This is a general announcement and the products and services mentioned here may not be available in your area.
Dear user:
Binance VIPs and institutions will upgrade their VIP currency borrowing services. This upgrade is designed to provide users with high-quality services and a more convenient product experience.
Through this VIP loan upgrade, all users will enjoy:
Lower lending threshold: The minimum lending threshold for VIP currency borrowing will be reduced from 500,000 USDT equivalent to 50,000 USDT equivalent. To experience this feature, please visit Binance’s dedicated account manager via Telegram (@vip_loan_binance) or email (vip_loan@binance.com).
Fast loan approval: Users can now conveniently complete 30-day or 60-day VIP loan services in just about 10 minutes.
Event: Participate in the latest VIP loan event and have a chance to get Binance exclusive peripherals
Event time: 17:00 on July 27, 2023 to 17:00 on August 13, 2023 (GMT+8)
To celebrate the latest upgrade to VIP Loans, Binance VIP and Institutional users will be offering rewards to all VIP users who confirm their participation and meet the 72% collateralization ratio (LTV) for VIP Loans.
During the event, the first five new users who complete their first VIP loan order will each be eligible to receive a Binance Skateboard on a first-come, first-served basis.
In addition, the top five VIP 7-9 users with the highest net borrowing amount (net borrowing amount = total borrowing amount - total repayment amount) during the event will each receive a limited edition Binance Montblanc fountain pen.
Note: Each user can only receive one peripheral reward at most. Please select the reward you wish to receive when submitting the form to confirm your participation.
Join the event now!
Guidelines and related materials:
About Binance VIP Borrowing and FAQs
terms and Conditions:
All users who participate in the event must complete identity authentication. The event is available to VIP users. Click [Participate Now] on this form to be eligible for rewards.
When confirming participation through the form, users need to select the rewards they wish to receive. Binance Skateboard and Binance Montblanc Pen rewards cannot be selected at the same time;
Binance VIP and institutions will contact all eligible winners via the email address associated with their BUID to arrange for the delivery of Binance exclusive peripheral rewards within two weeks after the end of the event;
If the winner does not respond within 48 hours after receiving the prize notification, it will be deemed to have forfeited the prize. The winner should provide a valid shipping address and be responsible for paying any taxes (if applicable);
Binance VIP and Institutional reserve the right to disqualify any participant whom they reasonably believe to have engaged in fraudulent behavior or failed to comply with any applicable terms and conditions;
Binance VIP and Institutions reserve the right to modify or change the terms and conditions at any time at their sole discretion and/or without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners and the timing of taking any action, and all participants shall be bound by such modifications;
View other campaign terms and conditions here;
In the event of any inconsistency between the translated terms and conditions of this promotion and the original English version, the English version shall prevail.
Thank you for your support!
Binance Team
July 27, 2023
Note: This announcement was updated on July 31, 2023 to clarify the method of opening a lower borrowing threshold.