I want to borrow
Initial LTVNaN%Margin CallNaN%Liquidation LTVNaN%
(No interest penalty for early repayment)
Annual Interest Rate-
Daily Interest Rate-
Total Interest Amount-
Why borrow with Binance?
Variety of Crypto
We have a huge variety of crypto available to borrow and use as collateral for a loan.
We control risk through different collateral rates in different currencies to make it easy to use.
We make sure that the crypto you borrow can be withdrawn immediately no matter where you are.
How to start?
Borrower creates a loan request.
Transfer borrower’s Collateral Assets to our platform.
Borrower gets a loan from Binance.
Once loan and interest are repaid, crypto assets will be returned to the borrower.
Q1. What qualification does the user have to meet to borrow on Binance Loan?
A1. As long as you are a registered user of Binance, you can borrow on Binance Loan.
Q2. What crypto can users borrow on Binance Loan?
A2. Binance Loan supports the borrowing of several cryptos, including BUSD and USDT. You can check out the Borrow page on Binance Loan for more information.
Q3. What crypto can users use as collaterals?
A3. Binance Loan supports the use of several cryptos as collateral, including BTC and ETH. You can check out the Borrow page on Binance Loan for more information.
Q4. How long are the loan terms for Binance Loan?
A4. Loan terms of 7, 14, 30, and 90 days are available. You can always repay in advance and the interest is calculated based on the days borrowed.
Q5. How is the interest calculated?
A5. Interest is calculated daily, and less than one day is calculated as one day. The interest rate is determined by the date you make the loan.
Q6. How do I repay the interest and principal?
A6. You have to repay them manually on the Order page. The interest has to be repaid before the principal.
Q7. Can I make a full repayment before the due date?
A7. You can always repay in advance, and the interest is calculated based on the days borrowed.
Q8. What is LTV?
A8. LTV is the value of your loan to the value of your collateral. The price used here is Index Price. Different collateral coins have different initial LTVs, which means when you use different coins as collateral of the same value, the loan you make is of a different value too.
Q9. What happens when my LTV is too high?
A9. If your LTV is higher than margin call LTV, we will inform you to add more collateral or to repay your loan. If your LTV is higher than liquidation LTV, we will liquidate your collateral to repay your loan.
Q10. How can I adjust my collateral?
A10. You can adjust your collateral on the Order page. You can always add more collateral and when your LTV is lower than initial LTV, you can remove some of your collateral too.
Q11. What happens if my loan repayment is overdue？
A 11. We give an overdue duration of 3 days (for loan term 7 days and 14 days) or 7 days (for loan term 30 days and 90 days), during which you will be charged 3 times the daily interest. If you do not repay after overdue duration, we will liquidate your collateral to repay your loan.
Q12. Can I use the crypto I borrow to trade in Margin and Futures? Can I withdraw them?
A12.Yes, you can trade on Binance using the loan you make as long as you meet the qualification for using the services. Yes, you can withdraw them as well.