#Binance rolls out Web3 Loan inside Binance Wallet
Binance has launched Web3 Loan directly within @Binance Wallet, allowing users to borrow crypto on-chain without leaving the wallet or giving up self-custody.
What’s new
• On-chain borrowing inside Binance Wallet (Web3 Earn tab)
• Use existing assets as collateral (starting with @VenusProtocol on @BNBChain)
• No need to connect external dApps or sell holdings
• Designed to ease CeFi users into DeFi lending
• Launch promo includes a 400,000 USDT reward pool for eligible users
This is a notable step toward making DeFi lending more accessible at scale, blending self-custody with a familiar Binance UX and lower-fee BNB Chain infrastructure.
👉 Official announcement: https://www.binance.com/en/support/announcement/detail/89d3d6e8ed2045cf901adbfadbfaf935
BNB
830.46
-1.64%