Binance Launches Fifth Phase of Binance Lending Products

2019-09-17 09:23

Fellow Binancians,

Binance will launch the fifth phase of Binance Lending Products at 2019/09/20 6:00 AM (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 2019/09/20 6:00 AM (UTC) to 2019/09/21 0:00 AM (UTC).
  • Interest Calculation Period: 2019/09/20 6:00 AM (UTC) to 2019/10/04 6:00 AM (UTC).
  • Interest Payout Time: Immediately after loan term matures.

Lending Product Details (

)

DigitalAsset

Term to Maturity

Total Subscription Cap

Individual Cap

Annualized Interest Rate

Lot Size

Interest Per Lot at Maturity

XMR

14 days

30,000 XMR

300 XMR

3.5%

1 XMR

0.001342 XMR

ZEC

14 days

60,000 ZEC

600 ZEC

3.5%

1 ZEC

0.001342 ZEC

DASH

14 days

30,000 DASH

300 DASH

3.5%

1 DASH

0.001342 DASH

Note:

Thanks for your support!

Binance Team

2019/09/17

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