Binance Expands Its Loan Services with New Altcoin Collateral
Main Idea
Binance has expanded its loan services by adding new altcoins as collateral for its Flexible Rate Loans and VIP Loan products, aiming to provide more options for investors and institutional traders.
Key Points
1. Binance added Treehouse (TREE), Arena-Z (A2Z), KernelDAO (KERNEL), and Spark (SPK) as collateral for its loan services.
2. Flexible Rate Loans now accept KERNEL and SPK, allowing users to maintain real-time annual yields without a fixed repayment period.
3. VIP Loan services now include TREE and A2Z as collateral, catering to institutional and high-volume traders with large limits and customizable terms.
4. The expansion aims to enhance liquidity and flexibility for users without requiring the sale of their cryptocurrencies.
5. Binance emphasizes that users should be aware of market volatility and conduct their own research before participating.
Description
Binance expanded its loan offerings with new altcoin collateral. Flexible and VIP Loans now include TREE, A2Z, KERNEL, and SPK. Continue Reading: Binance Expands Its Loan Services with New Altcoin Collateral The post Binance Expands Its Loan Services with New Altcoin Collateral appeared first on COINTURK NEWS .
Latest News
- XRP Ledger Boosts Financial Transactions with Growing Stablecoin Activity2025-08-01 22:16:51
- The Power Struggle Behind the Scenes: Trump’s Moves in the Federal Reserve2025-08-01 20:21:18
- SEC Member Hits the Road to Listen to Crypto Companies2025-08-01 19:25:16
- CryptoAppsy Empowers Real-Time Cryptocurrency Management2025-08-01 18:56:27
- Trump Challenges Economic Norms with Bold Moves on Employment Figures2025-08-01 18:38:15