Binance Deposit and Loan now supports converting fixed-rate loan orders to current-rate loan orders

Odaily News Binance Deposit and Loan has upgraded its new loan order repayment method. With this product upgrade, users can convert fixed-rate loan orders to current-rate loan orders when they expire, without having to repay the order immediately after it expires.
After the fixed-rate loan order expires, the user can choose to repay manually, automatically, or convert it to a current-rate loan order to continue the loan order.
When a user applies for conversion, the fixed-rate loan order will be converted to a current-rate loan order when it expires, and the loan period will be reset. This feature can help users avoid forced liquidation due to the expiration/repayment time of the original fixed-rate loan order and the inability to repay in time, providing a more flexible loan experience.