Binance, a leading cryptocurrency exchange, has added WOO (WOO) to its Simple Earn Locked Products. Users can now subscribe from November 21, 2024, and earn rewards by participating in these products. The subscription operates on a first-come, first-served basis, with specific minimum and maximum limits.
The duration of the subscription determines the annual percentage rate (APR) rewards users can earn. To start earning with WOO Locked Products, users must first acquire WOO tokens through Binance’s Spot Market or the Buy Crypto page. Once acquired, users can proceed to the Earn section on Binance, search for WOO, select the desired duration, and subscribe to begin earning up to 3.5% APR daily.
Users can manage their Locked Products through the Wallets section on Binance, and the unlock period for these products is one day. In cases of early redemption, assets are typically returned to the user’s Spot Account within 72 hours, although delays may occur under exceptional circumstances. Binance advises users to refer to the English version of the announcement for the most accurate information and reserves the right to amend or cancel the announcement without prior notice.
Digital asset investments carry risks, and the value of assets can fluctuate. Binance does not guarantee specific rewards or returns over time, and users are responsible for their investment decisions.
Source
<p>The post Binance Launches WOO Locked Products for Earn Rewards first appeared on CoinBuzzFeed.</p>
