Binance: Users who engage in leveraged trading and lending products can become Binance VIPs and launch the VIP lending program

Chain Catcher News, Binance announced the launch of the VIP Lending Program. Users who engage in leveraged trading and lending products can become Binance VIPs or reach higher VIP levels.

It is reported that starting from 8:00 AM Beijing time on September 7, 2022, all users whose 30-day average effective net lending volume and daily BNB holdings meet the requirements will enjoy higher VIP level benefits. The effective net lending volume from leveraged trading, staking borrowed coins, and OTC borrowing will be included in the user's 30-day average effective net lending volume. (Source link)