Binance offers crypto backed loans that let you borrow instantly using your existing holdings as collateral. No credit checks.

No selling your coins. Fully overcollateralized and open ended, meaning you can repay anytime. You can even start from as little as $1 equivalent.

This is primarily done through Binance Flexible Loans.

How it works in practice

You lock crypto like BTC, ETH, or USDT as collateral and borrow a different asset such as USDT, BTC, ETH, SOL, or USDC. While locked, your collateral can still earn yield via Simple Earn Flexible. Interest accrues continuously and rates update frequently, so always check before borrowing.

Key points you need to understand

• You cannot borrow the same asset you post as collateral

• Max borrow is usually around 60–65% LTV

• Interest compounds over time

• If collateral value drops too much, liquidation happens

• There is no expiry, but debt keeps growing until repaid

Step by step

1. Log into Binance and complete KYC

2. Hold supported assets and subscribe them to Simple Earn Flexible

3. Go to assets → Earn → Borrow, or directly visit Binance loans

4. Choose what to borrow and what to collateralize

5. Confirm terms and start borrowing

6. Funds arrive instantly

7. Repay anytime to unlock collateral

Crypto loans are tools, not free money. Used correctly, they give liquidity without selling. Used carelessly, they wipe you out. Manage LTV. Respect volatility. Stay disciplined.