Binance Launches Fifteenth Phase of Binance Lending Products

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 15% 100 BUSD 0.61643 BUSD USDT 15 days 50,000,000 USDT 5,000,000 USDT 10% 100 USDT 0.41095 USDT

Note:

Refer here for the Binance Lending User Guide ;

Please refer to Binance Terms of Use prior to using any products on the Binance Lending platform.

Thanks for your support!

Binance Team

2020/02/21

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