Binance Launches Twelfth Phase of Binance Lending Products

Published on 2020-02-01 06:59

Fellow Binancians,

Binance will launch the twelfth phase of Binance Lending Products at 2020/02/03 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 2020/02/03 12:00  PM (UTC) to 2020/02/04 12:00 PM (UTC).
  • Interest Calculation Period: 2020/02/04 12:00  PM (UTC) to 2020/03/05 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

BUSD

30 days

10,000,000 BUSD

2,000,000 BUSD

6%

100 BUSD

0.49315 

BUSD

USDT

30 days

10,000,000 USDT

2,000,000 USDT

5.5%

100 USDT

0.45205 USDT

Note:

Thanks for your support!

Binance Team

2020/02/01

Find us on 

Telegram:

Twitter:

Facebook:

Instagram: