New Loanable Assets Available on Binance Loans (Flexible Rate) and VIP Loan - 2024-07-24

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 in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may 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. 

For More Information: 

• What Is Binance Loans (Flexible Rate) and Frequently Asked Questions

• What Is Binance VIP Loan and Frequently Asked Questions

• Binance Loans Service Terms

Thank you for your support!

Binance Team

2024-07-24