Binance’s new promotion will start on November 12, 2024 and continue until November 30, 2024.

During the campaign, up to 50% extra return in USDC will be provided to the first 50 suppliers whose Fixed Loan Interest orders are matched, on top of the expected return interest. The promotion will only be available to users who complete fixed interest credit orders.

Binance promises to offer users additional returns if they complete at least one Fixed Credit Rates order. The rewards obtained at the end of the campaign will be distributed on November 30, 2024 and will be reflected in users’ Spot Wallets as USDC.

The reward calculation is quite simple for suppliers who want to participate in the campaign. For example, if a supplier deposits $50,000 worth of fixedcoins and trades for 30 days at a 6% interest rate, the expected interest return will be $246. Within the scope of Binance’s new campaign, an additional 123 USDC reward will be given, a 50% increase on this amount.

Binance limits the return increase to 160 USDC for each user. Additionally, each user will be able to win only one prize, which will allow the opportunity to reach more users.

This promotion also aims to reinforce Binance’s leadership in the crypto industry and increase interest in the Fixed Loan Rates product. Investors can start their transactions on the Binance platform to benefit from this opportunity as of November 12.

[](https://www.binance.com/en/support/announcement/supply-to-fixed-rate-loans-to -get-up-to-50-yield-boost-in-usdc-1e4cd8650ab6481085708fd89f245e2b)