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Binance Launches Fourteenth Phase of Binance Lending Products

Binance
2020-02-13 10:31

Fellow Binancians,

Binance will launch the fourteenth phase of Binance Lending Products at 2020/02/17 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 2020/02/17 12:00  PM (UTC) to 2020/02/18 12:00 PM (UTC).
  • Interest Calculation Period: 2020/02/18 12:00  PM (UTC) to 2020/03/04 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

15%

100 BUSD

0.61643 BUSD

USDT

15 days

50,000,000 USDT

5,000,000 USDT

10%

100 USDT

0.41095 USDT

Note:

Thanks for your support!

Binance Team

2020/02/13

 

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