This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Loans is thrilled to launch the May Flexible Loan Challenge! During the Promotion Period, opt in to the challenge and create a new Binance Flexible Loan borrowing USDT or USDC to compete for PEPE token voucher rewards and a Flexible Loan Interest-Free Voucher*. Promotion Period: 2026-05-07 00:00 (UTC) to 2026-05-27 23:59 (UTC) Promotion A: Place a New Flexible Loan to Share 10 Billion PEPE Rewards in Token Vouchers During the Promotion Period, eligible users who complete the following steps will be ranked by their Net Daily Average Loan Amount to win rewards: Opt in on the campaign landing page;Create a new Flexible Loan order borrowing USDT or USDC; and Maintain a Net Daily Average Loan Amount* above $100, Reward mechanism: The top-ranked users of each tier will receive token voucher rewards according to the reward mechanism in the table below. Daily Average Loan Amount During the Promotion PeriodToken Voucher Reward per Eligible User (Equivalent value in PEPE Token Vouchers)Number of Eligible WinnersTier 1: > $10,000$50020Tier 2: > $1,000$70250Tier 3: > $100$10900 Promotion B: Place a New Loan Order to Get an Interest-Free Voucher During the Promotion Period, the first 4,000 eligible users who complete the following steps will each receive one Flexible Loan Interest-Free Voucher with the terms in the table below: Opt in on the campaign landing page; and Borrow a new Flexible Loan order with Net Daily Average Loan Amount above $100 in USDT or USDC. Interest-Free Voucher Applicable Borrow AmountInterest-Free Loan Duration ApplicableMax. Loan Interest Amount Deductible per Voucher500 USDC7 days3 USDC Note: Rewards are limited and given on a first-come, first-served basis based on task completion date. Only the first 4,000 eligible users will receive the Interest-Free Voucher. Register Now to Earn Rewards! Please Note *Net Daily Average Liability is calculated as the sum of the user's daily outstanding Flexible Loan liability (in USD equivalent) divided by the total number of days in the promotion period. Only new loan orders placed during the promotion period are counted. Any repayments of existing and new USDT or USDC loans made during the promotion period will be deducted from the calculation.Net Daily Average Loan Amount = Sum of eligible Loan position daily snapshot during the Promotion Period / 21 days Both Promotion A and Promotion B require users to maintain a net daily average liability of at least $100 to be eligible for rewards.A single user may qualify for rewards from both Promotion A and Promotion B simultaneously, provided all respective conditions are met.Only master accounts are eligible for this promotion. Sub-accounts are not eligible. Guides and Related Materials What is Binance Flexible Loan and Frequently Asked QuestionsWhat is a Binance Flexible Loan Interest-Free Voucher and How to Use It Terms & Conditions Only users who confirm participation on the campaign page and complete account verification will be eligible for rewards from the Promotions.The Promotions are only available to users who are eligible to use Binance Flexible Rate Loans, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements. Terms and Conditions for Binance Flexible Rate Loan apply.Only new Flexible Loan orders placed during the Promotion Period are eligible. Existing orders placed before the Promotion Period will not be counted.Promotion:Only new Binance Flexible Rate Loan order(s) applied during the Promotion Period are eligible. Any repayment amount made by a user in respect of a Binance Flexible Rate Loan order made during the Promotion Period will be subtracted from the eligible loan amount when it comes to eligibility and rewards calculation.Case Study:User A borrowed 1,500 USDC on 2026-05-07, and maintained the 1,500 USDC borrowing until the end of 2026-05-27 without any repayment of USDC, the Net Daily Average Loan Amount will be 1,500 USDC, which is above $100 equivalent. If User A is among the top 250 users in Tier 2, the user is eligible for a PEPE Token Voucher of $70 equivalent.User B borrowed 10,000 USDC on 2026-05-07, and repaid the 9,000 USDC borrowing on 2026-05-09, the daily average loan amount will be (10,000 * 2 + 1,000 * 19) / 21 = 1,857.1 USDC. Rewards:Promotion A: Token Voucher Rewards will be distributed to eligible users by 2026-06-23 via the Rewards Hub. Token vouchers are valid for 30 days from the date of distribution.Promotion B: The first 4,000 eligible users will each receive one Flexible Loan Interest-Free Voucher. Interest-Free Vouchers will be distributed to eligible users by 2026-06-23 via the Rewards Hub. Token vouchers are valid for 30 days from the date of distribution. For more information, please refer to this FAQ: “What is Binance Flexible Rate Loan Interest-free Voucher and How to Use It”.To use the voucher, users must apply it before taking out their next USDC Flexible Rate Loan. Vouchers cannot be applied after the loan is taken.Loan interest within the maximum Flexible Rate Loan Interest amount will be deducted from the total liability upon repayment. Any Flexible Rate Loan Interest which exceeds the maximum Flexible Rate Loan Interest amount (as set out in the table above) is payable by the user, and this excess will be added to the Flexible Rate Loan liability balance.Early repayment before the end of the Interest-free period will reduce the waived interest amount, which will be calculated only up to the repayment date.Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.Additional Promotion terms and conditions can be accessed here.There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise. Thank you for your support! Binance Team 2026-05-07 USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and [email protected]. Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.