Binance Adds USDC to Locked Savings
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|
- 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.
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