Three Types of Loans on Binance: Flexible, Fixed Rate, and VIP

From flexible borrowing for retail users to advanced credit lines for high-volume traders, Binance offers a range of loan products to suit different goals, risk profiles, and trading strategies. Whether you’re borrowing $1 or managing millions in crypto, you can choose the option that fits your needs. Let’s take a closer look at each loan type:

1 / Flexible Loan

Borrow instantly with no fixed term. You can borrow from as little as $1 using assets under Simple Earn Flexible Products as collateral, repay anytime, and continue earning rewards on your collateral while your loan is active.

Loan Term: Flexible

Interest Rate: Variable (updates by the minute)

Collateral Location: Locked in your Earn Account

Collateral Type: Single asset

Minimum Borrow Amount: $1

Subaccount Support: Not supported

Key Benefits:

Instant borrowing and repayment flexibility

Collateral continues to earn rewards

2 / Fixed Rate Loans

Fixed Rate Loans let you set your own interest rate and loan term, so your borrowing costs are locked in from the start — ideal for larger or time-sensitive positions.

Loan Term: Fixed

Interest Rate: Customizable and fixed for the entire term

Collateral Location: Managed by Binance (when orders matched)

Collateral Type: Multi-asset

Minimum Borrow Amount: $50,000

Subaccount Support: Supported

Key Benefits:

Predictable borrowing costs and repayment timeline

Option to convert to Flexible Rate Loan at expiry (terms apply)

3 / VIP Loan

Designed for high-volume users, VIP Loans offer large borrowing limits, flexible terms, and the ability to trade with your collateral still in your Spot Account.

Loan Term: Fixed or Flexible

Interest Rate: Depending on Market Demand

Collateral Location: Tradable in your Spot Account

Collateral Type: Multi-asset

Minimum Borrow Amount: $500,000

Subaccount Support: Supported

Key Benefits:

Collateral remains open to use

Delayed liquidation and no early repayment penalties.