Binance Loans Launches Interest Rate Reduction Promotion and NFT Mystery Boxes Reward Program

Binance Loans has launched a promotion to reduce interest rates on the platform and partnered with Binance NFT to launch the NFT Mystery Boxes Reward Program. Both new and existing users are eligible to participate in these activities.

Interest Rate Reduction

Promotion Period: From now till further notice.

Users may enjoy hourly interest rates that are as low as 0.000573% when borrowing assets with any collateral on Binance Loans.

Binance Loans has also previously launched Tiered Interest Rates for users of different VIP levels. 

NFT Mystery Boxes Reward Program

Promotion Period: 2022-03-15 00:00 AM to 2022-03-21 11:59 PM (UTC)

• During the promotion period, all users whose average daily liability is at least 200,000 BUSD or equivalent on Binance Loans for at least 7 days will receive an NFT Mystery Box.
• In addition, 50 first-time users of Binance Loans who make their first loan order on the platform during the promotion period, will be selected based on the Award Selection Rules Based on Binance Chain Hash Value, to each receive an additional NFT Mystery Box.

Terms and Conditions

• The NFT Mystery Boxes will be distributed within 2 weeks after the promotion ends. Users can find their Mystery Boxes via Binance NFT Marketplace > User Center > Mystery Box.
• Binance reserves the right to disqualify trades that are deemed to be wash trades or illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
• Binance reserves the right to cancel or amend any Activity or Activity Rules at our sole discretion.
• Where any discrepancy arises between the translated versions and original English version, the English version shall prevail.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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