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Binance Margin Launches USDT Promotion - Enjoy As Low As 9.30% APR!

Binance
2021-10-14 09:48
Fellow Binancians,
To thank our users for the support of the Binance Margin trading platform, Binance will launch a USDT promotion at 2021-10-14 12:00 PM (UTC).
Users can enjoy a promotional daily interest rate, and an annual rate that starts at 9.30% when borrowing USDT on the Binance Margin platform.
Details are as below:
VIP Level
USDT Promotional Daily Rates
USDT Promotional Annual Rates
VIP 0
0.0600%
21.90%
VIP 1
0.0570%
20.80%
VIP 2
0.0300%
10.95%
VIP 3
0.0285%
10.40%
VIP 4
0.0285%
10.40%
VIP 5
0.0290%
10.40%
VIP 6
0.0270%
9.85%
VIP 7
0.0270%
9.85%
VIP 8
0.0255%
9.30%
VIP 9
0.0255%
9.30%
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.
Further information:
Risk Warning: Margin trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Margin.

Thanks for your support!
Binance Team
2021-10-14
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Note: This announcement was updated on 2021-10-15 to reflect changes on APR.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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