Fellow Binancians,
Binance will launch the 29th phase of Binance Savings at 2020/09/10 12:00 PM (UTC), where 7-day and 30-day fixed-term locked savings products will be made available. Further details are below:
- Subscription Format: First-come-first-served basis.
- Subscription Period: From 2020/09/10 12:00 PM (UTC) to 2020/09/11 12:00 PM (UTC).
- Interest Calculation Period: 2020/09/11 12:00 PM (UTC) to the end of each respective product period.
- Interest Payout Time: Immediately after loan term matures.
Savings Product Details (Subscribe now)
| Digital Asset | Term to Maturity | Total Subscription Cap | Annualized Interest Rate | Lot Size | Interest Per Lot at Maturity |
| CTSI | 7 Days | 3,000,000 CTSI | 3% | 1,500 CTSI | 0.8630 CTSI |
| CTSI | 30 Days | 4,000,000 CTSI | 7% | 2,000 CTSI | 11.5068 CTSI |
Note:
- Amounts subscribed to Binance Savings products will not be able to receive their corresponding staking rewards；
- Refer here for the Binance Savings User Guide;
- Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.
Thanks for your support!
Binance Team
2020/09/10
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