LBank to List SNX, REN, BAL and Launch Demand Deposit with an Annualized Yield of 30%

LBank Exchange

2 min readJul 2, 2020

Dear LBank users：

LBank will list SNX, REN, BAL at 15:00 on July 2, 2020 (UTC+8), the details are as follows:

Trading Pair: SNX/USDT, REN/USDT, BAL/USDT

Deposit Enable: 15:00 on July 2, 2020 (UTC+8)

Trading Open: 15:00 on July 2, 2020 (UTC+8)

Withdrawal Enable: 15:00 on July 2, 2020 (UTC+8)

Demand Deposit with an annual return of 30%

Without locking, holding coins to gain interest and settled daily. The details are as follows:

Participation Time: 15:00 on July 2, 2020 (UTC+8)

Participation Condition: Users need to complete the KYC verification.

Support Asset: SNX, REN, BAL

Annualized Return: 30% (Floating)

Maximum Interest-bearing Amount: with no limit

Minimum Interest-bearing Amount: account assets shall not less than 5 SNX, 66 REN or 1 BAL

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 After registration, the assets has been trading or withdrawn will not enter interest calculation of the day. For the amount gap will be released at 2:00 pm in the next 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.

Amount update: The amount of gap from the previous trading or withdrawal will be released at 2:00 pm every day.

Click 「Demand Deposit」to participate

* LBank reserves the right of final interpretation of this activity.