Binance has announced changes to its Flexible Rate Loan offerings as part of its regular product review process.
Binance Announces Delisting of Certain Lending Assets from Flexible Rate Loans
Starting January 3, 2025, at 08:00 UTC, the following tokens will no longer be available as loanable assets under Binance Loans (Flexible Rate):
AdEx (ADX)
AirDAO (AMB)
Alpine F1 Team Fan Token (ALPINE)
BakeryToken (BAKE)
Dent (DENT)
FUNToken (FUN)
Lazio Fan Token (LAZIO)
Manchester City Fan Token (CITY)
OG Fan Token (OG)
Voxies (VOXEL)
Key Details
New Orders: Users will not be able to place new Flexible Rate Loan orders involving these assets after the specified date and time.
Existing Loans: Existing Flexible Rate Loan orders for these tokens will not be affected. Users can hold their loans until they choose to repay them.
Binance emphasized that the delisting decision is part of its efforts to provide the most valuable and competitive services. Regular reviews ensure that the services offered by the platform are in line with user needs and market conditions.
*This is not investment advice.