This is a general announcement. The products and services mentioned here may not be available in your region.
Hello Binancers,
Binance Simple Earn is pleased to launch a promotion for USDT on Simple Earn Flexible Products! Complete USDT sign-ups on Simple Earn Flexible Products during the promotion period to enjoy an exclusive 7% Tier Bonus APR in addition to Real-Time APR rewards (i.e. approximately 5%).
Promotion period: from 21:00 on 10/25/2023 (BRT) until 20:59 on 10/30/2023 (BRT)
Registration Format: Complete registration on a first-come, first-served basis in accordance with the terms below.
Reward Payment:
Bonus APR by Level: distributed daily to users' Spot Wallets.
Real-Time APR: accumulated directly in users' Earn Wallets every minute.
Products offered (Flexible Products)
Please note:
Please review the Binance Simple Earn Terms and Conditions before using products on the Binance Simple Earn platform.
The Tier Bonus APR is offered as an additional reward to the Real-Time APR. After signing up, Tier Bonus APR rewards begin accruing the next day from 9:00 PM (UTC). Rewards will begin to be distributed the next day, after they start accruing, between 21:00 (BRT) and 05:00 (BRT) to the user's Spot Wallet.
All users who have open positions for USDT Flexible Products will receive Real-Time APR and Tier Bonus APR rewards during the promotion period. Once the promotion ends, users will only be entitled to Real-Time APR rewards.
Bonus APR rewards per Tier are calculated based on subscribed amounts and are subject to the respective tier cap for each token (i.e. 0 - 500 USDT per user for Flexible USDT Products). Please see the FAQ for more details.
Users can view their assets in Flexible Products by going to Wallet > Earn > Simple Earn > Flexible.
Users can activate the "Automatic Enrollment" function before completing applications for Flexible Products, which allows users to automatically enroll corresponding Flexible Products using the same Spot Wallet asset.
Redemption time for Flexible Product subscriptions: instant.
Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or in breach of any applicable terms and conditions.
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.
When any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Thank you for your support!
Binance Team
26/10/2023