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Binance Announces Promotion for Fixed Rate Loans with Prizes Up to 799 USDC
The post Binance Announces Promotion for Fixed Rate Loans with Prizes Up to 799 USDC appeared on BitcoinEthereumNews.com. Ted Hisokawa Sep 19, 2024 05:38 Binance launches a new promotion for its Fixed Rate Loans, offering users the chance to win up to 799 USDC. The campaign runs from September 19 to October 11, 2024. Binance has launched a new promotion to celebrate the introduction of its Fixed Rate Loans, according to an official announcement. The promotion provides borrowers and suppliers with enhanced liquidity options and the opportunity to win up to 799 USDC in token vouchers. Promotion Period: 2024-09-19 05:00 (UTC) to 2024-10-11 23:59 (UTC). Promotion Details During the promotion period, users who borrow at least a total of $200,000 equivalent on Fixed Rate Loans will be ranked by their total borrow amount in USD Equivalent. The top ten eligible participants will each receive 799 USDC token vouchers. Eligible borrow orders include borrowing from existing supply orders or placing a borrow order that gets matched. Similarly, users who complete at least one supply order on Fixed Rate Loans will be ranked by their total supply amount in USD Equivalent. The top 30 eligible participants will each receive 100 USDC token vouchers. Eligible supply orders include supplying to existing borrow orders or placing a new supply order that gets matched. How Binance Fixed Rate Loans Work To Borrow on Fixed Rate Loans: Place an Order: Click [Place an order] – [I want to Borrow] to set up borrow information or click [Borrow] next to a preferred order under “Borrow Market”. Set up Collateral: Select eligible assets from the Spot Wallet as collateral to meet the Initial LTV (Loan-to-Value) requirement. Confirm Order: Review and confirm the order details and the Terms & Conditions, then click [Confirm]. Order Matched: Once the order is matched, the borrowed funds minus the pre-calculated interests will be transferred to the Spot Wallet. Check the order…
The post Binance Announces Promotion for Fixed Rate Loans with Prizes Up to 799 USDC appeared on BitcoinEthereumNews.com.
Ted Hisokawa Sep 19, 2024 05:38 Binance launches a new promotion for its Fixed Rate Loans, offering users the chance to win up to 799 USDC. The campaign runs from September 19 to October 11, 2024. Binance has launched a new promotion to celebrate the introduction of its Fixed Rate Loans, according to an official announcement. The promotion provides borrowers and suppliers with enhanced liquidity options and the opportunity to win up to 799 USDC in token vouchers. Promotion Period: 2024-09-19 05:00 (UTC) to 2024-10-11 23:59 (UTC). Promotion Details During the promotion period, users who borrow at least a total of $200,000 equivalent on Fixed Rate Loans will be ranked by their total borrow amount in USD Equivalent. The top ten eligible participants will each receive 799 USDC token vouchers. Eligible borrow orders include borrowing from existing supply orders or placing a borrow order that gets matched. Similarly, users who complete at least one supply order on Fixed Rate Loans will be ranked by their total supply amount in USD Equivalent. The top 30 eligible participants will each receive 100 USDC token vouchers. Eligible supply orders include supplying to existing borrow orders or placing a new supply order that gets matched. How Binance Fixed Rate Loans Work To Borrow on Fixed Rate Loans: Place an Order: Click [Place an order] – [I want to Borrow] to set up borrow information or click [Borrow] next to a preferred order under “Borrow Market”. Set up Collateral: Select eligible assets from the Spot Wallet as collateral to meet the Initial LTV (Loan-to-Value) requirement. Confirm Order: Review and confirm the order details and the Terms & Conditions, then click [Confirm]. Order Matched: Once the order is matched, the borrowed funds minus the pre-calculated interests will be transferred to the Spot Wallet. Check the order…
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