How Much Can You Borrow with a Binance Loan?

Binance offers crypto loans with flexible options, and here's what you need to know:

Minimum Loan Amount:

- The minimum loan amount on Binance varies depending on the cryptocurrency:

- $BNB (Binance Coin): 0.01 BNB (around $5 USD)

- $BTC (Bitcoin): 0.001 BTC (around $20 USD)

- $ETH (Ethereum): 0.01 ETH (around $20 USD)

Conditions:

- To get a loan on Binance, you’ll need:

- A verified Binance account

- Enough collateral (crypto) in your Binance wallet

- To meet the minimum loan amount and Loan-to-Value (LTV) ratio requirements

- To agree to the loan terms and conditions

Loan-to-Value (LTV) Ratio:

- The LTV ratio depends on the cryptocurrency:

- BNB: Up to 50% LTV (you can borrow up to 50% of your BNB collateral)

- BTC: Up to 30% LTV (you can borrow up to 30% of your BTC collateral)

Interest Rates:

- Interest rates also vary by cryptocurrency:

- BNB: 3.65% APY (annual percentage yield)

- BTC: 4.65% APY

Remember, these conditions and amounts can change based on market conditions and your specific situation. Always check the Binance website or app for the most current information.

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