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FIDA ALI PRE-MARKET EXPERT
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BINANCE WEB LOAN FOR EVERY BINANCE USERS 🥰🥰🥰 Binance Wallet is excited to announce the launch of Web3 Loan, a new on-chain borrowing feature now available on the Web3 Earn page. Web3 Loan enables users to directly access third-party protocols, to borrow crypto using their existing assets as collateral, unlocking liquidity and new earning strategies through a seamless integration. This integration brings the full benefits of decentralized borrowing and lending directly into the Binance Wallet interface. Key Features: Borrow to Earn: Use your assets as collateral and access liquidity and new earning opportunities without selling your holdings. Multi-Asset Collateral: Deposit various mainstream assets as collateral on the BNB Chain. Provided by Venus Protocol: Web3 Loan is integrated with Venus, a leading lending protocol on BNB Chain with deep liquidity, supporting over 40 assets and more than $2.2B in the core pool. This integration enables users to borrow and lend directly through Venus lending pools within the Binance Wallet interface. Supported assets at launch include: Collateral Asset: BTCB, ETH, USDT, USDC, FDUSD, WETH Borrow Asset: USDT, USDC, BNB Exclusive Venus Loan Campaign Binance Wallet will soon launch an exclusive loan campaign with Venus. Borrow assets through the Web3 Loan Venus vault to earn 400,000 USDT in rewards and enjoy preferential rates.
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