This is a general announcement and marketing communication. The products and services mentioned here may not be available in your region.

Hello Binancians,

To celebrate the end of the year, Binance Simple Earn is excited to announce a new round of Simple Earn Stablecoin Special Promo! During the Promo Period, eligible users can enjoy a 16.2% APR reward with FDUSD Fixed Rate Locked Product and a 7% Tiered Bonus APR reward with EURI Flexible Product in addition to the Real-Time APR reward!

Enjoy Up to 16.2% APR with FDUSD and 7% APR with Simple Earn EURI Product

  • Promotion Period: 18-12-2024 at 07.00 WIB to 01-01-2025 at 06.59 WIB

  • Subscription Format: Complete subscriptions on a first-come, first-served basis as per the terms below.

  • Reward Distribution:

    • Real-Time APR: Collected and instantly accumulated in the user's Earn Wallet every minute.

    • Tiered APR Bonus: Distributed to users' Spot Wallets daily.

    • Locked Product APR: Distributed to users' Spot Wallets daily.

Products Offered (Simple Earn Products):

Digital Assets

Locked Duration

APR

Min. Subscription Limit per User

Max Subscription Limit per User

Total Subscription Pool

EURI

Flexible

APR Real-Time 

+ 

7% Tiered APR Bonus

(0.1 - 500 EUR)

0.1 RAIN

2,000,000 RAIN

300,000,000 RAIN

FDUSD

14 days

16,2%

(Fixed Interest Rate)

0,1 FDUSD

1.000 FDUSD

15.000.000 FDUSD

How to Get Started:

  1. Buy FDUSD or EURI on Spot Market or Buy Crypto page which supports payment methods including Visa and Mastercard, Apple Pay, Google Play, and wallet balance. Users can also deposit FDUSD or EURI to their Binance account.

  2. Visit [Simple Earn], then search for FDUSD or EURI.

  3. Select 14 Days, then subscribe to the FDUSD Locked Product to start earning 16.2% APR or select Flexible, then subscribe to the EURI Flexible Product to enjoy a 7% Tiered APR Bonus!

Subscribe Now!

About Binance Simple Earn:

Binance Simple Earn allows users to earn daily rewards by depositing their digital assets for flexible or locked terms. Users can subscribe or redeem assets from Simple Earn at almost any time, maintaining high flexibility and liquidity over their assets while earning daily rewards.

Please note:

  • Changes to the Simple Earn Reward Tier will be published on the Platform from time to time. Please read Binance Simple Earn Terms & Conditions and Risk Warning for more information before using Simple Earn.

  • Binance Simple Earn will redeem digital assets/digital currencies locked in Simple Earn Locked Product subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.

  • Reward APR: 

    • Fixed Rate Locked Products:

      • The Fixed APR will not change throughout the Simple Earn Locked Term. Any changes available to the APR will only apply to new FDUSD Locked Product subscriptions of users and not to existing ones.

      • Reward Calculation Period: Starting at 07.00 WIB on the day after the user subscribes to the Locked Product until the end of the subscription period.

      • Early Redemption: Users can redeem locked assets early, but all rewards received will be forfeited. Assets are generally returned to the user’s Spot Wallet within 72 hours of the redemption request. However, delays may occur due to extenuating circumstances, such as extreme market volatility, network outages, protocol failures, or a high volume of concurrent redemption requests. Please read our terms and risk warning for more details.

    • Flexible Products:

      • Tiered APR Bonus is offered as an additional reward in addition to Real-Time APR. After subscribing, Tiered APR Bonus rewards start accruing the next day at 07:00 WIB. Rewards will start being distributed the next day after accrual begins between 07:00 WIB and 15:00 WIB to the user's Spot Wallet.

      • All users who have open positions for EURI Flexible Products will receive Real-Time APR rewards and Tiered APR Bonus during the Promotion Period. After the Promotion ends, users will only be entitled to Real-Time APR rewards.

      • Tiered APR Bonus Rewards are calculated based on the number of subscriptions and are subject to the tier limits of each token.

    • The APR reward is distributed from Binance's own funds and is determined based on the assessment and evaluation of prevailing market conditions. This promotion is not related to the FDUSD or EURI issuer in any way.

  • Assets deposited by users into Simple Earn can be lent to other Binance users (e.g., Margin Products and Crypto Lending).

  • Users can view their Simple Earn Product subscriptions by going to Wallet > Earn > Simple Earn.

  • Opening period:

    • Flexible Products: Instant.

    • Locked Product: One day.

  • For more information: Simple Earn Locked Products and Simple Earn Flexible Products.

  • Binance reserves the right to disqualify participants who tamper with Binance's program code or interfere with the operation of Binance's program code with other software.

  • Binance reserves the right to disqualify any participant who acts fraudulently or does not comply with the applicable terms and conditions based on reasonable considerations.

  • Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.

  • Additional Promotion terms and conditions can be accessed here.

  • There may be differences between the original English content and the translated versions in other languages. Please refer to the original English version for the most accurate information if any discrepancies arise.

Thank you for your support!

Tim Binance

18-12-2024

Disclaimer: EURI is an e-money token issued by Banking Circle S.A (https://www.bankingcircle.com/). EURI whitepaper is available here. You can contact Banking Circle using the following contact information: +44 (0)7867254482 and clientservices@bankingcircle.com.

EURI purchasers can exchange their EURI at par for an amount of funds denominated in the official currency EURI references (EUR) equal to the monetary value of EUR held by Banking Circle for the EURI purchaser.