This is a general announcement. The products and services mentioned here may not be available in your area.
Dear Binance members,
Binance has added the following lendable assets to Binance Loans (Flexible Rate) and VIP Loans.
please note:
Users can refer to Loan Data VIP Loan for the latest interest rates and a full list of loanable assets and collateral assets. Users interested in VIP Loan can also contact the Binance VIP Main Account Coverage Team via email (vip_loan@binance.com) for more information.
To place new orders on the Binance Loans (Flexible Rate) platform using the Binance App, please upgrade the app to iOS v2.78.0 or Android v2.78.0, or later. Older versions no longer support placing new orders on the Binance Loans (Flexible Rate) platform. Please see this Announcement for more information.
There may be a discrepancy between the translated version and the original English article. In this case, please refer to the original version for the most current or accurate information on the areas in which any discrepancy arises.
About Binance Loans (Flexible Rate):
Binance Loans (Flexible Rate) are open-ended loans that allow users to take out loan requests against cryptocurrencies used in existing Simple Earn flexible products as collateral. Users can enjoy greater flexibility without committing to a specific loan term when borrowing cryptocurrencies on Binance Loans (Flexible Rate), and earn instant APR rewards on Simple Earn flexible products at the same time. Loan rates are updated in real-time, and users can place loan requests with a minimum of 1 USDC.
About Binance VIP Loan:
Binance VIP Loan is a large personal and corporate loan service with competitive rates, terms, and services. Users can use Binance VIP Loan to enjoy greater potential in goals, such as greater liquidity for long-term investment funds, leveraged trading, and hedging strategies.
For more information:
What are Binance Loans (Flexible Rate) and the most frequently asked questions about them
What is Binance VIP Loans Platform and Frequently Asked Questions
Thank you for your support!
Binance Team
2024-09-18