📢 New Feature Alert on #BinanceLoans
You can now convert your Fixed Rate Loans to Flexible Rate Loans at maturity — giving you greater control and flexibility without immediate repayment upon conversion! 💡
🔄 What’s New?
✅ Convert Fixed Rate Loans to Flexible Rate Loans upon expiry.
✅ Avoid forced liquidation due to repayment timing.
✅ Choose from: Manual Repay | Auto-Repay | Convert to Flexible.
⚙️ How to Enable Conversion
While placing a Fixed Rate Loan, tap [Convert to Flexible Rate]
Go to [Ongoing Orders] and set your preference to Convert to Flexible Rate.
🔐 Important Notes !
Conversion is subject to Binance approval
Not automatic – users must monitor request status
Interest accrues hourly after conversion
Full repayment only – no partial payments
Maintain LTV to remain eligible for conversion
📌 Learn more here: What is Binance Fixed Rate Loans.
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💬 Build smarter borrowing strategies today with Binance!
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#FlexibleLoans