This is a general announcement. The products and services described here may not be available in your area.
Dear Binance Community Members,
Binance Simple Earn Launches Toncoin (TON) Fixed-Term Products. Subscribe to Simple Earn's TON Fixed-Term Products during the promotion to earn up to 5.9%* in APR rewards.
About products with fixed terms for TON
Promotion period: Participants must subscribe between 09/03/2024 13:00 and 09/23/2024 12:59 (UTC+3).
Subscription Format*: First come, first served. Minimum subscription amounts, maximum subscription limits, and subscription lengths apply and will impact APR. Sponsorship Fees. More details are available in the table below and announcement notes.
Rewards calculation period: from 03:00 (Moscow time) on the day of registration of the qualifying subscription for products with fixed terms and until the end of the subscription term.
Distribution of rewards: daily.
Available products (with fixed terms)
How to start using products with fixed terms for TON
Buy TON on the spot market or on the Buy Crypto page with a variety of payment methods, including Visa and Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also deposit TON to their Binance account.
Go to the Earn section and find TON.
Choose a term and subscribe to TON to start receiving APR up to 5.9% daily.
Note
Changes to the Simple Earn reward rate will be posted on the platform periodically. Please refer to the Binance Simple Earn Terms and Conditions and Risk Disclosure for more information before using Simple Earn.
To see assets in products with fixed terms, go to Wallet > Earn > Simple Earn > Fixed.
Unlock period for products with fixed conditions: one day.
Early Redemption of Simple Earn Fixed-Term Products: Assets are generally returned to your spot account within 72 hours of a redemption request. However, delays may occur due to exceptional circumstances such as extreme market volatility, network outages, protocol failures, or high volumes of simultaneous redemption requests. Please see our risk factors statement for more information on the risks involved.
Sponsorship rewards are funds provided by the team of the relevant protocol to Binance for the express purpose of facilitating promotional activities.
There may be discrepancies between the translation and the original English article. In this case, please read the original version of the announcement to get the most up-to-date and accurate information.
Thanks for support!
Binance Team
03.09.2024
Note: This announcement was updated on 09/03/2024 to include the standard APR for TON and possible methods of depositing funds.