Fellow Binancians,
Binance will launch the third phase of Binance Lending Products at 2019/09/11 6:00 AM (UTC), where 14-day fixed term lending products will be made available. Further details are below:
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 |
BNB |
14 days |
200,000 BNB |
500 BNB |
10% |
10 BNB |
0.038356 BNB |
ETC |
14 days |
30,000 ETC |
1,500 ETC |
7% |
1 ETC |
0.002684 ETC |
LTC |
14 days |
6000 LTC |
300 LTC |
7% |
1 LTC |
0.002684 LTC |
XRP |
14 days |
1,000,000 XRP |
50,000 XRP |
7% |
100 XRP |
0.268493 XRP |
USDC |
14 days |
2,000,000 USDC |
500,000 USDC |
7% |
100 USDC |
0.268493 USDC |
USDT |
14 days |
20,000,000 USDT |
5,000,000 USDT |
10% |
100 USDT |
0.383561 USDT |
Example:
If User A subscribes to 10 lots of BNB (14 days) Lending (total lend of 100 BNB), the interest earned at maturity date will be 0.038356 BNB * 10 = 0.38356 BNB.
Note:
Thanks for your support!
Binance Team
2019/09/09
Find us on
Telegram: https://t.me/binanceexchange
Twitter: https://twitter.com/binance
Facebook: https://www.facebook.com/binance
Instagram: https://www.instagram.com/binance