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CDS Airdrop & Listing Binance VIP and Flexible Loan Add ACH, GHST, and SNT as New Loanable Assets – 2023.04.06

Airdrop & Listing

Binance VIP and Flexible Loan Add ACH, GHST, and SNT as New Loanable Assets – 2023.04.06

lectertodd07/04/20231 Mins read514

Binance Vip And Flexible Loan Add Ach, Ghst, And Snt As New Loanable Assets

The following information was taken from www.binance.com

Table of Contents

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

Fellow Binancians,

Binance VIP and Flexible Loan have added ACH, GHST, and SNT as new loanable assets. Please refer to VIP Loan and Loan Data for the latest interest rates and a full list of loanable and collateral assets.

Binance VIP and Flexible Loan Add ACH, GHST, and SNT as New Loanable Assets – 2023.04.06

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.

[Get Started with Binance VIP Loan Today]

What Is Binance Flexible Loan?

Binance Flexible Loan is an isolated, overcollateralized, open-term loan product.

Each loan position must be overcollateralized, meaning the value of collateral pledged by the user is more than the value of the digital assets advanced to the user.

Since Binance Flexible Loans are open-term, users may keep their positions open indefinitely as long as this product supports the loaned and collateral digital assets, and the relevant Loan-to-Value (LTV) ratios are not exceeded.

Binance Flexible Loan uses users’ Simple Earn Flexible Product assets as collateral. These assets continue to earn Real-Time APR rewards while being collateralized. This allows for smoother LTV management and reduces interest costs.

[Get Started with Binance Flexible Loan today]

Notes

Visit the Binance VIP Loan, Flexible Loan or Simple Earn Flexible Product 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 email (vip_loan@binance.com) or Telegram (@vip_loan_binance) for more information.
Terms and conditions for Binance Flexible Loan and Simple Earn apply.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-04-06

References

www.binance.com

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lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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