Binance Launches Seventeenth Phase of Binance Lending Products

     |      2020-03-09

Fellow Binancians,

Binance will launch the seventeenth phase of Binance Lending Products at 2020/03/09 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 2020/03/09 12:00  PM (UTC) to 2020/03/10 12:00 PM (UTC).
  • Interest Calculation Period: 2020/03/10 12:00  PM (UTC) to 2020/04/09 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

30 days

50,000,000 BUSD

10,000,000 BUSD

15%

100 BUSD

1.23287 BUSD

USDT

30 days

50,000,000 USDT

10,000,000 USDT

12%

100 USDT

0.9863 USDT

Note:

Thanks for your support!

Binance Team

2020/03/09

 

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