This is a general announcement; the products and services mentioned may not be applicable in your region.
Dear User:
Binance Staking Borrowing (Spot Rate) and VIP Borrowing have added the following borrowable assets:
Note:
Please refer to Staking Borrowing Information and Binance VIP Borrowing for the latest rates and a complete list of borrowable and collateral assets. Users interested in VIP borrowing should contact their dedicated Binance account manager via email (vip_loan@binance.com) for more information;
Users need to upgrade to Binance App to iOS v2.78.0 or Android v2.78.0 or higher to submit new Staking Borrowing (Spot Rate) orders through the Binance App. Older versions of the application no longer support the submission of new Staking Borrowing (Spot Rate) orders. For more information, please refer to this announcement;
There may be discrepancies between the English original announcement and the translated version. If there are any discrepancies, please refer to the English original for the latest or most accurate information.
About Staking Borrowing (Spot Rate):
Staking Borrowing (Spot Rate) has no borrowing term limits, allowing for more flexible borrowing management. Users can borrow assets using collateral from Binance Earn's spot products while simultaneously enjoying real-time annualized returns. The borrowing rate is updated every minute, with a minimum borrowing amount equivalent to 1 USDC.
About Binance VIP Borrowing:
Binance VIP Borrowing provides over-collateralized lending services for individuals or institutions with more competitive rates, terms, and services. Binance VIP Borrowing can release greater potential for users, such as providing greater liquidity for long-term investment funds, leveraged trading, and hedging strategies.
Related Information:
Thank you for your support of Binance!
Binance Team
30 October 2024