{"lite-loan-faq-q2-title":"Which crypto assets can I pledge or borrow on Binance Lite Loan?","lite-loan-banner-subtitle":"Micro Lending — Simple, Secure, Confident Borrowing","lite-loan-faq-q10-title":"What are LTV, Margin Call LTV, and Liquidation LTV?","lite-loan-faq-q5-title":"What is the fee within the initial {{loanTermDays}}-day term, and when is it charged?","lite-loan-faq-q10-body":"LTV stands for Loan-to-Value. It represents the ratio between the value of the crypto assets loaned to you plus accrued fee, relative to the value of your collateral. These values are based on each crypto asset's Price Index.
LTV = Loan Value / Collateral Value
Margin Call LTV represents a warning that the loan position is getting closer to the liquidation LTV. When your loan position reaches its margin call LTV, a margin call notification will be sent out. You can reduce your LTV by repaying part or all of your loan.
Liquidation LTV represents the threshold at which the loan position will be liquidated. When your loan position reaches its liquidation LTV, the pledged collateral may be liquidated automatically to repay the outstanding loan.
Please note: For Lite Loan, the Margin Call LTV is {{marginCallLTV}} and the Liquidation LTV is {{liquidationLTV}}.","lite-loan-faq-q12-body":"If liquidation occurs, the entire loan will be repaid using the collateral for that loan position.
A liquidation fee based on the liquidated assets will be charged and deducted directly from collateral in accordance with the asset's market price.
In addition, Binance may apply a risk-based liquidation adjustment to each collateral asset as part of the liquidation process. This adjustment is calculated by applying the applicable Risk-Based Liquidation Ratio to the asset's market value at the time of liquidation, as determined by Binance. For more details, see Risk-Based Liquidation Ratio. The rest of your assets will remain in your Earn Account.","lite-loan-faq-q7-title":"What is Auto-Repay and how does it work?","lite-loan-faq-q1-title":"What is Binance Lite Loan?","lite-loan-eligible-collateral-notice":"The Eligible Collateral in your Spot and/or Funding Account will be used to subscribe to the Simple Earn Flexible Product.","lite-loan-faq-q12-title":"What happens when a loan is liquidated?","lite-loan-faq-q13-title":"What are the terms and conditions of Binance Lite Loans?","lite-loan-faq-q6-body":"You can repay your loan partially or in full with the borrowed coin:
1. Go to Lite Loan product page, select your loan order
2. Enter the repayment amount and tap [Confirm]
If you prefer to repay with a different coin:
1. Go to Lite Loan product page, select your loan order
2. Tap [Repay with Other Coins] at the bottom of the page
3. Choose your preferred repayment coin, enter the amount, and tap [Confirm]
Please note that overdue loan orders will incur a daily penalty interest.","lite-loan-faq-q3-body":"Please refer to the Lite Loan product page for the borrowing limit of each borrowable asset.
Personal borrowing quota is determined based on the value of eligible collateral held in your Spot Account, Funding Account, and Earn Flexible Account, subject to the applicable collateral ratio and the borrowing limit for each borrowable asset.
Examples:
Assuming a borrowing limit of 1,000 USDT and a collateral ratio of 40%:
Collateral worth 6,000 USDT, borrow quota: 6,000 × 40% = 2,400, capped at 1,000 USDT
Collateral worth 2,000 USDT, borrow quota: 2,000 × 40% = 800 USDT","lite-loan-faq-q4-body":"The loan term is fixed at {{loanTermDays}} days. You can check the due date for each order at the Lite Loan product page.
If a loan is not repaid by the due date, it will become overdue. The maximum overdue period is {{maxOverdueDay}} days, during which penalty interest will accrue daily. Reaching an overdue period of {{maxOverdueDay}} days is one of the conditions that will trigger liquidation.","lite-loan-faq-q7-body":"When Auto-Repay is enabled, Binance will automatically repay your loan using your available balance of the borrowed coin across your Spot Account, Funding Account, and Earn Flexible Account on the due date only. If your available balance is insufficient to cover the full amount, a partial repayment will be processed automatically, and you will need to repay the remaining balance manually to avoid overdue status and penalty interest.
