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

Caros Binancers,

Binance has added the following assets for borrowing on Binance Loans (Flexible Rate) and VIP Loans.

Blocked

New assets for loans

Binance Loans (Flexible Rate)

Rain (RAIN)

VIP Loans

Observation:

  • Users can refer to Loan Details and VIP Loans for the latest interest rates and a full list of borrowable assets and collateral. Users interested in VIP Loans can also contact the Binance VIP Main Account Coverage team via email (vip_loan@binance.com) for more information.

  • To make new Binance Loans (flexible rate) loan requests via the Binance app, please update to iOS v2.78.0 or Android v2.78.0 or later. Older versions of the app no ​​longer support creating new Binance Loans (flexible rate) loan requests. Please refer to this announcement for more information.

  • There may be discrepancies between the original English content and any translated versions. Please refer to the original English version for the most accurate information should any discrepancies arise.

About Binance Loans (Flexible Rate):

Binance Loans (Flexible Rate) is an open-ended lending product that allows users to complete loan requests while using crypto as collateral on existing Simple Earn Flexible Product applications. Users can enjoy greater flexibility without committing to a specific loan term when borrowing crypto on Binance Loans (Flexible Rate) while also earning Real-Time APR rewards through Simple Earn Flexible Products. Lending rates are updated every minute and users can create a loan request with a minimum equivalent of 1 USDC.

Start using Binance Loans (Flexible Rate) today

About Binance VIP Loan:

Binance VIP Loan is a personal and institutional over-collateralized lending service with competitive rates, terms, and services. Users can leverage Binance VIP Loan to leverage their potential for purposes such as increased liquidity for long-term investment funds and hedging strategies.

Get Started with Binance VIP Loans Today

For more information:

Thank you for your support!

Binance Team

30/10/2024

Disclaimer: EURI is an electronic money token issued by Banking Circle S.A (https://www.bankingcircle.com/). The EURI whitepaper is available here. You can contact Banking Circle using the following contact information: +44 (0)7867254482 and clientservices@bankingcircle.com.

EURI buyers can exchange their EURI for the nominal value of funds denominated in the official currency that the EURI is referencing (EUR) for the monetary value of EUR held by Banking Circle for the EURI buyer.