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 (

Subscribe now

)

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
FAQ
.
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

2019/12/16

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