Additional Assistance for These Digital Currencies
A leading cryptocurrency exchange has expanded its lending options by adding Dogecoin and Litecoin as eligible collateral for fixed-rate loans, while also introducing ChainGPT as a borrowable asset for its VIP lending program.
Binance’s Fixed Rate Loan program offers a secure and stable borrowing and lending experience, with predetermined interest rates providing clear costs and returns. To access a loan, users must provide collateral, which can be in the form of popular cryptocurrencies such as Bitcoin, Ethereum, Solana, and Avalanche, as well as the newly added Dogecoin and Litecoin.
The company’s VIP Loan service caters to institutional and high-volume clients, providing loans that secured by more collateral than the loan amount, along with adaptable repayment terms, attractive interest rates, and the ability to leverage a diverse range of assets.
In the past day, DOGE, LTC, and CGPT have all recorded increases in their value. Yet, it is possible that their recent success is not solely due to support from Binance.
Campaign to Remove Listing
In addition to expanding its offerings, Binance regularly reviews and delists cryptocurrencies or specific trading pairs that fail to meet certain criteria, such as sufficient market activity. The platform has just revealed that a BNX/BTC, CATI/BNB, CATI/BRL, CHZ/FDUSD, DOGS/BNB, GTC/BTC, HIGH/BTC, LISTA/BRL, NOT/BRL, PIXEL/BTC, TKO/BTC, and TWT/BTC, will be discontinued as of January 17.
Spot trading services for the mentioned asset will also come to an end on that day. The exchange recommended that users should make sure to update or deactivate their Spot Trading Bots before the Spot Trading Bots services are stopped in order to prevent any possible losses.
