Binance has added BETH and POLYX as new collateral assets on the Binance Loans platform.
Please note: As ETH 2.0 Staking rewards are based on the BETH holdings in users’ Spot wallets, users will not receive any staking rewards for BETH that is used as collateral on Binance Loans. For more information regarding ETH 2.0 Staking, please refer to the FAQ.
Binance Loans provides a large range of options for supported crypto assets, interest rates, collateral assets, and maximum loanable limits based on market conditions and internal risk management. Visit the Loan Data page for further details.
If you are not yet familiar with Binance Loans, here are some useful resources for you to get started:
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Note: This announcement was last updated on 2022-10-21 to clarify that users will not receive any staking rewards for BETH that is used as collateral on Binance Loans, since ETH 2.0 Staking rewards are based on the BETH holdings in users’ Spot wallets.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.