Binance Upgrades VIP Loan: Join the Latest VIP Loan Giveaway to Get Exclusive Binance Merchandise! | Binance Support

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

Fellow Binancians,

Binance VIP and Institutional is delighted to announce the latest upgrades to VIP Loan, which increase accessibility to the platform and establish a more seamless user experience for all who wish to unlock more value from their digital assets. 

With the recent upgrades to VIP Loan, all users will stand to enjoy:

• Lower entry barrier: The minimum order size on VIP Loan has been reduced from 500,000 USDT equivalent to 50,000 USDT equivalent.

• Rapid VIP Loan execution: Users can now seamlessly complete 30-day or 60-day VIP Loans in approximately ten minutes only.

Promotion: Join the Latest VIP Loan Giveaway by Completing VIP Loans to Receive Exclusive Binance Merchandise!

Promotion Period: 2023-07-27 09:00 (UTC) to 2023-08-13 09:00 (UTC)

To mark the latest upgrades on the VIP Loan platform, Binance VIP and Institutional is excited to announce a new giveaway for all Binance VIPs who confirm their participation and complete VIP Loans that satisfy a 72% Loan-to-Value (LTV) ratio.

• Five new VIP Loan users who complete their first VIP Loan order during the Promotion Period, will qualify to each receive a Binance Skateboard on a first-come, first-served basis.

• In addition, the top five VIP 7-9 users with the highest net borrowing volumes (i.e., Net Borrowing Volume = Total Volume Borrowed - Total Volume Repaid) on VIP Loan during the Promotion Period, will each receive a limited-edition Binance Montblanc Fountain Pen.

Note: Users may qualify to each receive a maximum of one reward only. Please choose the reward you wish to qualify for when confirming your participation via the form.

Guides & Related Materials:

• What Is Binance VIP Loan and Frequently Asked Questions

Terms & Conditions:

• Only Binance VIPs who complete account verification and confirm their participation via the form will be eligible to receive any rewards. 

• Users are required to choose the reward they wish to qualify for when confirming their participation via the form. The Binance Skateboard and Binance Montblanc Fountain Pen rewards are mutually exclusive.

• Binance VIP and Institutional will contact all eligible winners via the email address bound to the winners’ BUIDs to arrange for the delivery of Binance merchandise rewards within two weeks after the Promotion ends. 

• If a winner fails to reply within 48 hours of the reward notification, he/she will be deemed to forfeit the reward. Winners should provide a valid shipping address, and will be responsible for any taxes, if applicable.

• Binance VIP and Institutional reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.

• Binance VIP and Institutional 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, the selection and number of winners, 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

2023-07-27

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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 are subject to high market risk and price volatility. 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 you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.