Binance Margin Launches Promotion for Selected Cryptocurrencies: Enjoy as Low as 1% Interest Rates! | Binance Support

Binance 2023-06-08 02:20:00
Fellow Binancians,
To thank our users for their continuous support, Binance Margin is excited to launch a new promotion for selected cryptocurrencies at 2023-06-09 06:00 (UTC).
During the Promotion Period, all regular and VIP users will stand to enjoy fixed and discounted annual interest rates that are as low as 1% when borrowing any of these cryptocurrencies on Binance Margin, as shown in the table below. 
Please note that the fixed promotional interest rates will revert to dynamic interest rates after the end of the Promotion Period. For more information on the dynamic interest rate system at Binance Margin, please refer to the FAQ.
Promotion Period: 2023-06-09 06:00 (UTC) to 2023-06-23 06:00 (UTC)
Borrowing Interest Rates for Selected Cryptocurrencies on Binance Margin:
 
           Selected Cryptocurrencies
 
           Standard Annual Interest Rate*
 
           Promotional Annual Interest Rate 
 
           BTC
 
           1.91%
 
           1% 
 
           ETH
 
           2.27%
 
           1%
 
           AGIX
 
           7.28%
 
           1%
 
           FET
 
           7.28%
 
           1%
 
           LINK
 
           6.89%
 
           1%
 
           ARB
 
           5%
 
           1%
 
           SAND
 
           7.82%
 
           1%
 
           SOL
 
           6.63%
 
           1%
 
           LTC
 
           6.89%
 
           1.5%
 
           MATIC
 
           6.04%
 
           2%
 
           FIL
 
           10.95%
 
           2.5%
 
           NEO
 
           13.69%
 
           2.5%
 
           XRP
 
           10.50%
 
           2.5%
 
* Note: The Standard Annual Interest Rate for the above cryptocurrencies are derived at 2023-06-07 by taking the daily average of the corresponding annual interest rates in the last 30 days at this page. For more information, please refer to Margin Interest History.
Guides & Related Information:
Margin Trading Overview
How to Use Short on Margin Trading
How to Use Long on Margin Trading
Binance Margin’s Dynamic Interest Rate System
Terms & Conditions:
Please refer to Margin Data for a list of the most updated marginable assets and further information on specific limits, collateral ratio and rates.
Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Additional promotion terms and conditions can be accessed here.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thanks for your support!
Binance Team
2023-06-08
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 cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses that might arise from your use of Margin. Margin trading carries substantial risk and amplifies both losses and profits. Past performance is not a reliable predictor of future performance. All of your margin balance may be liquidated in the event of adverse price movement. This information should not be regarded as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.