This is a general advertisement and marketing communication. The products and services mentioned herein may not be available in your region.
Caros Binancers,
To celebrate the end of the year, Binance Simple Earn is excited to announce a new round of Simple Earn Special Stablecoins! During the Promotion Period, eligible users can enjoy 16.2% APR rewards on FDUSD Fixed Rate Locked Products and 7% Tier Bonus APR rewards on EURI Flexible Products, in addition to Real-Time APR rewards!
Enjoy up to 16.2% APR on FDUSD products and 7% APR on EURI products on Simple Earn
Promotion Period: 12/17/2024 9:00 PM (BRT) to 12/31/2024 8:59 PM (BRT)
Registration Format: Complete the registration on a first-come, first-served basis according to the terms below.
Reward Distribution:
Real-Time APR: Accumulated directly into users' Earn Wallets every minute.
APR Bonus by Tier: distributed daily to users' Spot Wallets.
APR of Blocked Products: distributed daily to users' Spot Wallets.
Products offered (Simple Earn Products):
How to Get Started:
Buy FDUSD or EURI on the Spot Market or the Buy Crypto page, which supports payment methods including Visa and Mastercard cards, Apple Pay, Google Pay, and wallet balances. Users can also deposit FDUSD or EURI into their Binance account.
Go to [Simple Earn] and search for FDUSD or EURI.
Select 14 days and enroll in FDUSD Locked Products to start earning 16.2% APR, or select Flexible and enroll in EURI Flexible Products to enjoy 7% Bonus APR per Tier!
Sobre a Binance Simple Earn:
Binance Simple Earn allows users to earn daily rewards through digital asset deposits with flexible or locked terms. Users can subscribe to or redeem Simple Earn assets at almost any time, thus maintaining great flexibility and liquidity over their assets while earning daily rewards.
Notes:
Changes to the Simple Earn Rewards Rate will be published on the platform from time to time. Please refer to Binance Simple Earn Terms and Conditions and Risk Warning for more information before using Simple Earn.
Binance Simple Earn will redeem the digital assets/currencies locked in Simple Earn Locked Product subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.
APR Rewards:
Fixed Rate Locked Products:
The Fixed APR will remain the same throughout the Simple Earn Lock Period. Any available changes to the APR will only apply to new FDUSD Locked Product users' signups and not to existing signups.
Reward calculation period: from 00:00 (UTC) of the day following the completion of registration for Locked Products, until the end of the registration period.
Early Redemption: Users can redeem locked assets early, but all earned rewards will be forfeited. Assets are typically returned to users’ Spot Wallets within 72 hours of the redemption request. However, delays may occur due to exceptional circumstances such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. Please refer to our Terms and Risk Disclaimer for more details.
Flexible Products:
Tier Bonus APR is offered as an additional reward on top of Real-Time APR. After enrolling, Tier Bonus APR rewards will begin accruing the following day starting at 00:00 UTC (i.e. 00:00 UTC on the same day of enrollment). Rewards will begin to be distributed the following day after they begin accruing, between 00:00 UTC and 05:00 UTC to the user’s Spot Wallet.
All users who have open positions for EURI 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.
APR rewards are distributed from Binance’s own funds and are determined based on the assessment of prevailing market conditions. This Promotion is not associated with the issuer of FDUSD or EURI in any way.
Assets deposited by users on Simple Earn can be lent to other Binance users (e.g. Margin and Crypto Lending products).
Users can view their Simple Earn Product subscriptions by navigating to Wallet > Earn > Simple Earn.
Unlock period:
Flexible Products: instant.
Blocked Products: one day.
For more information: Simple Earn Locked Products and Simple Earn Flexible Products.
Binance reserves the right to disqualify any participant who tampers with the Binance program code or interferes with the operation of the Binance program code with other software.
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.
There may be discrepancies between the original English content and any translated versions. Please refer to the original English version for the most accurate information should any discrepancies arise.
Thank you for your support!
Binance Team
18/12/2024
Disclaimer: EURI is an electronic money token issued by Banking Circle S.A (https://www.bankingcircle.com/). The EURI whitepaper is available here. You can contact Banking Circle using the following contact information: +44 (0)7867254482 and clientservices@bankingcircle.com.
EURI buyers can exchange their EURI for the nominal value of funds denominated in the official currency that the EURI is referencing (EUR) for the monetary value of EUR held by Banking Circle for the EURI buyer.
