Binance Launches Twelfth Phase of Binance Lending Products

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Binance Launches Twelfth Phase of Binance Lending Products

2020-02-01 06:59

Fellow Binancians,

Binance will launch the twelfth phase of Binance Lending Products at 2020/02/03 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 2020/02/03 12:00 PM (UTC) to 2020/02/04 12:00 PM (UTC).
Interest Calculation Period: 2020/02/04 12:00 PM (UTC) to 2020/03/05 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

10,000,000 BUSD

2,000,000 BUSD

100 BUSD

0.49315

BUSD

USDT

30 days

10,000,000 USDT

2,000,000 USDT

5.5%

100 USDT

0.45205 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

2020/02/01

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