This is a general announcement. The products and services mentioned here may not be available in your region.
Caros Binancers,
Binance Simple Earn is adding WOO (WOO) on Locked Products. Complete WOO Locked Product sign-ups on or after 11/21/2024 7:00 AM (UTC) to start earning rewards.
WOO Blocked Products Mechanism
Enrollment Format*: First-come, first-served. Minimum enrollment amount, maximum limits, and duration requirements apply and will impact the amount of APR rewards users will receive. Please see the table below and the notes to this announcement for more details.
Reward calculation period: from 9:00 PM (BRT) on the day of completion of eligible registration on Locked Products, until the end of the registration period.
Reward distribution: daily.
Products offered (Blocked Products)
How to Get Started with WOO Locked Products
Buy WOO on Mercado Spot or through the Buy Crypto page, which accepts payment methods including Visa and Mastercard, Apple Pay, Google Pay and wallet balances. Users can also deposit WOO to their Binance account.
Go to [Earn] and search for WOO.
Select Duration and sign up with WOO to start earning up to 3.5% APR daily!
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.
Users can view their subscriptions to Blocked Products by going to Wallet > Earn > Simple Earn > Blocked.
Unlock period for Locked Products: one day.
For early redemption of Simple Earn Locked Products, assets are usually returned to your Spot Account within 72 hours of the redemption request. However, delays may occur due to exceptional circumstances such as high market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on the associated risks, please refer to the risk warning.
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
21/11/2024