Binance Loans: Team up and get access to flexible rate loans in USDT, FDUSD or USDC without interest for up to 7 days | Binance support

Hello Binancian:

Promotion period: from November 6, 2024 at 04:00 (UTC) to December 13, 2024 at 03:59 (UTC)

How to participate?

During the promotion period, the the first 200 eligible teams Those who meet the campaign requirements below will be eligible to receive rewards. Both the referee and referee of each team will receive a USDC prize covering up to 7 days of loan interest.

Eligible teams will be sorted accordingly the period in which the referral generates the loan order during the promotion period. Rewards are calculated based on participants’ total interest on eligible loans (flexible rate) during the incentive period.

Campaign Requirements:

1. Create a new loan order (flexible rate) on Binance Loans at least equal to 5,000 US dollars in USDT, FDUSD from USDC for 25 consecutive days.

2. Invite a new or existing Binance user to create a new loan order (flexible rate) on Binance Loans at least equal to 5,000 US dollars in USDT, FDUSD from USDC for 25 consecutive days.

3. To successfully create a team, the referral must enter the Transmission ID your referrer in the survey before the promotion period expires.

Note: To access USDC rewards equal to 7 days full interest, both the referrer and the referee must create the orders between on November 6, 2024 at 04:00 (UTC) and on November 18, 2024 at 03:59 (UTC)).

Plans offered by Binance Loans (flexible rates)

Counting prizes

The following example explains how rewards are calculated.

User A (referral) invites user B (referral) to participate in the campaign. During the promotion period, user A creates a new loan order of 10,000 USDC and user B receives a loan of 5,000 USDC. Both users keep the loan position for 25 days. User B then enters User A’s referral ID into the survey to show that the two have created a team.

Create a Flexible Loan order now

Notes:

• Those mentioned must be completed survey to register for the promotion and create the team.

• Each user can only register and device Users on the same team can request loans in different tokens.

• A 24-hour loan is counted as one day.

• Awards:

  • Prizes will be calculated accordingly of the total interest of the Total eligible loan amount during promotion period* (7/25), rounded down to the nearest whole number.

  • Rewards in USDC tokens are delivered to eligible users’ Spot wallets within three (3) weeks from the end date of the campaign.

• Talk to the Loan details for the latest interest rates and a complete list of funds available for loans and guarantees.

• For more information, see the Frequently Asked Questions about it Flexible loans and the Simple earn flexible results. Users interested in applying for a VIP loan can contact the Binance VIP Account Main Cover team via Telegram (@vip_loan_binance) for more information.

Terms and conditions:

• Users only complete identity verification may be eligible to receive awards.

• The promotion is only available to users authorized to use Binance Loans (flexible rate) and may not be available, or may be limited, in certain jurisdictions or regions, or for specific users, according to legal and regulatory requirements.

• Terms and Conditions of the Binance Flexible Loans y Earn simple.

• Binance reserves the right to disqualify entrants who interfere with the Binance program code or interfere with the operation of the program code with other software.

• Binance reserves the right to disqualify, in its reasonable opinion, any participant who acts fraudulently or does not comply with the applicable Terms and Conditions.

• Binance reserves the right to suspend or modify the Promotion Rules or the Promotion Rules at its sole discretion.

• You can access the additional terms and conditions of the promotion here.

• There may be differences between the translated version and the original English version of this publication. If they exist, refer to the original version for the most accurate information.

Thank you for your support!

The Binance Team

6/11/2024

Legal notice: USDC is an electronic currency token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). A USDC white paper is available here. You can contact Circle via the following contact details: +33(1)59000130 and EEA-Customer-Support@circle.com.

USDC holders have a legal claim against Circle SAS as an EU USDC issuer. These holders have the right to request a refund of their USDC from Circle SAS. The specified refund will be given at any time and at its specified value.

Danger warning: Digital asset prices can be volatile. The value of your investment can go up as well as down, and you may not get back the amount invested. You are solely responsible for your investment decisions. Binance is not responsible for any losses you may incur. The annual percentage rate (APR) is an estimate of the benefits you will receive in digital currency during the selected period. It does not show actual or projected returns or returns in any fiat currency. The APR is changed daily, and estimated rewards may differ from actual rewards generated. This is not financial advice. If you want more information, see our Terms of use and the Danger warning.