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WhiteBIT announced that annual interest rates for all Crypto Lending plans will be updated on August 13, with existing plans and new plans opened before this date retaining the current rates.
WhiteBIT has announced that annual interest rates for all Crypto Lending plans on its platform will be updated on August 13. The updated rates will apply to plans opened from that date forward. According to the announcement, Crypto Lending plans created before August 13, as well as new plans opened prior to this date, will retain the current interest rates. No additional details regarding the new rates or the reasons for the change were provided.
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WhiteBIT is a cryptocurrency exchange platform that offers basic, spot, margin, and futures trading for a wide selection of cryptocurrencies and several fiat currencies. Key features include fixed commissions, leverage options for futures and margin trading, a TradingView-powered web terminal, a mobile app, and investment opportunities through Crypto Lending. For further information, refer to the broker profile on Traders Union.
For more context, our earlier news about WhiteBIT covered their Q&A livestream event with Young Platform, where users could participate in creative contests and win YNG tokens; you can read more in the previous WhiteBIT update on Traders Union.