EnglishFellow Binancians,
Binance will launch the seventeenth phase of Binance Lending Products at 2020/03/09 12:00 PM (UTC), where 30-day fixed term lending products will be made available. Further details are below:
- Subscription Format: First-come-first-served basis.
- Subscription Period: From 2020/03/09 12:00 PM (UTC) to 2020/03/10 12:00 PM (UTC).
- Interest Calculation Period: 2020/03/10 12:00 PM (UTC) to 2020/04/09 12:00 PM (UTC).
- Interest Payout Time: Immediately after loan term matures.
Lending Product Details (Subscribe now)
|
Digital Asset |
Term to Maturity |
Total Subscription Cap |
Individual Cap |
Annualized Interest Rate |
Lot Size |
Interest Per Lot at Maturity |
|
BUSD |
30 days |
50,000,000 BUSD |
10,000,000 BUSD |
15% |
100 BUSD |
1.23287 BUSD |
|
USDT |
30 days |
50,000,000 USDT |
10,000,000 USDT |
12% |
100 USDT |
0.9863 USDT |
Note:
- Refer here for the Binance Lending User Guide;
- Please refer to Binance Terms of Use prior to using any products on the Binance Lending platform.
Thanks for your support!
Binance Team
2020/03/09
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