This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch two new promotions for Binance Fixed Rate Loans users. During the Promotion Period, eligible users who place new Fixed Rate Loans Borrow or Supply orders which successfully match, will have a chance to receive rewards of up to 1,600 USDC.
In addition, new users to Binance Fixed Rate Loans are eligible to participate in Promotion B and have a chance to win an additional 100 USDC in rewards.
Promotion Period: 2025-06-27 00:00 (UTC) to 2025-07-25 23:59 (UTC)
Promotion A: Place New Fixed Rate Loans Order(s) to Get Up to 1,600 USDC
During the Promotion Period, eligible users who fulfill both of the following requirements will be able to participate:
Only users who opt-in from the campaign page are eligible to participate.
Place eligible Fixed Rate Loans orders, including:
Placing a new Borrow or Supply order which is successfully matched; or
Matching existing Borrow or Supply orders.
All eligible users will be ranked by their Total Loan Amount* during the Promotion Period. The top 20 users will qualify to receive the following rewards, listed in the table below.
Rewards Structure:
Note: *The Total Loan Amount includes both Borrow and Supply orders matched during the Promotion Period. For splitting orders, only the matched sub-orders are counted in the Total Loan Amount.
Promotion B: New Fixed Rate Loans Users May Win 100 USDC as Rewards
During the Promotion Period, eligible new Fixed Rate Loans users* who fulfill both of the following requirements will be able to participate:
Only new users who opt-in from the campaign page are eligible to participate.
Place Eligible Fixed Rate Loans orders, including:
Placing a new Borrow or Supply order which is successfully matched;
Matching existing Borrow or Supply orders.
At 2025-07-25 23:59 (UTC), we will use the BNB Smart Chain hash value to automatically select 10 eligible users with the most consecutive numerical digits in their UID to be the winners. The selected winners will each receive 100 USDC.
Note: *Eligible new Fixed Rate Loans users are defined as users who have never used Fixed Rate Loans before 2025-06-27 00:00 (UTC).
How Binance Fixed Rate Loans Work:
To Borrow on Fixed Rate Loans:
Match with an existing order or place a new order: To match with an existing order, users can first select the asset they wish to borrow. Next, click on the preferred offer, and the corresponding details — such as borrow amount, expected interest rate, and other relevant information — will be automatically populated in the panel on the right. The order will be matched immediately if the terms are accepted without any changes. Users can place a new order by adjusting the borrowing terms.
Set up collateral: Select eligible assets from the Spot Account as collateral to meet the Initial LTV (Loan-to-Value) requirement.
Confirm order: Review and confirm the order details and the Terms & Conditions, click [Confirm].
Order matched: After the order has been matched, the borrowed funds minus the pre-calculated interests will be transferred to the Spot Account. Check the order status in [My Order] - [Ongoing Order].
Repayment: Repay the loan in full before the expiry date to avoid the Late Fee.
To Supply on Fixed Rate Loans:
Match with an existing order or place a new order: To match with an existing order, users can select the asset they wish to supply. Next, click on the preferred offer, and the corresponding details — such as supply amount, expected interest rate, and other relevant information — will be automatically populated in the panel on the right. The order will be matched immediately if the terms are accepted without any changes. Users can place a new order by adjusting the supply terms.
Confirm order: Review and confirm the order details and the Terms & Conditions, click [Confirm].
Order matched: After the order has been matched, the supplied funds will be transferred from the Spot Account and will be principal-protected by Binance for the duration of the order. Return Interest starts accruing on matching. Check the order status in [My Order] - [Ongoing Order].
Repayment: After the loan expires, the loaned assets and Return Interest will be delivered to the Spot Account within 24 hours following the expiry date. For more information on how Binance Fixed Rate Loans work, refer to this FAQ.
Terms & Conditions:
Only users who confirm participation on the campaign page and complete account verification will be eligible for rewards from the Promotion(s).
The Promotions are only available to users who are enabled to use Binance Fixed Rate Loans, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.
Terms and Conditions for Binance Fixed Rate Loans apply.
Promotions A and B:
Only newly matched Fixed Rate Loans order(s) during the Promotion Period are eligible.
Only orders that are matched will count into the Total Loan Amount.
Only new users who have never used Fixed Rate Loans before 2025-06-27 00:00 (UTC) are eligible for Promotion B.
Case Study:
User A places a new 50,000 USDC borrow order and gets matched on 2025-06-28, and maintains the 50,000 USDC borrowing until 2025-07-26, the total loan amount will be 50,000 USDC.
User B borrows 100,000 USDC from an existing order on 2025-06-29, and his supplied order of 50,000 USDC gets matched on 2025-07-20, then the total loan amount will be 150,000 USDC.
User C places a borrow order of 50,000 USDC on 2025-07-10, but the order is not matched by 2025-07-26. Thus, the total loan amount remains 0, and the user is not eligible to receive rewards from the Promotion.
User D places a supply order of 500,000 USDC on 2025-06-25 (before the campaign), and splits the order into 10 sub-orders of 50,000 USDC each. During the Promotion Period, only 4 orders have been matched, then the total loan amount will be 200,000 USDC.
Rewards:
The USDC rewards will be distributed to eligible users' Spot Accounts within four (4) weeks after the Promotions end.
Promotions A and B are not mutually exclusive, participants of Promotion A are also eligible to receive rewards in Promotion B if they meet the conditions.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
Additional Promotion terms and conditions can be accessed here.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-06-26
USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected].
Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.