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Binance Launches Eighth Phase of Binance Lending Products

Binance
2019-10-07 10:37

Fellow Binancians,

Binance will launch the eighth phase of Binance Lending Products at 2019/10/09 12:00 PM (UTC), where 14-day fixed term lending products will be made available. Further details are below: 

  • Subscription Format: First-come-first-served basis.
  • Subscription Period: From 2019/10/09 12:00  PM (UTC) to 2019/10/10 0:00 AM (UTC).
  • Interest Calculation Period: 2019/10/09 12:00  PM (UTC) to 2019/10/23 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

BNB

14 days

100,000 BNB

500 BNB

10%

10 BNB

0.038356 BNB

BNB

14 days

1,000,000 BNB

5,000 BNB

6%

10 BNB

0.023013 BNB

BTC

14 days

1,000 BTC

20 BTC

3%

0.01 BTC

0.00001151 BTC

BUSD

14 days

15,000,000 BUSD

5,000,000 BUSD

10%

100 BUSD

0.383561 BUSD

EOS

14 days

200,000 EOS

20,000 EOS

6%

10 EOS

0.023013 EOS

ETC

14 days

20,000 ETC

1,000 ETC

7%

1 ETC

0.002684 ETC

ETH

14 days

10,000 ETH

100 ETH

6%

1 ETH

0.002301 ETH

LINK

14 days

500,000 LINK

50,000 LINK

6%

100 LINK

0.230136 LINK

USDT

14 days

15,000,000 USDT

5,000,000 USDT

10%

100 USDT

0.383561 USDT

XRP

14 days

10,000,000 XRP

500,000 XRP

6%

100 XRP

0.230136 XRP 


Note:

Thanks for your support!

Binance Team

2019/10/07

 

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