📩 Binance NFT — Launch of Binance NFT Loan, lending with NFT
Binance NFT Loan is a new Binance NFT service that allows NFT holders to use them as collateral to obtain a loan in Ethereum $ETH. This service provides NFT holders with instant access to liquidity without selling their NFTs.
Software options include NFT from popular collections: Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Azuki and Doodles.
The first users of the new feature can get a 70% discount on loan interest rates.