CandleFocus

Binance Launches Fixed Rate Loans for Stablecoin Lending and Borrowing

Author: Content Editor
Binance, the leading crypto exchange, has launched Fixed Rate Loans, a service that allows users to borrow and lend stablecoins with fixed interest rates. This service is designed to meet the demand for predictable and stable finances in today's markets. The loans offer borrowers the option to fix the interest rate for the entire term, providing them with assurance of the repayment amount. The exchange applies the over-collateralization principle to ensure safety and avoid liquidations. The website accommodates diverse loan collateral, making it easier for users to expand their portfolio. Borrowers have adjustable loan terms and can choose the amount, period, and interest rate. The minimum loan amount is $50,000. The service includes practical tools to ensure a fast and efficient process, such as auto-repay and auto-renew options. The new products also include Flexible Loans and VIP Loans, providing users with predictable and guaranteed economic means. Binance aims to provide a secure and structured solution for users seeking financial certainty in a volatile market.

Related News