Binance Lending (Variable Rate) and Binance VIP Lending introduce new loanable assets, giving users more options for cryptocurrency collateral and earning rewards. Latest additions include Aevo, BakeryToken, Beam, Ethena, and more. The announcement also highlights the features and benefits of Binance Lending (Variable Rate) and encourages users to explore this open lending product.
Binance, one of the leading cryptocurrency exchanges, announced the addition of new loanable assets to Binance Lending (Variable Rate) and Binance VIP Lending. This update provides users with a variety of options to pledge their cryptocurrencies as collateral and access loans instantly.
New loanable assets added to Binance Lending (Variable Rate) include Aevo (AEVO), BakeryToken (BAKE), Beam (BEAMX), Ethena (ENA), Ether.fi (ETHFI), Hedera (HBAR), and IOTA (IOTA). )There is. . Jupiter (JUP), Chain (KDA), ORDI (ORDI), Pepe (PEPE), Pyth Network (PYTH), Synthetix (SNX), Celestia (TIA), VeChain (VET), Dogwifhat (WIF), Xai (XAI) ) and eCash (XEC).
Additionally, Binance VIP Lending has added Saga (SAGA) and Tensor (TNSR) as new loanable assets available only to VIP users.
To ensure transparency and accurate information, users can check the latest interest rates and a complete list of collateral assets available for lending in Binance’s Lending Data section.
To take advantage of these new loanable assets, users are encouraged to upgrade their Binance app to iOS v2.78.0 or Android v2.78.0 or higher. Older app versions no longer support new Binance Lending (Flexible Rate) orders. For more information, please refer to the official announcement from Binance Support Center.
Binance Lending (Flexible Rate) is an open lending product that allows users to borrow cryptocurrencies collateralized by assets in their existing Simple Earn flexible product subscriptions. This feature provides users with greater flexibility as they do not have to commit to a specific loan term. Users can also earn real-time APR rewards through the Simple Earn flexible product when borrowing Binance Loans (flexible interest rates). Loan interest rates are refreshed every minute, and users can place loan orders for as little as 1 USDT worth.
Binance VIP Lending, on the other hand, provides VIP users with exclusive loanable assets, giving them additional options and benefits.
It is important to note that the availability of products and services may vary depending on your location.
Binance continues to expand its products to meet the diverse needs of its users. By introducing new loanable assets to Binance Lending (Variable Rate) and Binance VIP Lending, the exchange aims to provide users with a seamless and convenient lending experience.
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