Auto-Repay is enabled by default when you borrow a loan.","Check-Order":"Check Order","lite-loan-faq-q9-title":"Is there any penalty interest if my loan repayment is overdue?","lite-loan-faq-q13-body":"Please see Binance Lite Loans terms and conditions here.","lite-loan-faq-q8-title":"Where can I check my Loan Balance and Collateral Assets?","lite-loan-faq-q11-body":"Liquidation may be triggered upon the occurrence of either of the following:
1. The loan has been overdue for {{maxOverdueDay}} days; or
2. Following expiry of the Term, the Loan-to-Value (LTV) reaches {{liquidationLTV}}.
Example (Scenario 2):
If a user does not make full repayment by the due date and the LTV subsequently reaches {{liquidationLTV}}, the loan will be liquidated — even if the loan has not yet been overdue for {{maxOverdueDay}} days.","lite-loan-faq-q2-body":"Borrowable assets: {{borrowList}}
Eligible collateral: {{collateralList}}","lite-loan-faq-q6-title":"How do I repay my loan?","lite-loan-faq-q11-title":"Under what circumstances will my loan be liquidated?","lite-loan-faq-q5-body":"Service Fee: A one-time {{serviceFeeRate}} service fee is charged at the time of borrowing and deducted directly from the loan amount. Please note that the service fee is non-refundable in the event of early repayment. No additional interest is charged during the initial {{loanTermDays}}-day term.
Example:
If the service fee rate is {{serviceFeeRate}} and you borrow 100 USDT, the service fee will be calculated as 100 × {{serviceFeeRate}}, and the remaining amount will be disbursed to your Spot account.","lite-loan-faq-q1-body":"Binance Lite Loan is a fixed-term lending product that allows users to pledge collateral and borrow crypto asset for instant liquidity. The pledged collateral is used to subscribe to Simple Earn Flexible Products and earn yield (where available and subject to applicable rates).
Key features:
1. Fixed loan term: {{loanTermDays}} days
2. Borrow amount: starting from $1 equivalent of crypto assets, capped at the borrowing limit for each asset
3. Liquidation during the initial {{loanTermDays}}-day term is not triggered by price fluctuations in the collateral or borrowed asset
For more information, please refer to the FAQ.","lite-loan-faq-q9-body":"Yes. If your loan is not fully repaid by the due date, a penalty interest will accrue daily on the overdue outstanding balance at an annualized rate of {{annualPenaltyFeeRate}}.
Example:
If the annualized penalty interest rate is {{annualPenaltyFeeRate}}, an overdue outstanding balance of 500 USDT will incur a daily penalty interest calculated as 500 × {{annualPenaltyFeeRate}} ÷ 365.","lite-loan-faq-q3-title":"What is the borrowing limit, and how is my borrow quota calculated?","lite-loan-faq-q4-title":"What is the loan term?","Lite":"Lite","a-one-time-service-fee":"A one-time service fee applies and will be deducted from your loan disbursement. The amount you receive = Loan Principal - Service Fee.","amount-min-tip":"Amount must be greater than {{amount}} {{asset}}","amount-max-tip":"Amount must be less than {{amount}} {{asset}}","borrow-again":"Borrow Again","Unlock-instant-liquidity":"Unlock instant liquidity","borrow-with-only-1-upfront":"Borrow with only {{percentage}} upfront fee","manage":"Manage","newest-to-oldest":"Newest to Oldest","take-over":"Take-over","select-coin":"Select Coin","not-enough-assets":"Not enough assets for this repayment","repayment-failed-please-try-again":"Repayment failed. Please try again.","the-btc-in-your-spot":"The Eligible Collateral in your Spot and/or Funding Account will be used to subscribe to the Simple Earn Flexible Product.","i-have-read-and-agreed":"I have read and agreed to Binance Loan Service Agreement and Binance Terms of Use.","service-fee":"Service Fee","collateral-return-wallet":"Collateral Return Wallet","penalty-interest-rate":"Penalty Interest Rate","repay-anytime-no-transaction-fee":"Repay anytime & no transaction fee","closed":"Closed","ltv-high-to-low":"High to Low","exceeds-maximum-borrowable-amount":"Exceeds maximum borrowable