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Binance Adds USDC to Locked Savings

Binance
2020-08-13 08:42
Fellow Binancians,
Binance Savings will add USDC to the Customizable Locked Savings product at 2020/08/13 12:00 PM (UTC), where 7-day/14-day/30-day/90-day products will be made available.
Saving Product Details (Subscribe now):
Digital AssetsTerm to MaturityTotal Subscription CapAnnualized Interest RateLot SizeInterest Per Lot at Maturity
USDC7 days2,000,000,000 USDC7.2%1000.1380 USDC
USDC14 days2,000,000,000 USDC7.4%1000.2838 USDC
USDC30 days2,000,000,000 USDC7.6%1000.6246 USDC
USDC90 days2,000,000,000 USDC8%1001.9715 USDC
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 Locked Savings Products.
Thanks for your support!
Binance Team
2020/08/13
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