Fellow Binancians,
Binance has added CAKE and USDT to the list of supported assets on Savings, a value-added service to Binance users who hold idle digital assets.
Flexible Savings Product Details (Subscribe now): CAKE
Currently, the new Savings Tier APY Structure is applicable to CAKE.
Details below:
| Previous Structure | Savings Tier APY Structure (Holding amount, APY) | ||
| Currency | APY | Tier 1 | Tier 2 |
| CAKE | 5% | 0 - 50 CAKE 12% | > 50 CAKE 2% |
Locked Savings Product Details (Subscribe now): USDT
| Digital Asset | Term to Maturity | Total Cap | Individual Cap | Annualized Interest Rate | Lot Size | Interest Per Lot at Maturity |
| USDT | 30 days | 200,000,000 USDT | 10,000 USDT | 6% | 100 USDT | 0.4932 USDT |
| USDT | 60 days | 200,000,000 USDT | 20,000 USDT | 9% | 100 USDT | 1.4795 USDT |
Note:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
Thanks for your support!
Binance Team
2021-11-10
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.