Binance Extends Lite Loan Promotion With 50% Service Fee Discount

According to the announcement from Binance, the Lite Loan promotion will continue for another month, with a reduced upfront service fee for eligible new loans. The promotion runs from 2026-11-13 00:00 (UTC) to 2026-12-13 23:59 (UTC). During this period, the fee will be 0.5%, compared with the standard rate of 1%. The promotional rate applies to Lite Loan orders successfully initiated during the promotion period. After it ends, the fee will return to 1%. The fee is deducted from the loan amount when the borrower receives the loan. Lite Loan is a fixed-term borrowing product that allows users to borrow up to 1,000 USDT using BTC as collateral. Binance says the collateral is not subject to price-triggered liquidation during the initial 30-day loan term and continues to generate rewards through Simple Earn Flexible Products. The product charges a flat upfront fee, with no additional interest during the loan term. The fee is non-refundable, including if a borrower repays early. The promotion applies only to new Lite Loan orders placed within the stated period; orders made before it begins are not eligible.