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 on Binance Loans (Flexible Rate) and VIP Loan.
Please Note:
Users may refer to Loan Data and VIP Loan for the latest interest rates and a complete list of loanable and collateral assets. Users who are interested in VIP Loan may also get in touch with the Binance VIP Key Account Coverage team via email (vip_loan@binance.com) for more information.
To place new Binance Loans (Flexible Rate) orders via the Binance App, please upgrade the App to iOS v2.78.0 or Android v2.78.0, or later. Older app versions no longer support the placement of new Binance Loans (Flexible Rate) orders. Refer to this announcement for more information.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
About Binance Loans (Flexible Rate):
Binance Loans (Flexible Rate) is an open-term loan product that allows users to complete loan orders while collateralizing cryptocurrencies in existing Simple Earn Flexible Products subscriptions. Users may enjoy greater flexibility without committing to a specific loan term when borrowing cryptocurrencies on Binance Loans (Flexible Rate), and earn Real-Time APR rewards via Simple Earn Flexible Products at the same time. Loan rates are refreshed every minute, and users may place a loan order with a minimum of 1 USDC equivalent.
About 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.
Thank you for your support!
Binance Team
2024-10-16
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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.
