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Binance Launches Ninth Phase of Binance Lending Products
Binance
2019-10-14 00:01

Fellow Binancians,

Binance will launch the ninth phase of Binance Lending Products at 2019/10/16 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 2019/10/16 12:00  PM (UTC) to 2019/10/17 0:00 AM (UTC).
  • Interest Calculation Period: 2019/10/16 12:00  PM (UTC) to 2019/10/30 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

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

10,000,000 BUSD

1,000,000 BUSD

10%

100 BUSD

0.383561 BUSD

ETH

14 days

10,000 ETH

100 ETH

6%

1 ETH

0.002301 ETH

MATIC

14 days

20,000,000 MATIC

200,000 MATIC

6%

100 MATIC

0.230136 MATIC

USDT

14 days

10,000,000 USDT

1,000,000 USDT

6%

100 USDT

0.230136 USDT

 

Note:

Thanks for your support!

Binance Team

2019/10/14

 

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