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Binance introduces 14-day fixed term lending on BTC, LTC and XRP

While the first five phases of Binance’s recent lending services focused on adding various tokens and VIP-centered investment opportunities, Binance revealed the launch of the sixth phase of Binance Lending Products, which marked the beginning of their fixed-term lending initiative. According to the official Binance post,


“Binance will launch the sixth phase of Binance Lending Products at 2019/09/25 6:00 AM (UTC), where 14-day fixed term lending products will be made available.”


Binance’s 14-day fixed term lending products will be made available to the users on a “first-come-first-served basis” for 24 hours only since launch. In addition, the interest on the investments will be calculated for 14 days till 2019/10/09 6:00 AM (UTC). The chart below explains the expected returns for some of the top crypto assets among its in-house token BNB, including XRP, LTC, BTC and USDT. Read More...

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