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Binance Launches 29th Phase of Binance Savings - CTSI

Binance
2020-09-10 09:10
Fellow Binancians,
Binance will launch the 29th phase of Binance Savings at 2020/09/10 12:00 PM (UTC), where 7-day and 30-day fixed-term locked savings products will be made available. Further details are below:
  • Subscription Format: First-come-first-served basis.
  • Subscription Period: From 2020/09/10 12:00 PM (UTC) to 2020/09/11 12:00 PM (UTC).
  • Interest Calculation Period: 2020/09/11 12:00 PM (UTC) to the end of each respective product period.
  • Interest Payout Time: Immediately after loan term matures.
Savings Product Details (Subscribe now)
Digital AssetTerm to MaturityTotal Subscription CapAnnualized Interest RateLot SizeInterest Per Lot at Maturity
CTSI7 Days3,000,000 CTSI3%1,500 CTSI0.8630 CTSI
CTSI30 Days4,000,000 CTSI7%2,000 CTSI11.5068 CTSI
Note:
  • Amounts subscribed to Binance Savings products will not be able to receive their corresponding staking rewards;
  • Refer here for the Binance Savings User Guide;
  • Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.
Thanks for your support!
Binance Team
2020/09/10
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