Binance to Launch Fixed Rate Loans Promotion with Bonus APR

According to the announcement from Binance, a new promotion for Binance Fixed Rate Loans users is set to commence, offering eligible participants the opportunity to earn up to a 20% bonus annual percentage rate (APR) in USDT for a seven-day period. The promotion will run from 2025-07-29 00:00 (UTC) to 2025-08-26 23:59 (UTC). During this period, users who place new Fixed Rate Loans USDT Supply orders that are successfully matched can participate and earn rewards. The promotion features a total reward pool of 65,000 USDT, distributed across three tiers based on the user's minimum Total Supply Volume during the promotion. Tier 1 requires a Total Supply Volume of at least 100,000 USDT, offering a 10% bonus APR on up to 50,000 USDT. Tier 2 requires a minimum of 500,000 USDT, with a 15% bonus APR on up to 100,000 USDT. Tier 3, for those supplying 1,000,000 USDT or more, offers a 20% bonus APR on up to 300,000 USDT. The bonus APR applies only to the Eligible Supply Volume, which is the additional supply volume after deducting the minimum required for each tier. Rewards are allocated on a first-come, first-served basis, based on the timestamp of the first matched supply order. Once the reward pool is exhausted, no further rewards will be available. Only matched Fixed Rate Loans supply orders during the promotion period are eligible, and users can only receive rewards from one tier, automatically receiving the highest total bonus available. The rewards will be distributed in USDT to eligible users' Spot Accounts within four weeks after the promotion ends. Users must complete account verification to be eligible for rewards, and the promotion may be restricted in certain jurisdictions or regions.