This is a general notice. Products and services mentioned here may not be available in your area.
Dear Binance Community,
Binance Simple Earn has launched USDT on Fixed Product, which offers a fixed interest rate on your deposit. Complete USDT registration on Simple Earn Fixed Products from today to enjoy 8.23% APR bonus.
Products offered (Fixed Products)
Mechanism on USDT Fixed Product:
Registration form: On a first-come, first-served basis. Time limited to 14 days.
APR: The fixed interest rate will remain the same throughout the entire Simple Earn fixed term. For fixed interest rates, any changes to the APR will only apply to new USDT Fixed Product subscriptions and will not affect your existing subscriptions.
Reward calculation time: From 07:00 (Vietnam Time) after the day you register for the Fixed Product until the end of the registration period.
Reward Allocation: Daily allocation to Spot Wallet.
Early Withdrawal: Users can withdraw locked assets early but all received rewards will be forfeited. The entire balance of locked assets, minus any rewards distributed during the term, will be returned to the user's Spot Wallet within the next 48-72 hours.
How to start using USDT Pegged Products
Go to [Simple Earn] and search for USDT.
Choose 14 days and sign up for the USDT Fixed Product to start earning 8.23% APR!
About Binance Simple Earn:
Binance Simple Earn allows users to earn daily rewards by depositing digital assets for fixed or flexible terms. Users can register or withdraw assets from Simple Earn at almost any time, so they can maintain flexibility and high liquidity in their assets while also earning daily rewards.
Note:
Binance reserves the right to adjust the APR at any time without prior notice. Please refer to Binance Simple Earn Terms and Conditions before using any products on the Binance Simple Earn platform.
At the end of the agreed subscription period, Binance Simple Earn will exchange the digital assets/cryptocurrencies locked in Simple Earn fixed product subscriptions to Simple Earn flexible products.
Users can view their Fixed Product subscriptions by going to Wallet > Earn > Simple Earn > Fixed.
Assets you deposit into Simple Earn can be loaned to other Binance users (e.g. Crypto Loan and Margin products).
Large withdrawal requests may temporarily delay withdrawals. Withdrawals may resume when sufficient liquidity returns.
The translation of the article and the original English version may have differences. Please refer to the original for the latest or most accurate information if there are any discrepancies.
Thanks for your support!
Binance team
23/05/2024
