how are you all Hope everyone is doing well! Today I will talk about a very important topic, Many people are interested to know about Binance Loan, Many people think that they will take a loan from Binance and transfer it to another account. Then it will no longer pay Binance, Is it really possible to take a loan from Binance and transfer it to another account without repaying it?

Image collect Pixabay

---

Loan means that there will be various rules and regulations.
Today I will know the complete matter in detail,
First of all, to take a loan from Binance, your Binance account must have unique bought Crypto.
Think you bought BNB with $500, but suddenly that BNB huge down, then that BNB came to $400, now you have no choice but to hold it, so now you can get 60% loan from them with the Crypto that you hold. can
Means to take loan from them with collateral,
Now with the BNB you go to get the loan, they will freeze the BNB and then give you the loan.
Although this matter is also very good but the loan means there are various rules.
First of all if you bring any Crypto from another account by depositing you can't take loan with it, so you must be trading once, it has a downside,
For example, if you take a loan from them under flexible rules, then at the price you give them BNB, if they pump more than that price, they will take as much as they pump, and they will pay a certain price. No means you have downed a huge amount, but the good thing is that you can take a loan from them for a very small amount, i.e. $1, and there is no fixed period.
Or you can take it according to the unique rules like 7 days/15 days/30 days etc, but here you have to take a minimum loan of a big amount, and they have to pay an amount of interest to them, it has nothing to do with pump dump.
But you can withdraw this balance if you want.

Image collect Pixabay

---

Warning-
Beware of all types of loans.
I don't think you can ever be profitable with this loan from Binance, everyone beware from stepping into the trap of this type of loan.
Because from here you are more likely to lose profit than to make profit.

Ending today here, everyone be well, Allah-Hafez.