amount","repay-on-time-with-supported":"Repay on time with supported coins","est-interest-amount":"Est. Interest Amount","your-collateral-keeps-earning":"Your collateral keeps earning","how-lite-loan-works":"How Lite Loan Works","repay-exact-required":"Please repay {{amount}} {{asset}} to close this order","oldest-to-newest":"Oldest to Newest","ltv-low-to-high":"Low to High","borrow-date":"Borrow Date","sort-by":"Sort by","i-understand-that-if-the":"I understand that if the loan is not repaid on time, an applicable penalty interest will accrue daily.","collateral-amount-coin":"Collateral Amount {{coin}}","borrow-failed":"Borrow failed","please-repay-overdue-loan-first":"Please repay your overdue loan first","when-the-loan-is-overdue":"When the loan is overdue, penalty interest will be charged daily based on the outstanding loan amount. The penalty fee accumulates until the loan is fully repaid.","please-note-if-you-do":"Please note: If you do not have enough assets in your Spot Account to repay the loan in full, the auto-repayment will fail, as partial repayment is not provided. You will need to repay manually.","enjoy-flexibility-with-delayed-liquidation":"Enjoy flexibility with delayed liquidation","not-enough-assets-for-borrow":"Not enough assets for this borrow","collateral-return-amount":"Collateral Return Amount","receive-amount":"Receive Amount","ltv":"LTV","other-coins":"Other Coins","due-soon":"Due Soon","borrow-with-customized-interest-rate":"Borrow with customized interest rate","discover-loan-product":"Discover Loan Product","customize-your-loan-interest-rate":"Customize your loan interest rate","i-understand-that-overdue-loans":"I understand that overdue loans will be liquidated if the overdue period reaches {{duration}} days or the LTV reaches {{liquidationLtv}}, whichever is earlier.","repay":"Repay","borrow-against-your-btc-no":"Borrow against your {{collateralCoin}}, no interest required","service-fee-is-charged-upfront":"Service fee is charged upfront and deducted from the borrowed amount. It is non-refundable.","repay-with-borrow-coins":"Repay with Borrowed Coins","due-date":"Due Date","repayment-successful":"Repayment Successful","you-pay":"You Pay","lite-loan":"Lite Loan","repay-method":"Repay Method","sort-by-date":"Sort by Date","borrow-quota":"Borrow Quota","penalty-fee":"Penalty Interest","open":"Open","keep-yields-from-flexible-earn":"Keep yields from Flexible Earn collateral","late-repayment-incurs-a-fee":"Late repayment incurs a fee","institutional-level-loan-services":"Institutional-Level Loan Services","we-will-automatically-deduct-the":"By enabling auto-repayment, Binance will automatically repay your Lite Loan on the Expiry Date using assets from your Spot Account, Funding Account, and Earn Flexible Assets. Once the loan order becomes overdue, auto-repayment will no longer be available, and you will need to manually repay the loan order to avoid Penalty Interest.","check-repay-history":"Check Repay History","repay-with-other-coins":"Repay with Other Coins","repaid-methods":"Repayment Methods","lite-loan-micro-lending":"Crypto-backed Lending — Unlock Instant Liquidity","borrow-successful":"Borrow Successful","lite-loan-faq-q8-body":"You can check your loan balance in the Lite Loan Product Page.
Upon successful order, you can check your loan balance and collateral assets in the Lite Loan Product Page.","lite-loan-banner-body-desktop":"Borrow against your crypto instantly. No LTV management, no price-triggered liquidations during the initial 30-day Loan Term — just borrow, repay on time, and get your collateral back.","Earn-Wallet":"Earn Wallet","in-progress":"In Progress","check-history":"Check History","borrow-more":"Borrow More","borrow-quota-tooltip":"Your Borrow Quota is calculated as the lower of {{initialLTV}} of your eligible collateral value and {{maxBorrowLimit}} {{coin}}. By default, eligible collateral from your Funding, Spot, and Earn Flexible accounts are included.","select-more-wallets-to-borrow":"Insufficient collateral. Please click \"Avail\" below to enable all accounts."}