Fellow Binancians,Binance Loans has launched Tier Interest Rates. Users with higher VIP levels will enjoy lower interest rates, on all borrowable assets. An example of Tier Interest Rates on BUSD loans is as follows:
| Tier | VIP Level | Previous Int. Rate | New Tier Int. Rate |
| Tier 1 | VIP 0 | Hourly Int. Rate: 0.001667%Daily Int. Rate: 0.0400% | Hourly Int. Rate: 0.001667%Daily Int. Rate: 0.0400% |
| Tier 2 | VIP 1 – 3 | Hourly Int. Rate: 0.001667%Daily Int. Rate: 0.0400% | Hourly Int. Rate: 0.001584%Daily Int. Rate: 0.0380% |
| Tier 3 | VIP 4 – 5 | Hourly Int. Rate: 0.001667%Daily Int. Rate: 0.0400% | Hourly Int. Rate: 0.001500%Daily Int. Rate: 0.0360% |
| Tier 4 | VIP 6 – 7 | Hourly Int. Rate: 0.001667%Daily Int. Rate: 0.0400% | Hourly Int. Rate: 0.001417%Daily Int. Rate: 0.0340% |
| Tier 5 | VIP 8 – 9 | Hourly Int. Rate: 0.001667%Daily Int. Rate: 0.0400% | Hourly Int. Rate: 0.001334%Daily Int. Rate: 0.0320% |
For the tier interest rates of the corresponding VIP levels and borrowables assets, please refer to the Loanable Assets on Loan Data Page.If you’re not yet familiar with Binance Loans, here are some useful resources for you to get started:
- How to Use the Binance Loans Service
- Binance Loans User Manual
- Binance Loans User Agreement
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.Thanks for your support!Binance Team2022-02-18Trade on-the-go with Binance’s crypto trading app (iOS/Android)Find us onTelegram: https://t.me/binanceexchangeTwitter: https://twitter.com/binanceFacebook: https://www.facebook.com/binanceInstagram: https://www.instagram.com/binanceBinance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
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