance Team
2023-08-10
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
