Binance’s Proactive Response to CYBER Coin Crisis Ensures User Funds Remain Secure
Binance has made it clear that it will not use user funds to make any transactions or investments for profit. The lending behavior by users is pure lending behavior, and Binance’s internal business departments do not engage in “mutual lending” behavior or malicious lending behavior to market makers or project parties. Currently, there is no project party borrowing CYBER from Binance.
To encourage borrowers to repay loans as soon as possible, the system automatically increases the loan interest rate. The system also automatically increases the annual interest rate (APR) of the current currency obtained based on market liquidity to attract savings deposits. Binance has also adjusted the personal withdrawal limit of CYBER’s current earnings to largely guarantee customers’ withdrawal rights in a timely manner.
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