Announcement
Home
Support Center
Announcement
Latest Binance News
Updates on New Binance Loans (Stable Rate) Applications

Updates on New Binance Loans (Stable Rate) Applications

2023-09-20 05:00

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

To upgrade the Binance Loans system and provide users with a better experience, Binance has temporarily paused applications for new Stable Rate loans across all tokens except BTC, ETH, USDC, USDT and TUSD until further notice. Separate announcements will be released when new Stable Rate loan applications for the impacted tokens are available. 

Note:

  • For existing Stable Rate loan positions, users may add or remove collateral and perform partial or full repayments. Please note that these positions can no longer be renewed, and will have to be fully repaid upon expiry. 

  • For more information, please refer to the Binance Loans (Stable Rate) FAQ and Terms and Conditions.

  • Users may continue to apply for new Flexible Rate loans. Refer to Loan Data for the latest interest rates and a complete list of loanable and collateral assets.

  • Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-09-20

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on 

Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.