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Hello dear Binance members,

Binance lists including IOTA, RNDR, SSV, ADX, BETA, BNT, DEXE, EGLD, ELF, FIS, IOST, JOE, LIT, LSK, POWR, PUNDIX, QKC, QTUM, RLC, SC and TKO UNFI, VIB, WAN, XVS are brand new available for purchase on VIP loans, IOTA, RNDR, SSV, ADX, BETA, BNT, DEXE, ELF, FIS, IOST, JOE, LIT, LSK, POWR, PUNDIX, QKC and QTUM RLC, SC, TKO, UNFI, VIB, WAN and XVS are originally eligible for borrowing. Please visit the VIP loan and loan statements to know the latest benefit rates and a complete list of the loan principles and security principles.

What is Binance VIP Loan?

Binance VIP Loan is a servicer of large personal loans and over-collateralized institutional loans with competitive rates, terms and services. Users can use Binance VIP Loan to enjoy greater capabilities in objectives, such as greater liquidity for long-term investment funds, leveraged trading, and hedging strategies.

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What is Binance Flexible Loan?

Binance Flexible Loan is a segregated, over-collateralised, open-tenor loan product.

Each loan transaction must be over-collateralized, meaning that the value of the collateral pledged by the user must be greater than the value of the digital assets provided to the user.

Since Binance Flexible Loans are open-term loans, users can keep their trades open indefinitely as long as the product supports the lent digital assets and collateral assets, and does not exceed the relevant loan-to-value (LTV) ratio levels.

Binance Flexible Loans uses the assets of users of Simple Earn Flexible products as collateral. These assets will continue to earn real-time APR rewards while being used as collateral, allowing for smoother LTV ratio management and reduced interest costs.

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comments:

  • Visit the Binance VIP Loan, Flexi Loan or Simple Earn Flexi Product FAQs to learn more. Users interested in the VIP Loan can also contact the main Binance VIP account coverage team via email (vip_loan@binance.com) or Telegram (@vip_loan_binance) for more information.

  • Terms and conditions apply to Binance Flexible Loans and Simple Earn.

  • In the event of a conflict between the translated versions and the original English version, the English version shall prevail.

thanks for your support!

Binance Team

2023-05-03

Trade on the go with the Binance Cryptocurrency Mobile App (iOS/Android)

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Binance reserves the right to modify, change or cancel this announcement at its discretion at any time and for any reason without prior notice.

Risk Warning: Digital asset prices involve high market risk and price volatility. The value of your investment may decrease or rise, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance will not be liable for any losses you may incur. Also, past performance cannot be relied upon as a reliable indicator of future performance. You should invest in products that you are familiar with and understand the risks associated with them. You should also take into consideration your investment experience, financial situation, investment objectives, and risk tolerance level, and seek advice from your independent financial advisor before making any investments. This information should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.