New Loanable Assets & Collateral Assets Available on Flexible Loan & VIP Loan (2023-06-08)
This is a general announcement. Products and services referred to here may not be available in your region.
Binance has added the following loanable assets and collateral assets on Flexible Loan and VIP Loan:
What Is Binance Flexible Loan?
Binance Flexible Loan is an isolated, overcollateralized, and open-term loan service which allows users to complete loan orders while collateralizing cryptocurrencies in existing Simple Earn Flexible Product subscriptions. Through Flexible Loan, users may enjoy greater flexibility without committing to a specific loan term when borrowing cryptocurrencies, and earn Real-Time APR rewards via Simple Earn Flexible Products at the same time.
What Is Binance VIP Loan?
Binance VIP Loan is a large personal and institutional over-collateralized loan service with competitive rates, terms, and services. Users may use Binance VIP Loan to unlock greater potential in objectives, such as greater liquidity for long-term investment funds, leveraged trading, and hedging strategies.
Visit the Binance VIP Loan, Flexible Loan or Simple Earn Flexible Products FAQs to learn more. Users who are interested in VIP Loan may also get in touch with the Binance VIP Key Account Coverage team via Telegram (@vip_loan_binance) or email (email@example.com) for more information.
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.