Binance launches crypto lending with up to 15% annual interest

Binance has launched a lending business for customer deposits, supporting Tether ($USDT), Binance Coin ($BNB) and Ethereum Classic ($ETC). Loans will have a two week fixed maturity with annual interest rates of 10%, 15% and 7%, respectively. Going forward, Binance looks to add support for more tokens based on demand.

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