#BinanceAlphaAlert #orocryptotrends @OroCryptoTrends
Binance just made borrowing smarter and more flexible. If you've been using Binance Fixed Rate Loans, there's a new update that could save you from liquidation and give you more control over your repayment schedule.
🎯 What’s New?
Starting June 24, 2025, users with a Fixed Rate Loan can now convert it to a Flexible Rate Loan at the time of maturity — without the need for an immediate full repayment.
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🧠 Why This Matters
Let’s break it down in simple terms:
📉 Fixed Rate Loans give you predictable interest costs.
🔁 Flexible Rate Loans adjust with the market, offering agility and ongoing access to borrowed funds.
This new feature bridges the gap, helping users avoid sudden liquidation when their Fixed Rate Loan term ends — and giving them more breathing room to manage their positions.
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🛠️ How It Works
✅ You Now Have 3 Options When Your Loan Ends:
1. Manual Repayment – pay off the loan yourself
2. Auto-Repay – let Binance handle repayment automatically
3. Convert to Flexible Rate – continue your loan on flexible terms
🔧 How to Enable the Feature:
When placing a new loan: Click [Convert to Flexible Rate] during setup.
For existing loans: Go to your Ongoing Orders and update the repayment method.
🔗 Try it on Binance Fixed Rate Loans now
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⚠️ What You Need to Know
Approval Required: Binance has the final say on whether your loan gets converted.
Repayment Still Required: If conversion is denied, you must repay the Fixed Rate Loan on time.
Hourly Interest: Once converted, interest on Flexible Loans accrues every hour — even if you repay early.
> Pro Tip: To increase the chance of approval, make sure your loan-to-value (LTV) ratio is healthy. Add more collateral if needed.
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📊 Flexible Rate Loans At a Glance
Feature Fixed Rate Loan Flexible Rate Loan
Interest Fixed Dynamic (updates hourly)
Repayment At maturity Anytime (in full only)
LTV Risk Moderate Higher due to rate changes
Ideal For Planning Adapting to market changes #Write2Earn