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September 18, 2019 8:15 am
Binance Lending – Special Edition DASH XMR ZEC
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 (Subscribe now)
| Digital Asset | 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:
- BNB balances committed into Lending products will be included in each user’s daily BNB balance calculations for Binance Launchpad and other daily calculations as mentioned in the Daily BNB Balance Calculation Mechanism Update.
- 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
2019/09/17
Author: Binance
Original link: https://www.binance.com/en/support/articles/360033808071
About the author
tungfa
Communications
tungfa is responsible for social media communications, and posts both original stories and links to news coverage of Dash from around the web.