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Binance Margin Launches BUSD Promotion - Enjoy As Low As 6.20% APY!

Binance
2021-08-20 09:00
Fellow Binancians,
To thank our users for the support of the Binance Margin trading platform, Binance will launch a BUSD promotion at 2021-08-20 12:00 PM (UTC).
BUSD Promotion
  • Users can enjoy a promotional daily interest rate and as low as 6.20% annual rate when borrowing BUSD on the Binance Margin platform.
Details are as below:
VIP levelBUSD Promotional Daily RatesBUSD Promotional Annual Rates
VIP 00.040%14.60%
VIP 10.038%13.87%
VIP 20.020%7.30%
VIP 30.019%6.93%
VIP 40.019%6.93%
VIP 50.019%6.93%
VIP 60.018%6.57%
VIP 70.018%6.57%
VIP 80.017%6.20%
VIP 90.017%6.20%
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
2021-08-20
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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.
Note: This announcement was updated on 2021-08-23.
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