BlockBeats news, on September 27, according to the official announcement, Binance launched a fixed-rate loan service to provide loan borrowers and funding providers with stable, predictable interest rates and fixed loan terms.
This service allows users to borrow or provide assets at customizable interest rates, providing security and reliability in the fast-paced world of cryptocurrency. Borrowers can pledge multiple forms of collateral, with a value exceeding the loan amount, to mitigate liquidation risks.