LBank to Launch BCK Demand Deposit and Fixed Deposit
LBank will launch BCK Demand Deposit and Fixed Deposit. The details are as follows:
- Demand Deposit
Participation Time: 14:00 on Sep 30, 2020 (UTC+8)
Participation Condition: Users need to complete the KYC verification.
Support Asset: BCK
Revenue Asset：USDT
Annualized Return: 30% (Floating)
Maximum Interest-bearing Amount: with no limit
Minimum Interest-bearing Amount: 0.1 BCK
Participation Method: users need to register the assets in the “Demand Deposit “ page.
* Assets registered in “Demand Deposit” do not affect trading or withdrawal. After registration, the assets has been trading or withdrawn will not enter interest calculation of the day.
* The freezing assets due to orders and participation in activities does not affect the interest calculation of demand deposit assets.
Revenue settlement: T+1 calculates interest, T+2 pays interest.
- Fixed Deposit
Participation Time: 14:00 -18:00 on Sep 30, 2020 (UTC+8)
Participation Condition: Users need to complete the KYC verification.
Support Asset: BCK
Revenue Asset：USDT
7 Days Fixed Deposit Annualized Return: 40% (Floating)
7 Days Fixed Deposit Maximum Interest-bearing Amount: 3,000 BCK
15 Days Fixed Deposit Annualized Return: 50% (Floating)
15 Days Fixed Deposit Maximum Interest-bearing Amount: 3,000 BCK
Minimum Interest-bearing Amount: 0.1 BCK
Participation Method: users need to register the assets in the “Demand Deposit “ page.
※ End the lockup period, repay capital and interest. Does not support advance unlocking, until the lockup is finished.
