Fellow Binancians,

Binance has added COTI, DREP and ERD to the list of supported assets on Savings, a value-added service to Binance users who hold idle digital assets.

Flexible Savings Product Details (Subscribe now)

Supported AssetTotal Limit
COTI15,000,000 COTI

Locked Savings Product Details (Subscribe now)

Digital AssetTerm to MaturityTotal CapIndividual CapAnnualized Interest RateLot SizeInterest Per Lot at Maturity
DREP7 days800,000,000 DREP10,000,000 DREP12%10,000 DREP23.014 DREP
DREP14 days400,000,000 DREP10,000,000 DREP16%10,000 DREP61.370 DREP

New users registered on Binance from 2020/06/24 12:00 PM (UTC) to 2020/07/01 12:00 PM (UTC) will enjoy an additional 6% APR reward on DREP’s 7-day savings product. The extra reward will be distributed within 2 weeks after maturity.

Savings Activity Product Details (Subscribe now)

  • Subscription Format: First-come-first-served basis.
  • Subscription Period: From 2020/06/24 12:00  PM (UTC) to 2020/06/25 12:00  PM (UTC).
  • Interest Calculation Period: 2020/06/25 12:00 PM (UTC) to the end of each respective product period.
Digital AssetTerm to MaturityTotal CapIndividual CapAnnualized Interest RateLot SizeInterest Per Lot at Maturity
ERD7 days150,000,000 ERD5,000,000 ERD10%200,000 ERD383.561643 ERD
ERD14 days150,000,000 ERD5,000,000
ERD
12%200,000 ERD920.547936 ERD

Note:

  • Amounts subscribed to Binance Savings products will not be able to receive corresponding staking rewards.
  • Subscriptions will close on a certain product once the maximum limit is reached.
  • Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.
  • Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.

Thanks for your support!

Binance Team

2020/06/24

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