This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Simple Earn is adding WOO (WOO) on Locked Products. Complete subscriptions to WOO Locked Products from 2024-11-21 10:00 (UTC) to start earning rewards.

Mechanism on WOO Locked Products

  • Subscription Format*: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply, and will impact the amount of APR rewards users receive. Refer to the table below and the notes in this announcement for more details.

  • Reward Calculation Period: From 00:00 (UTC) on the day after an eligible subscription to Locked Products is completed, until the end of the subscription period.

  • Rewards Distribution: On a daily basis.

Offered Products (Locked Products)

Digital Asset

Duration

Standard APR

Min. Subscription Limit per User

Max. Subscription Limit per User

WOO

30 days

1.2%

1 WOO

500,000 WOO

60 days

2.19%

1 WOO

250,000 WOO

120 days

3.5%

1 WOO

5,000 WOO

How to Get Started with WOO Locked Products

  1. Buy WOO on the Spot Market, or via the Buy Crypto page, which supports payment methods including Visa and Mastercard cards, Apple Pay, Google Pay, and wallet balances. Users can also deposit WOO to their Binance account. 

  2. Head to [Earn], and search for WOO.

  3. Select Duration, and subscribe with WOO to start earning up to 3.5% APR daily!

Subscribe Now!

Please note:

  • Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.

  • Unlock period for Locked Products: One day.

  • Locked Products FAQ.

  • For early redemption of Simple Earn Locked Products, assets are generally returned to your Spot Account within 72 hours after the redemption request. However, delays may occur due to exceptional circumstances such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on associated risks, please refer to the risk warning.

  • There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Thank you for your support!

Binance Team

2024-11-21