This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
Binance VIP Loan Platform adds new borrowable assets: FXS, MKR, QNT, STG, MDT, OCEAN, HBAR, RIF, CELR, and new collateral assets: SUI, FLOW, LDO, OCEAN, CTSI, SNX, UNFI, STG, VET, INJ, JOE. Please refer to the VIP Loan page for the latest interest rates and a list of all borrowable and collateralizable assets. Users can also contact Binance’s dedicated account manager via email (vip_loan@binance.com) or Telegram (@vip_loan_binance) to start using the collateral option.
About Binance VIP Borrowing:
Binance VIP Loan provides individuals or institutions with over-collateralized lending services with more competitive interest rates, terms and services. Binance VIP Loan can unlock greater potential for users, such as providing greater liquidity for long-term investment funds, leveraged trading and hedging strategies.
About VIP loan pledge rate:
All collateral assets for Binance VIP Loans are subject to collateralization ratios. Generally speaking, tokens with lower liquidity are subject to lower collateralization ratios and receive larger discounts. Different collateralization ratios may also apply to the same token, depending on the collateral amount.
Notice:
Users can read the FAQ to learn more about VIP loans and VIP loan collateralization rates. If you have more questions, users can also contact Binance’s dedicated account manager via email (vip_loan@binance.com) or Telegram (@vip_loan_binance).
In the event of any discrepancy between the translated version and the original English version, the English version shall prevail.
Thank you for your support!
Binance Team
May 19, 2023
