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Binance Fixed-Rate Loans Now Support Conversion to Floating-Rate Loans

Summary: According to reports, Binance's fixed-rate loans now offer a new feature allowing users to convert their fixed-rate loans to floating-rate loans at the end of the loan term, extending the loan period without immediate repayment. The new feature provides three options for handling maturity: manual repayment, automatic repayment, or conversion to a floating-rate loan, aiming ...

According to reports, Binance's fixed-rate loans now offer a new feature allowing users to convert their fixed-rate loans to floating-rate loans at the end of the loan term, extending the loan period without immediate repayment. The new feature provides three options for handling maturity: manual repayment, automatic repayment, or conversion to a floating-rate loan, aiming to help users reduce liquidation risks and enhance borrowing flexibility.

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