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Binance Moves to Next Phase in Lending Scheme with Additional Assets

Published 09/03/2019, 06:00 AM
Updated 09/03/2019, 07:01 AM
 Binance Moves to Next Phase in Lending Scheme with Additional Assets
ETC/USD
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Binance moves onto stage two of its lending program, by adding a whole portfolio of selected coins and tokens. Initially, lending started with Binance Coin (BNB), Tether (USDT), and Ethereum Classic (ETC).

In the second stage, eight variations of the lending and returns mechanism were offered, to include Bitcoin (BTC), for 14-day and 28-day lending periods. The various lending schemes offer annualized returns between 3.25% and 8.25%, depending on risk.

https://twitter.com/soul_Lisker/status/1168808014008111104

The most curious addition to the mix is Cardano (ADA), an asset that has seen re...

This article appeared first on Cryptovest

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