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 Announces Fixed Product Update MANTRA (OM). Subscribe to OM fixed products on Simple Earn during the promotion period to get up to 19.9% ​​APR* in rewards!

Mechanism for fixed OM products

  • Promotion Period: Subscriptions must be made from 13:00 01/05/2024 (Kyiv time) to 12:59 09/30/2024 (Kyiv time) to be considered eligible.

  • Subscription format*: until places last. Minimum subscription amount, maximum subscription limit and duration requirements apply, which will affect your APR. For more information, see the table below and the notes to this announcement.

  • Reward calculation period: from 02:00 (Kyiv time) the day after your subscription to fixed products until the end of the subscription period.

  • Distribution of rewards: on a daily basis.

Featured Products (Fixed Products)

A digital asset

Duration

APR during the promotion period

Min. subscription limit per user

Max. subscription limit per user

OM

30 days

12,9%

1 OM

50,000 OM

60 days

15,9%

1 OM

10,000 OM

90 days

19,9%

1 OM

2000 OM

How to get started with fixed OM products

  1. Go to the [Earn] menu and find OM.

  2. Choose your duration and sign an OM to start earning up to 19.9% ​​APR daily!

Subscribe now!

Please note:

  • Binance reserves the right to adjust the APR at any time after the promotional period without prior notice. Please read the Binance Simple Earn Terms and Conditions before using products on the Binance Simple Earn platform.

  • Binance Simple Earn will redeem digital assets/digital currencies subscribed to Simple Earn Fixed Products and transfer them to Simple Earn Perpetual Products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.

  • Users can view their Fixed Product subscriptions by going to Wallet > Earn > Simple Earn > Fixed.

  • Users can activate the "Automatic Subscription" feature before subscribing to fixed products, which will automatically extend their existing fixed product position to a new position of the same duration after expiry.

  • Unlock period for fixed products: One day.

  • Frequently asked questions about fixed products.

  • About Early Redemption for Simple Earn Fixed Products: Users can redeem their assets early. After choosing to redeem early, digital assets will be returned to the spot account and users will not be entitled to rewards (accrued or otherwise). Distributed rewards will be deducted from the refunded principal amount. The return of digital assets to your spot account, in such a case, may take 48 to 72 hours.

  • Please note: The promotional APR offered by Binance is partially powered by our sponsorship with our token partner. This collaboration allows us to provide a competitive and/or enhanced APR for Binance users.

  • 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

01.05.2024