Binance launches institutional loan service

ChainCatcher news, Binance announces the launch of the institutional lending (KYB) feature for enterprise users with VIP 5 trading volume and above, offering up to 4x leverage, allowing users to aggregate collateral from up to 10 sub-account UIDs.

This service breaks the single account limitation, enhancing capital efficiency and flexibility. Users can trade on Binance's margin and futures markets through institutional loans, enjoying interest-free options, a wide range of collateral choices, spot-like delays, and flexible trading methods. To qualify, enterprise users must meet the VIP 5 trading volume requirements or apply for manual assessment.