Fellow Binancians,
Binance will launch the second phase of Binance Lending Products at 2019/09/04 6:00 AM (UTC) where 14-day and 28-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 |
| USDT |
14 days |
20,000,000 USDT |
1,000,000 USDT |
8% |
100 USDT |
0.306849 USDT |
| ETC |
14 days |
20,000 ETC |
1,000 ETC |
7% |
1 ETC |
0.002684 ETC |
| ADA |
14 days |
10,000,000 ADA |
500,000 ADA |
6% |
1,000 ADA |
2.301369 ADA |
| ETH |
14 days |
10,000 ETH |
100 ETH |
6% |
1 ETH |
0.002301 ETH |
| BTC |
14 days |
1,000 BTC |
10 BTC |
3% |
0.01BTC |
0.00001151 BTC |
| BNB |
28 days |
200,000 BNB |
100 BNB |
10% |
10 BNB |
0.076712 BNB |
| USDT |
28 days |
10,000,000 USDT |
500,000 USDT |
8.25% |
100 USDT |
0.632876 USDT |
| BTC |
28 days |
500 BTC |
5 BTC |
3.25% |
0.01BTC |
0.00002493 BTC |
Example:
If User A subscribes to 10 lots of BNB (28 days) Lending (total lend of 100 BNB), the interest earned at maturity date will be 0.076712 BNB * 10 = 0.76712 BNB.
Note:
Thanks for your support!
Binance Team
2019/09/03
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