Binance Adds BAND to Customizable Locked Savings

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Binance Adds BAND to Customizable Locked Savings

2020-06-19 12:00

Fellow Binancians,

Binance Savings will add BAND to the Customizable Locked Savings product at 2020/06/19 12:00 PM (UTC), where 7-day/30-day/60-day products will be made available.

Saving Product Details (Subscribe now)：

Digital Assets	Term to Maturity	Total Subscription Cap	Annualized Interest Rate	Lot Size	Interest Per Lot at Maturity
BAND	7 days	1,000,000 BAND	13.5%	50	0.129452 BAND
BAND	30 days	3,000,000 BAND	14.8%	50	0.608219 BAND
BAND	60 days	3,000,000 BAND	16.1%	50	1.323287 BAND

Note：

Amounts subscribed to Binance Savings products will not be able to receive corresponding staking rewards.

Subscriptions will close on a certain product once the maximum limit is reached.

Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.

For further information, please refer to How to use Binance Customizable Locked Savings Products.

Thanks for your support!

Binance Team

2020/06/19

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