Binance Launches Fifteenth Phase of Binance Lending Products

2020-02-21 09:42

Fellow Binancians,

Binance will launch the fifteenth phase of Binance Lending Products at 2020/02/24 12:00 PM (UTC), where 15-day fixed term lending products will be made available. Further details are below:

Subscription Format: First-come-first-served basis.
Subscription Period: From 2020/02/24 12:00 PM (UTC) to 2020/02/25 12:00 PM (UTC).
Interest Calculation Period: 2020/02/25 12:00 PM (UTC) to 2020/03/11 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

BUSD

15 days

50,000,000 BUSD

5,000,000 BUSD