Binance Launches Tenth Phase of Binance Lending Products

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)

Digital Asset	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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