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Binance Margin Launches Interest Rate Reduction Promotion For BTC, ETH, BUSD & USDT
Promotion Period: From 2022-03-21 11:00 AM (UTC) until further notice
Binance Margin has launched a promotion to reduce interest rates for BTC, ETH, BUSD and USDT on the platform. During the promotion period, users may enjoy discounted annual interest rates that are as low as 0.8% with the mentioned assets.
New Tiered Interest Rates for BTC, ETH, BUSD and USDT on Margin:
BTC & ETH | BUSD & USDT | |||
VIP Level | Previous Int. Rate (Annual) | New Tiered Int. Rate (Annual) | Previous Int. Rate (Annual) | New Tiered Int. Rate (Annual) |
Regular | 7.3000% | 3.65% | 14.6000% | 7.30% |
VIP 1 | 6.9350% | 3.47% | 13.8700% | 6.94% |
VIP 2 | 3.6500% | 2.01% | 7.3000% | 4.02% |
VIP 3 | 3.4675% | 1.46% | 6.9350% | 2.92% |
VIP 4 | 3.4675% | 1.46% | 6.9350% | 2.92% |
VIP 5 | 3.4675% | 1.10% | 6.9350% | 2.19% |
VIP 6 | 3.2850% | 1.10% | 6.5700% | 2.19% |
VIP 7 | 3.2850% | 0.99% | 6.5700% | 1.46% |
VIP 8 | 3.1025% | 0.80% | 6.2050% | 1.10% |
VIP 9 | 3.1025% | 0.80% | 6.2050% | 1.10% |
Note:
Interest rates may differ depending on the VIP level of users, margin pairs and other factors. Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits and rates.
Risk Warning: Margin trading carries a substantial risk and the possibility of both significant profits and losses. Past gains are not indicative of future returns. All of your margin balance may be liquidated in the event of extreme price movement. The information here should not be regarded as financial or investment advice from Binance. All trading strategies are used at your discretion and your own risk. Binance will not be liable to you for any loss that might arise from your use of Margin.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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