Updates on New Binance Loans (Stable Rate) Applications

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

Fellow Binancians,

To upgrade the Binance Loans system and provide users with a better experience, Binance has temporarily paused applications for new Stable Rate loans across all tokens except BTC, ETH, USDC, USDT and TUSD until further notice. Separate announcements will be released when new Stable Rate loan applications for the impacted tokens are available. 

Note:

• For existing Stable Rate loan positions, users may add or remove collateral and perform partial or full repayments. Please note that these positions can no longer be renewed, and will have to be fully repaid upon expiry. 

• For more information, please refer to the Binance Loans (Stable Rate) FAQ and Terms and Conditions.

• Users may continue to apply for new Flexible Rate loans. Refer to Loan Data for the latest interest rates and a complete list of loanable and collateral assets.

• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2023-09-20