This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance ETH Staking is pleased to launch two promotions for all ETH Staking users. Eligible users who confirm their participation and subscribe to ETH Staking during the Promotion Period can share 45,000 HOOK in Simple Earn Locked Products and get an iPhone 15 (128GB) while earning ETH Staking rewards daily.
Promotion Period: 2024-01-23 12:00 (UTC) to 2024-02-22 23:59 (UTC)
Promotion 1: Stake ETH and Share 45,000 HOOK in Simple Earn Locked Products
To qualify for Promotion 1, users are required to confirm their participation and reach a net ETH Staking subscription amount (where net ETH Staking subscription amount means the total amount of ETH staked on ETH Staking less the amount of ETH redeemed from ETH Staking) of at least 0.1 ETH during the Promotion Period.
The first 4,000 eligible users whose net ETH Staking subscription amount during the Promotion Period is less than 1 ETH, will qualify to receive 2.5 HOOK in Simple Earn Locked Products.
On top of that, the first 500 eligible users whose net ETH Staking subscription amount during the Promotion Period is at least 1 ETH, will qualify to receive 70 HOOK in Simple Earn Locked Products.
Reward Structure：
Promotion 2: Be Amongst the Top Five in the ETH Staking Competition to Get an iPhone 15 (128GB)!
All users who confirm their participation and reach a net ETH Staking subscription amount of at least 3 ETH during the Promotion Period, will be ranked by their net ETH Staking amount during the Promotion Period.
The top five eligible participants will then qualify to each receive an iPhone 15 (128GB), which will be distributed in the form of USDT token vouchers.
How to Participate in ETH Staking:
About Binance ETH Staking
Binance ETH Staking is a service that allows users to stake their Ethereum (ETH) tokens while earning rewards daily. By staking ETH on Binance ETH Staking, users will receive WBETH, a tokenized representation of users’ staked ETH and rewards.
Guides and Related Materials:
Terms and Conditions:
These promotions are only available to users who are enabled to use Binance ETH Staking, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.
Only users who complete identity verification and confirm their participation during the Promotion Period can qualify for rewards.
Each sub-account will not be viewed as an independent account when participating in this Promotion.
Rewards for Promotions 1 and 2 will be distributed within three weeks after the promotions end.
Promotion 1:
Rewards are limited and are available on a first-come, first-served basis. HOOK rewards will be automatically locked in Simple Earn Locked Products for 150 days, where users can enjoy 5% APR.
Users can view their assets on Simple Earn Locked Products by going to Wallets > Earn.
For this promotion, users may not redeem their digital assets/digital currencies in advance.
Promotion 2:
Binance will use $799 as the retail price of the iPhone 15 (128GB), as listed on the Apple US website on 2024-01-12, and reward eligible users with an equivalent amount in USDT token vouchers. The reward does not include taxes, shipping fees, or any other additional fees.
Users can login and redeem their token voucher rewards via Profile > Rewards Hub. Learn how to redeem a token voucher.
All the distributed token vouchers will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date.
Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right at any time in its sole and absolute discretion to terminate, amend and/or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending these promotions, changing the eligibility terms and criteria, the selection and number of winners, and/or the timing of any act to be done, and all participants shall be bound by any such amendments.
Additional promotion terms and conditions can be accessed here.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.
