Binance Fixed-Rate Loans Now Support Convertibility to Floating-Rate Loans

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According to an official announcement from ChainCatcher, Binance's fixed-rate loan service has added a new feature that allows users to convert fixed-rate loans to floating-rate loans upon maturity and extend the loan term without immediate repayment.

The new feature provides three maturity processing options: manual repayment, automatic repayment, or conversion to a floating-rate loan, aimed at helping users reduce liquidation risk and enhance borrowing flexibility.

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