Binance Adds New Cryptocurrencies as Loanable Assets on Flexible Rate Platform

Binance has expanded its loanable assets on the Binance Loans (Flexible Rate) platform to include Celer Network ($CELR), Enjin Coin ($ENJ), Illuvium ($ILV), LeverFi ($LEVER), Livepeer ($LPT), Phoenix ($PHB), Reserve Rights ($RSR), and Voxies ($VOXEL). This update allows users to place new loan orders with these cryptocurrencies as collateral. The platform offers open-term loans with rates that refresh every minute, providing flexibility and the opportunity to earn real-time APR rewards through Simple Earn Flexible Products. Users are advised to update their app to the latest version to access these features and to consult the Binance website for the most current interest rates and a complete list of loanable and collateral assets. The announcement also includes a disclaimer about the risks associated with digital asset investments.