This is a general announcement and the products and services mentioned here may not be available in your area.
Dear User:
In order to upgrade the Binance lending system and improve user experience, Binance lending has suspended new fixed-rate lending applications for all tokens other than BTC, ETH, USDC, USDT, and TUSD until further notice. When there are new updates to fixed-rate lending applications for affected tokens, a separate announcement will be made.
Notice:
For existing fixed-rate loan positions, users can add or remove collateral and perform partial or full repayments. However, these positions cannot be renewed and must be repaid in full upon maturity.
For more information, please refer to the Binance Debit Loan FAQ and Terms and Conditions.
Users will continue to be able to apply for new current loan orders, please refer to the loan data for the latest interest rates and a complete list of borrowable and pledgeable assets.
In the event of any discrepancy between the translation of this announcement and the English original, the English version shall prevail.
Thank you for your support!
Binance Team
September 20, 2023