Binance Launches Tenth Phase of Binance Lending Products

Published on 2019-12-16 10:39

Fellow Binancians,

Binance will launch the tenth phase of Binance Lending Products at 2019/12/18 12:00 PM (UTC), where 30-day fixed term lending products will be made available. Further details are below: 

  • Subscription Format: First-come-first-served basis.
  • Subscription Period: From 2019/12/18 12:00  PM (UTC) to 2019/12/19 12:00 PM (UTC).
  • Interest Calculation Period: 2019/12/19 12:00  PM (UTC) to 2020/01/18 12:00 PM (UTC).
  • Interest Payout Time: Immediately after loan term matures. 

Lending Product Details (

)

DigitalAsset

Term to Maturity

Total Subscription Cap

Individual Cap

Annualized Interest Rate

Lot Size

Interest Per Lot at Maturity

USDT

30 days

10,000,000 USDT

1,000,000 USDT

6%

100 USDT

0.49315 USDT

Note:

  • Binance has now enabled a function to directly convert fixed deposits into flexible deposits. For further details, please refer to our .
  • Refer here for the ;
  • Please refer to prior to using any products on the Binance Lending platform.

Thanks for your support!

Binance Team

2019/12/16

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