Binance introduces up to 3,888 USDC rewards for new flexible loan orders
Eligible loan tokens: USDT, USDC, ETH, and SOL
In celebration of the Lunar New Year, Binance has launched a new promotional offer for users of its Binance Loans (Flexible Rates) service.
The promotion gives eligible participants the chance to earn up to 3,888 USDC in rewards by completing new loan orders during the promotional period, which runs from January 23, 2025 to February 11, 2025.
This initiative is designed to incentivize users to take advantage of flexible loan options and participate actively in Binance's lending ecosystem.
How to participate in the promotion
To qualify for the up to 3,888 USDC reward, participants must meet the following requirements:
1. Opt-in: Users must opt-in through the campaign page on the Binance platform to be eligible for the rewards.
2. Loan requirements: Participants need to place new Binance Loans (Flexible Rate) orders with a Daily Average Loan Amount equivalent to at least $1,000. This means the total loan amount, averaged over the course of the loan, must meet or exceed $1,000.
3. Eligible loan tokens: Users must select from eligible tokens, including USDT, USDC, ETH, and SOL, when placing their loan orders. These tokens are some of the most widely traded on the platform, making it easier for users to participate.
The more new loans users place within the promotion period, the higher their chances of earning a share of the 3,888 USDC prize pool. The rewards are designed to encourage participation and provide more liquidity within Binance’s lending platform.
Promotion period and key dates
The promotion officially begins on January 23, 2025, at 00:00 UTC, and ends on February 11, 2025, at 23:59 UTC. During this period, users who meet the requirements will receive rewards based on the loan tokens they select and the amount they commit.
The promotion provides an opportunity to boost one’s crypto holdings while engaging with Binance’s flexible loan offerings.
Binance's new promotion is a strategic move to engage its large user base while offering a tangible incentive to use its lending services. The flexibility of the loan rates and the opportunity to earn up to 3,888 USDC rewards highlights the platform's ongoing efforts to expand its offerings and attract new users.
Reminder, Binance launched Renzo on BNSOL Super Stake with airdrop rewards.
