This is a general announcement and marketing communication. The products and services mentioned here may not be available in your region.

Dear Binance Community,

To meet high demand from users, Binance Simple Earn is pleased to announce a new round of special offers for Stablecoins on our Simple Earn! During the program, eligible users can enjoy a reward APR of 16.2% with Fixed Rate FDUSD Product and tiered reward APR of 7% with Flexible EURI Product alongside real-time APR rewards!

Enjoy APR up to 16.2% with FDUSD Simple Earn Products and 7% APR with EURI Simple Earn Products

  • Program duration: 07:00 on 20/11/2024 (Vietnam Time) - 06:59 on 04/12/2024 (Vietnam Time)

  • Registration mechanism: Registration is completed on a first-come, first-served basis under the terms below.

  • Reward allocation:

    • Real-time APR: Accumulated directly in the user's Earn Wallet every minute.

    • Tiered reward APR: Allocated daily to the user's Spot Wallet.

    • Fixed Product APR: Allocated daily to the user's Spot Wallet.

Products available (Simple Earn Products):

Digital assets

Fixed term

APR

Minimum registration limit per user

Maximum registration limit per user

Total Registration Pool

EURI

Flexible

Real-time APR

+

Tiered reward APR 7%

(0.1 - 500 EURI)

0.1 EURI

1,000,000 EURI

300,000,000 EURI

FDUSD

14 days

16.2%

(Fixed rate)

0.1 FDUSD

1,000 FDUSD

15,000,000 FDUSD

How to participate

  1. Buy FDUSD or EURI on Spot Market or Buy cryptocurrency using supported payment methods including Visa and Mastercard, Apple Pay, Google Pay, and wallet balance. Users can also deposit FDUSD or EURI into their Binance accounts.

  2. Go to [Simple Earn] and search for FDUSD or EURI.

  3. Select 14 days and subscribe to the Fixed FDUSD Product to start earning 16.2% APR or choose Flexible and subscribe to the Flexible EURI Product to enjoy tiered reward APR of 7%!

Register now!

Introduction to Binance Simple Earn:

Binance Simple Earn allows users to earn daily rewards by depositing digital assets for fixed or flexible terms. Users can subscribe or withdraw assets from Simple Earn almost anytime, maintaining both flexibility and high liquidity for their assets while earning daily rewards.

Note:

  • Changes to Simple Earn reward rates will be announced on the Platform over time. Please refer to Terms and Conditions of Binance Simple Earn and Risk Warning for more information before using Simple Earn.

  • At the end of the agreed subscription period, Binance Simple Earn will convert locked digital assets in the Simple Earn fixed product subscriptions into Simple Earn flexible products.

  • APR Rewards:

    • Fixed Rate Product:

      • Fixed APR will remain constant throughout the entire Simple Earn fixed term. Any changes to the APR will only apply to new Fixed FDUSD Product subscriptions and will not affect existing user subscriptions.

      • Reward calculation period: From 07:00 (Vietnam Time) on the day the user subscribes to the Fixed Product until the end of the subscription period.

      • Early withdrawal: Users may withdraw locked assets early, but all rewards received will be forfeited. Assets are typically returned to the user's Spot Wallet within 72 hours from the time the withdrawal request is submitted. However, the asset return process may be delayed due to special circumstances such as severe market volatility, network outages, protocol errors, or a high volume of simultaneous withdrawal requests. Please see our terms and risk warnings for more details.

    • Flexible Product:

      • Tiered APR rewards are offered as additional rewards on top of real-time APR. After subscribing, tiered APR rewards begin to accumulate the next day from 07:00 (Vietnam Time). Rewards will start to be allocated the following day, after accumulating from 07:00 (Vietnam Time) to 15:00 (Vietnam Time) into the user's Spot Wallet.

      • All users holding open positions for the Flexible EURI Product will receive both real-time APR rewards and tiered APR rewards during the program. After the Program ends, users will only receive real-time APR rewards.

      • Daily tiered APR rewards are calculated based on the subscribed amount and follow the corresponding tier limits for each token.

    • Daily APR rewards are allocated from Binance's own fund and are determined based on market conditions at that time. This program is not associated with the issuer of FDUSD/EURI in any way.

  • User assets deposited into Simple Earn may be lent to other Binance users (e.g., crypto loan and margin products).

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

  • Unlocking period:

    • Flexible Product: Instant.

    • Fixed Product: One day.

  • For more information: Simple Earn Fixed Product and Simple Earn Flexible Product.

  • Binance reserves the right to disqualify any participant who interferes with Binance's program code or disrupts the operation of Binance's program code with other software.

  • Based on its assessment, Binance reserves the right to disqualify participation if a user engages in fraudulent behavior or fails to comply with any current terms and conditions.

  • Binance reserves the right to cancel or modify the program or program rules.

  • Additional terms and conditions of the Program can be found here.

  • There may be discrepancies between the original English version and translations. Please refer to the original English for the most accurate information in case of any discrepancies.

Thank you for your support!

Binance Team

20/11/2024

Disclaimer: EURI is a cryptocurrency 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 at par value to receive the valuation amount in the official currency to which EURI is pegged (EUR), based on the EUR currency value held by Banking Circle for them.