Binance Launches Seventh Phase of Binance Lending Products

Fellow Binancians,

Binance will launch the seventh phase of Binance Lending Products at 2019/10/02 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 2019/10/02 12:00  PM (UTC) to 2019/10/03 0:00 AM (UTC).
• Interest Calculation Period: 2019/10/02 12:00  PM (UTC) to 2019/10/16 12:00 PM (UTC).
• Interest Payout Time: Immediately after loan term matures. 

Lending Product Details (

Note:

• BNB balances committed into Lending products will be included in each user’s daily BNB balance calculations for Binance Launchpad and other daily calculations as mentioned in the
  Daily BNB Balance Calculation Mechanism Update
  .
• 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

2019/09/30

Find us on 

Telegram:

Twitter:

Facebook:

Instagram: