Binance

Binance Introduces Eighth Phase of Its Lending Products: BTC, BNB, ETH, ETC, USDT, BUSD

Binance, the world’s largest crypto exchange, is set to launch “the eighth phase of Binance Lending Products at 2019/10/09 12:00 PM (UTC), where 14-day fixed term lending products will be made available. Further details are below:” 

  • “Subscription Format: First-come-first-served basis.”
  • “Subscription Period: From 2019/10/09 12:00  PM (UTC) to 2019/10/10 0:00 AM (UTC).”
  • “Interest Calculation Period: 2019/10/09 12:00  PM (UTC) to 2019/10/23 12:00 PM (UTC).”
  • “Interest Payout Time: Immediately after loan term matures.”
Digital Asset Term to Maturity Total Subscription Cap Individual Cap Annualized Interest Rate Lot Size Interest Per Lot at Maturity
BNB 14 days 100,000 BNB 500 BNB 10% 10 BNB 0.038356 BNB
BNB 14 days 1,000,000 BNB 5,000 BNB 6% 10 BNB 0.023013 BNB
BTC 14 days 1,000 BTC 20 BTC 3% 0.01 BTC 0.00001151 BTC
BUSD 14 days 15,000,000 BUSD 5,000,000 BUSD 10% 100 BUSD 0.383561 BUSD
EOS 14 days 200,000 EOS 20,000 EOS 6% 10 EOS 0.023013 EOS
ETC 14 days 20,000 ETC 1,000 ETC 7% 1 ETC 0.002684 ETC
ETH 14 days 10,000 ETH 100 ETH 6% 1 ETH 0.002301 ETH
LINK 14 days 500,000 LINK 50,000 LINK 6% 100 LINK 0.230136 LINK
USDT 14 days 15,000,000 USDT 5,000,000 USDT 10% 100 USDT 0.383561 USDT
XRP 14 days 10,000,000 XRP 500,000 XRP 6% 100 XRP 0.230136 XRP 

Lending Product Details (Subscribe now)

BNB, BTC, BUSD, EOS, ETC, ETH, LINK, USDT, XRP.

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