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I just noticed Binance has updated its withdrawal system.
Withdrawals can now be categorized into one-time withdrawals, daily withdrawals, weekly withdrawals, monthly withdrawals, and yearly withdrawals.
I've been thinking about this, where does this come in?
Could it be when I'm paying off a loan in installments? 🤣 If there were a collateralized lending system on the blockchain that allowed installment payments in the future,
that would make this scenario even more useful.
However, due to the fluctuating value of collateral in collateralized lending, liquidation needs to be monitored.
@cz_binance @heyibinance

Binance offers collateralized lending services. Customer service representative Xiao He reminds you to manage risk carefully when borrowing. 🫡
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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