Binance VIP Promotions Offer Exciting Deals for Loan Users
Recently, Binance, a well-known cryptocurrency trading site, launched two exciting incentives for both regular consumers and VIP Loan users. Participants in these activities will get special rewards and incentives. Users of VIP Loans will get a treat during the Promotion Period. They will be able to take advantage of lowered interest rates on ETH loans, but they must fulfil specific requirements outlined in Promotion A. By lowering the cost and increasing accessibility of borrowing, Binance hopes to reward its prestigious VIP Loan consumers.
#Binance VIP Loan launches a new offer where users can borrow ETH at a discount while enjoying Staking rewards when using BETH collaterals!
Learn more ➡️ https://t.co/RtdQoiDfZc pic.twitter.com/VPFc1goywr
— Binance VIP & Institutional (@BinanceVIP) May 22, 2023
Binance Unveils Exciting Promotion for All Users
Binance is providing a thrilling chance for all of its users with promotion B in addition to the VIP Loan promotion. This campaign, which offers the chance to win wonderful prizes, is open to participants from throughout the platform. Users might potentially earn a Binance Skateboard or a 100 USDT Token Voucher, which would heighten the pleasure of their Binance experience.
The qualifying VIP 1–7 users of Binance may benefit from lower ETH lending rates during the specified Promotion Period. When these individuals use Binance ETH (BETH) as security for their VIP Loan, the discount is valid.
Following this promotion, customers who are VIP levels 1 through 7 will receive lower ETH lending rates similar to those who are two VIP levels higher. As a result, qualified consumers will enjoy lower interest rates, which will increase the accessibility and allure of borrowing.
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Binance wants to provide its VIP 1-7 users with increased borrowing power and financial freedom by making this exclusive deal available to them. This effort exemplifies its dedication to rewarding its esteemed clients and assuring their platform pleasure.
VIPs Eligible for Exclusive Programme with Loan-to-Value (LTV) Requirements
All Binance VIPs that fulfil the required Loan-to-Value (LTV) ratio requirements are eligible for this program. Users of VIP Loans must meet the 72% LTV ratios specified on the “Institutional level capital effectiveness” part of the VIP Loan website to be eligible. VIPs must meet two requirements to take part in this program. They must first make sure that their loan amount equals at least 0.5 million USDT equivalent to ETH.
