Binance Loans Launches Interest Rate Reduction Promotion and NFT Mystery Boxes Reward Program

Fellow Binancians,

Binance Loans has launched a promotion to reduce interest rates on the platform, and partnered with Binance NFT to launch the NFT Mystery Boxes Reward Program. Both new and existing users are eligible to participate in these activities.

Interest Rate Reduction

Promotion Period: From now till further notice

Users may enjoy hourly interest rates that are as low as 0.000573% when borrowing assets with any collateral on Binance Loans.

Binance Loans has also previously launched Tiered Interest Rates for users of different VIP levels. For further details such as the interest rates of the corresponding VIP levels, as well as that of borrowable and collateral assets, please refer to the Loan Data Page.

NFT Mystery Boxes Reward Program

Promotion Period: 2022-03-15 00:00 AM to 2022-03-21 11:59 PM (UTC)

During the promotion period, all users whose average daily liability is at least 200,000 BUSD or equivalent on Binance Loans for at least 7 days will receive an NFT Mystery Box.
In addition, 50 first-time users of Binance Loans who make their first loan order on the platform during the promotion period, will be selected based on the Award Selection Rules Based on Binance Chain Hash Value, to each receive an additional NFT Mystery Box.

Learn More About Binance Loans:

What Is Binance Loans and Frequently Asked Questions
Binance Loans User Manual
Binance Loans User Agreement

Terms and Conditions

The NFT Mystery Boxes will be distributed within 2 weeks after the promotion ends. Users can find their Mystery Boxes via Binance NFT Marketplace > User Center > Mystery Box.
Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
Where any discrepancy arises between the translated versions and original English version, the English version shall prevail.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2022-03-14

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

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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.

Read the original article at binance

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