Laureate of Blockchain Company 2019
in prestigeous Invest Cuffs contest

Tokeneo was awarded 1. miejscem Firma Blockchain 2019 in prestigeous Invest Cuffs contest

Buy And Sell Crypto

The new DEFI platform enters the market! Earn passively - token sale 0.25 $ I'm going in!

Binance Lending will launch soon

By

Agata Hofman

-

26 August 2019 20:56

2 min reading

binance-lending-will-launch-soon

One of the largest cryptocurrency exchanges, Binance, intends to launch its new lending product on August 28. Will it work?

Cryptocurrency loans

According to today's information, holders of Binance Coin (BNB), Ethereum Classic (ETC) and Tether (USDT) will be able to grant loans in those cryptocurrencies. The platform, through which investors will be able to earn interests on, is called Binance Lending. Registration will be carried out on August 28th and 29th. During the two-week trial period, products (currencies) will have the highest interest rate. For BNB it will be 15%, for ETC and USDT - 10% and 7%. The first interest period will run from August 29 to September 10. The interest payment date is to be immediately after the loan period. The company said annual interest rates for the upcoming phases will be adjusted based on market acceptance in the early stages.

If the user registers for borrowing 10 "lots" of BNB (or 100 coins), the value of interest paid will be: 0.057534 BNB x 10 = 0.57534 BNB.

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the Lushup Holdings FZ LEE. Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Google: https://policies.google.com/technologies/partner-sites
Facebook: https://www.facebook.com/about/privacy/update

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the tokeneo.com/news/pl website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is Lushup Holdings FZ LEE, Fujairah - Creative Tower, P.O.Box 4422 Fujairah, United Arabs Emirates.

The full document to read the Tokeneo privacy policy is available in this document.

Advanced settings can be changed in your browser.