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Hello Binancians,

Binance Simple Earn is pleased to announce the promotion for Simple Earn USDC Flexible Products! During the promotion period, users who sign up for Simple Earn USDC Flexible Products will be eligible to enjoy 7% Tier Bonus APR in addition to Real-Time APR rewards.

Promotion period: from 21:00 on 01/02/2025 (BRT) until 20:59 on 01/17/2025 (BRT)

Enjoy 7% Tier Bonus APR Rewards with USDC Flexible Products

  • Registration Format: Complete the registration on a first-come, first-served basis according to the terms below.

  • Reward Distribution:

    • APR Bonus by Tier: distributed daily to users’ Spot Wallets. The first reward will be distributed the day after the accumulation begins (two days after enrollment).

    • Real-Time APR: Accumulated directly into users' Earn Wallets every minute.

Product Offered

Digital asset

Duration

APR during the promotion period

Minimum registration limit per user

Max. registration limit per user

USDC

Flexible

Real-Time APR

(approx. 3.5%)

+

7% APR Bonus per Tier

(Level 0 - 500 USDC)

0.1 USDC

Unlimited

How to get started with USDC Flexible Products:

  1. Users can purchase USDC on the Buy Crypto page, which accepts payment methods including Visa and Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also deposit USDC into Binance accounts.

  2. Go to [Simple Earn] and search for USDC.

  3. Select Flexible and sign up for Simple Earn's USDC Flexible Products to start earning rewards!

Start earning now!

Terms and Conditions:

  • 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. 

  • Rewards:

    • 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 USDC 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. Please see the FAQ for more details.

    • APR rewards are distributed using Binance’s own funds and are determined based on an assessment of prevailing market conditions. This promotion is not associated with the USDC issuer in any way.

  • The assets you deposit into Simple Earn can be lent to other Binance users (e.g. Margin and Crypto Lending products).

  • A large number of redemption requests may temporarily delay redemption. Redemptions may resume once liquidity returns.

  • Users can view their Flexible Products assets by going to Wallet > Earn > Simple Earn.

  • Redemption time for Flexible Product subscriptions: instant.

  • 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

03/01/2025

Disclaimer: USDC is an electronic money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). The USDC whitepaper is available here. You can contact Circle using the following contact information: +33(1)59000130 and EEA-Customer-Support@circle.com.

USDC holders have a legal claim against Circle SAS as the issuer of USDC in the EU. These holders have the right to request redemption of their USDC from Circle SAS. This redemption will be made at any time and at nominal value.