Binance, the world’s largest crypto currency exchange in terms of daily transaction volume, has announced that it has added new assets to VIP Loan service and that it will remove some Spot transaction pairs. These changes are expanding users’ loan options, while maintaining the market layout. Here are Binance’s latest updates.
Binance made new additions to VIP Loan
The crypto currency exchange Binance announced that it has added new lending to VIP Loan service and adding available assets as collateral. At the same time, taking into account the factors such as liquidity and process volume, some Spot decided to remove pairs. Within the scope of Binance’s VIP Loan service, Four (Form), Nillion (NIL) and Straitsx USD (XUSD) were added to the list of lending assets. In addition, the form token can now be used as a guarantee.
Binance VIP Loan is an extremely guaranteed credit service that provides competitive interest rates and flexible maturity conditions for large -scale individual and corporate users. This service can be used for long -term investment funds, providing more liquidity, leverage transactions and applying risk protection strategies.
Some Spot Processing Couples are removed
Binance carries out regular listing reviews to protect the quality of the market and protect users. In line with recent examinations, it was decided to remove certain spot processes from the list due to low liquidity and process volume. Processing couples to be removed and the process termination dates are as follows:
- 28 March 2025, 06:00 (TSI): Gala/BNB, Perp/BTC
- March 31, 2025, 02:59 (TSI): USDT/CZK, USDT/RON
It was particularly emphasized that CZK and Ron are nominal currencies and did not represent any crypto presence. The removal of Spot processing pairs will not affect the usability of the relevant tokens in Binance Spot. Users will be able to buy and sell these assets through other trading pairs in Binance. In addition, Binance will terminate Spot Trading Bots services for the relevant transaction pairs on the specified dates. Users are recommended to update or cancel the Spot Trading Bots transactions to prevent possible losses. Although Binance’s updates affect many users, they are considered steps to improve the quality of transaction on the platform and improve user experience. Time will show how crypto coins will move in the coming period.
