🚨 Binance launches Lite Loan: BTC-collateral loans—will it avoid liquidation within 30 days?
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🔸 On August 4, Binance launched Lite Loan: use Bitcoin as collateral to borrow up to 1000 USDT
🔸 Fixed 30-day term; no price-triggered liquidation during the period—no need to watch the market all day, no fear of liquidation
🔸 Service fee is only 0.5%, valid until before September 3; after that it returns to 1%
✅ Borrowed funds are credited instantly; usable both within and outside the platform—maximum flexibility
✅ The pledged Bitcoin goes into Simple Earn, still earns interest during the loan period—one fish, two bites
✅ If you don’t repay on time: annual penalty interest of 36%, and liquidation will also be triggered—remember to repay before the due date
To put it simply, the small-lending market has never really been taken seriously. Binance has stepped in this time.
For retail users: you don’t want to sell your coins, but you need money urgently—this is definitely a decent option.
Do you think you’d use a 30-day loan with no liquidation? Leave a comment in the section below👇
#币安 #比特币 #借贷 #加密金融 #Binance
Click below to follow me👇🏻 and learn the latest news
点击进入玖玖的粉丝群
🔸 On August 4, Binance launched Lite Loan: use Bitcoin as collateral to borrow up to 1000 USDT
🔸 Fixed 30-day term; no price-triggered liquidation during the period—no need to watch the market all day, no fear of liquidation
🔸 Service fee is only 0.5%, valid until before September 3; after that it returns to 1%
✅ Borrowed funds are credited instantly; usable both within and outside the platform—maximum flexibility
✅ The pledged Bitcoin goes into Simple Earn, still earns interest during the loan period—one fish, two bites
✅ If you don’t repay on time: annual penalty interest of 36%, and liquidation will also be triggered—remember to repay before the due date
To put it simply, the small-lending market has never really been taken seriously. Binance has stepped in this time.
For retail users: you don’t want to sell your coins, but you need money urgently—this is definitely a decent option.
Do you think you’d use a 30-day loan with no liquidation? Leave a comment in the section below👇
#币安 #比特币 #借贷 #加密金融 #Binance