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Shiba Inu (SHIB) Gets Green Light from Binance as Collateral Asset for Flexible Loans
Binance, the world's largest cryptocurrency exchange by trading volume, has added SHIB as a collateral asset for flexible loans on its platform.
In addition to Shiba Inu (SHIB), the leading has expanded its list of collateral assets to include other notable cryptocurrencies such as Compound (COMP), IOTA, iExec (RLC), Holo (HOT), Enjin Coin (ENJ), THETA, and IOST.
Binance Flexible Loan is a type of loan service that doesn't have a set repayment term and allows users to put up their cryptocurrencies as collateral to secure loans.
This means users can get a loan using cryptocurrencies they have in their Simple Earn Flexible Products, an investment product offered by Binance.
Unlike other loan services, Binance's flexible loan doesn't force users to repay their loans within a fixed time frame. Additionally, it provides real-time rewards based on the annual percentage rate (APR).
Read more on U.Today https://u.today/shiba-inu-shib-gets-green-light-from-binance-as-collateral-asset-for-flexible-loans
Binance, the world's largest cryptocurrency exchange by trading volume, has added SHIB as a collateral asset for flexible loans on its platform.
In addition to Shiba Inu (SHIB), the leading has expanded its list of collateral assets to include other notable cryptocurrencies such as Compound (COMP), IOTA, iExec (RLC), Holo (HOT), Enjin Coin (ENJ), THETA, and IOST.
Binance Flexible Loan is a type of loan service that doesn't have a set repayment term and allows users to put up their cryptocurrencies as collateral to secure loans.
This means users can get a loan using cryptocurrencies they have in their Simple Earn Flexible Products, an investment product offered by Binance.
Unlike other loan services, Binance's flexible loan doesn't force users to repay their loans within a fixed time frame. Additionally, it provides real-time rewards based on the annual percentage rate (APR).
Read more on U.Today https://u.today/shiba-inu-shib-gets-green-light-from-binance-as-collateral-asset-for-flexible-loans
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