Binance Adds USDC to Locked Savings
2020-08-13 08:42
Fellow Binancians,
Binance Savings will add USDC to the Customizable Locked Savings product at 2020/08/13 12:00 PM (UTC), where 7-day/14-day/30-day/90-day products will be made available.
Saving Product Details (Subscribe now)：
| Digital Assets | Term to Maturity | Total Subscription Cap | Annualized Interest Rate | Lot Size | Interest Per Lot at Maturity |
| USDC | 7 days | 2,000,000,000 USDC | 7.2% | 100 | 0.1380 USDC |
| USDC | 14 days | 2,000,000,000 USDC | 7.4% | 100 | 0.2838 USDC |
| USDC | 30 days | 2,000,000,000 USDC | 7.6% | 100 | 0.6246 USDC |
| USDC | 90 days | 2,000,000,000 USDC | 8% | 100 | 1.9715 USDC |
Note：
- Amounts subscribed to Binance Savings products will not be able to receive corresponding staking rewards.
- Subscriptions will close on a certain product once the maximum limit is reached.
- Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.
- For further information, please refer to How to use Binance Locked Savings Products.
Thanks for your support!
Binance Team
2020/08/13
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