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Binance Loans Will Support BETH as Collateral on Crypto Loans & VIP Loan With ETH 2.0 Staking Rewards

Binance Loans Will Support BETH as Collateral on Crypto Loans & VIP Loan With ETH 2.0 Staking Rewards

2023-03-22 02:00
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Following feedback from the community, Binance Loans is pleased to announce that users will receive ETH 2.0 Staking rewards for BETH that is used as collateral on Crypto Loans and VIP Loan. Please note that ETH 2.0 Staking rewards will be distributed in the form of BETH to users' Spot wallets daily.
Binance Loans provides a large range of options for supported crypto assets, interest rates, collateral assets, and maximum loanable limits based on market conditions and internal risk management. Visit the Crypto Loans’ Loan Data page and the VIP Loan page for further details.
Notes:
  • Please refer to the Crypto Loans Service Terms prior to using any products on Binance Loans. More information on Crypto Loans can be found in the FAQ.
  • Users may reach out to their key account coverage teams via Telegram, or contact us at vip_loan@binance.com for any questions on VIP Loan. Please put “UID______ VIP Loan Inquiry” in the email subject line for any queries, where applicable.
  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Guides and Related Materials:
Thanks for your support!
Binance Team
2023-03-22
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Binance will return digital assets to users’ spot account after the agreed period ends or upon early redemption. Binance does not guarantee that you will receive any specific reward, or any return over time. Not financial advice. For more information, see our Terms of Use and Risk Warning.