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

Hello Binancian:

Binance Simple Earn is pleased to announce the launch of a promotion for USDC Flexible Products. Users who subscribe to USDC Flexible products on Simple Earn can enjoy an exclusive 4% tiered bonus APR in addition to real-time APR rewards (approximately 3%).

Promotion: Enjoy up to 4% Tiered Bonus APR with USDC Flexible products

  • Promotion period: from July 2, 2024 at 00:00 (UTC) to July 15, 2024 at 23:59 (UTC)

  • Subscription Format: Complete subscriptions on a first-come, first-served basis according to the following terms.

  • Payment of rewards: 

    • Tiered Bonus APR – Distributed to users' Spot wallets daily.

    • Real-time APR: Earns and accumulates directly in users' Earn wallets every minute.

Products offered (Flexible Products)

digital asset

Duration

APR during promotion period

Minimum subscription limit per user

Maximum subscription limit per user

Flexible

Level 1

Level 2

0.1 USDC

Unlimited

0.1 - 500 USDC

> 500 USDC

Real-time APR

(aprox. un 3%)

4% 

Tiered Bonus APR

Real-time APR

(aprox. un 3%)

Terms and Conditions

  • Please refer to Binance Simple Earn Terms and Conditions before using any product on the Binance Simple Earn platform.

  • Rewards:

    • The Tiered Bonus APR is offered as an additional reward to the Real-Time APR. Upon subscription, Tiered Bonus APR rewards start accruing the next day starting at 00:00 (UTC). Reward distribution will begin the next day after accumulation starts, between 00:00 (UTC) and 08:00 (UTC), and will be deposited into the user's Spot wallet.

    • All users holding open USDC Flexible product positions will receive real-time APR rewards and tiered bonus APR during the promotion period. After the promotion ends, users will only be entitled to receive the real-time APR rewards. 

    • Tiered bonus APR rewards are calculated based on amounts subscribed and are subject to the applicable tier cap for each token. See FAQ for details.

  • Users can view their Flexible product assets via Wallets > Earn > Simple Earn > Flexible.

  • Refund time for subscriptions to Flexible products: Instant. 

  • Binance reserves the right to disqualify, in its reasonable opinion, any participant who acts fraudulently or fails to comply with the applicable Terms and Conditions.

  • Binance reserves the right to cancel or modify the Promotion or the Promotion Rules at its sole discretion.

  • You can access the additional terms and conditions of the promotion here.

  • There may be discrepancies between the translated version and the original English version. If they exist, consult the original version for the most recent or most accurate information.

Thanks for your support!

The Binance Team

2/7/2024