This is a general announcement. The products and services mentioned here may not be available in your region.
Dear members of the Binance community!
Binance Simple Earn Launches WOO (WOO) Fixed Products. Subscribe to fixed WOO products from 11/21/2024, 12:00 (Kyiv time) and start earning rewards.
Mechanism for fixed WOO products
Subscription format*: until places last. Minimum subscription amount, maximum subscription limit and duration requirements apply, which affect the amount of APR rewards users receive. For more information, see the table below and the notes to this announcement.
Reward calculation period: from 02:00 (Kyiv time) the day after your subscription to fixed products until the end of the subscription period.
Distribution of rewards: on a daily basis.
Offered products (Fixed products):
How to get started with WOO fixed products
Buy WOO on the spot market or on the Buy Cryptocurrencies page, which supports various payment methods, including Visa and Mastercard, Apple Pay, Google Pay and wallets. Users can also make a WOO deposit to their Binance account.
Go to the [Earn] menu and find WOO.
Choose your duration and sign up for WOO to start earning up to 3.5% APR daily!
Please note:
Changes to the Simple Earn reward rate will be posted on the Platform from time to time. For more information, please read Binance Simple Earn Terms and Conditions and Risk Warning before using Simple Earn.
Users can view their Fixed Product subscriptions by going to Wallet > Earn > Simple Earn > Fixed.
Unlock period for fixed products: One day.
In case of early redemption of Simple Earn fixed products, the assets are usually returned to your spot account within 72 hours of the redemption request. However, delays may occur due to exceptional circumstances such as extreme market volatility, network outages, protocol failures, or a large number of concurrent redemption requests. For more information about the risks involved, see the risk warnings.
There may be differences between this original English content and the translated versions. See the original English version for the most accurate information in case of discrepancies.
Thank you for your support!
Team Binance
21.11.2024