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

Dear members of the Binance community!

Binance Simple Earn is pleased to launch a promotion for Perpetual USDC products on Simple Earn! Users who sign up for USDC perpetual products on Simple Earn will be able to get an exclusive bonus tiered APR of 4% on top of the real-time APR.

Promotion 1: Get up to 4% Tiered Bonus APR with Perpetual USDC Products

  • Promotion period: from 03:00 05/13/2024 (Kyiv time) to 02:59 06/01/2024 (Kyiv time)

  • Subscription format: On a rolling basis, subject to the terms below.

  • Payment of rewards:

    • Bonus Tiered APR: Will be distributed to users' spot wallets on a daily basis.

    • Real-time APR: Accumulates every minute in users' Earn wallet.

Offered products (Perpetual products)

A digital asset

Duration

APR during the promotion period

Min. subscription limit per user

Max. subscription limit per user

USDC

Indefinitely

Level 1

Level 2

0.1 USDC

Unlimited

0.1-500 USDC

> 500 USDC

APR in real time

(approx. 4%)

+ 

4% 

Bonus Tiered APR

APR in real time

(About 4%)

Terms and Conditions:

  • Please read the Binance Simple Earn Terms and Conditions before using any products on the Binance Simple Earn platform.

  • Rewards:

    • The Bonus Tiered APR is offered as an additional reward to the Real Time APR. Once signed up, tiered APR bonus rewards start accruing the next day starting at 00:00 UTC. Rewards will start to be distributed the next day after accrual starts between 00:00 UTC and 08:00 UTC to the user's spot wallet.

    • All users who hold open positions in USDC Perpetual Products will receive both real-time APR rewards and bonus tiered APRs during the promotional period. After the promotion ends, users will only be eligible for real-time APR rewards.

    • The bonus tiered APR is calculated based on subscription amounts and depends on the respective tier cap for each token. See this guide for more details.

  • Users can view their assets in perpetual products by selecting Wallets > Earn > Simple Earn > Perpetual.

  • Redemption period for perpetual product subscriptions: Instant.

  • Binance reserves the right to disqualify any member who, in Binance's opinion, is acting fraudulently or not complying with the applicable terms of use.

  • Binance reserves the right to cancel or change the promotion or the rules of the promotion at its sole discretion.

  • Additional terms of the promotion can be viewed here.

  • There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.

Thank you for your support!

Binance command

13.05.2024