Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Binance Launches Fixed-Rate Loans for Stablecoin Lending
ADOPTION NEWS

Binance Launches Fixed-Rate Loans for Stablecoin Lending

By Crypto FlexsSeptember 6, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Binance Launches Fixed-Rate Loans for Stablecoin Lending
Share
Facebook Twitter LinkedIn Pinterest Email

Timothy Morano
September 6, 2024 01:15

Binance Loans launches fixed-rate loans, giving users predictable interest rates on stablecoin loans and lending. Learn more about this new financial service.





Binance Loans has announced the launch of fixed-rate loans to provide users with more options for stablecoin lending and borrowing with predictable interest rates. According to Binance, the new service will offer fixed-term loans with a customizable annual percentage rate (APR) that remains fixed for the entire order period, ensuring a seamless and simple financing experience for both lenders and borrowers.

How Binance Fixed Rate Loans Work

Fixed rate lending services allow users to borrow or provide funds at a fixed interest rate. Here’s how it works:

To borrow a fixed rate loan

  1. Order now: (Order) – Click (I want to borrow) to set up your loan information or click (Loan) next to the desired order in the “Loan Market”.
  2. Setting up collateral: Select eligible assets as collateral from your Spot Wallet to meet the initial loan-to-value (LTV) requirement.
  3. Order Confirmation: Review and confirm your order details and terms and conditions, then click (Confirm).
  4. Orders matched: Once the order is matched, the amount borrowed minus the pre-calculated interest will be transferred to your Spot wallet.
  5. return: To avoid late fees, repay the loan in full before the due date.

Fixed rate loan supply

  1. Order now: (Order) – Click (I want to supply) to set up your supply information or click (Supply) next to the desired order in the supply market.
  2. Order Confirmation: Review and confirm your order details and terms and conditions, then click (Confirm).
  3. Orders matched: When your order is matched, the funds you provided will be transferred from your spot wallet and Binance will protect your principal for the duration of the order.
  4. return: When the loan period expires, the borrowed assets and interest will be deposited into your Spot wallet within 24 hours from the expiration date.

About Binance Fixed Rate Loans

Binance Fixed Rate Loans aims to create a stable and user-friendly financial environment by allowing users to customize their interest rates and provide predictable costs and returns, especially for stablecoins. The platform effectively meets the needs of both providers and borrowers. Fixed Rate Loans services are over-collateralized and support multi-asset collateral, reducing liquidation risk. They also feature an efficient automated process with auto-repayment and auto-renewal options. Managed by Binance, they ensure a smooth and simple experience for all users.

Additional information

For more information, please refer to the Fixed-Rate Lending FAQ, Flexible Lending FAQ, and VIP Lending FAQ provided on the Binance Support page. In addition, users are advised to read the Binance Fixed-Rate Lending Terms and Conditions before placing an order.

Notes for borrowers and suppliers

  • The borrower’s collateral assets are frozen in the Spot Wallet when the order is placed and automatically transferred when the order is matched. The loan interest is charged in advance and the borrower is responsible for monitoring and adjusting the LTV.
  • The supplier’s assets are frozen in the Spot Wallet at the time of ordering and are protected by Binance once the order is matched. No interest is accrued before the order is matched, and any accrued profit interest is distributed within 24 hours after the expiration date.

This new product from Binance Loans represents a significant step forward in providing more stable and predictable financial services to the cryptocurrency space.

Image source: Shutterstock


Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025

The best Solana depin project to form the future -Part 2

September 8, 2025
Add A Comment

Comments are closed.

Recent Posts

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025
Most Popular

Reddit’s stock soars after signing data-sharing deal with OpenAI

May 20, 2024

Libra Founder David Marcus Endorses Trump After ‘Gradual Political 180’

August 1, 2024

Encryption Inheritance Round Up: March 2025

April 11, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.