This is a general notice and the products and services mentioned here may not be available in your area.
Dear User:
Binance Simple Earn is excited to launch a dual exclusive promotion for NEAR regular products! Eligible users who purchase NEAR after 20:00 (ET) on April 28, 2023, will receive daily regular income and share 34,000 NEAR rewards!
Participation method: Subscription is completed on a first-come, first-served basis according to the following terms and conditions.
Interest calculation period: from 08:00 am (GMT+8) on the next day after successful subscription to the end of the corresponding fixed product cycle
Interest distribution: daily distribution
Product List (Apply Now)
Note:
Binance Simple Earn will return the subscribed digital currency/digital assets to the user's current product at the end of the subscription period agreed upon in the fixed-term product. Due to market fluctuations, the value of digital currency/digital assets may change;
The assets of fixed-term products can be viewed in Wallet > Financial Account > Earn Coins > Fixed-term Products;
Before completing the subscription of a fixed-term product, users can enable the "Automatic Subscription" function, which will automatically re-subscribe their digital assets/digital currencies for the fixed-term product in the same period when the fixed-term product expires;
Time required for redemption of fixed-term products: 1 day;
FAQs about Binance Simple Earn;
Regarding early redemption of fixed-term products: Users can choose to redeem in advance. After early redemption, the digital assets will be returned to the user's spot account, and the interest earned will be deducted from the returned digital assets. Due to different time zones around the world, it takes 48-72 hours to arrive.
Activity 1: Purchase and subscribe to NEAR regular products to receive 5 NEAR token coupons
Event period: 20:00, April 28, 2023 to 19:59, May 12, 2023 (GMT+8)
During the event, users who meet both of the following conditions can participate in this event:
Achieve a minimum net purchase of 200 NEAR (net purchase refers to the total amount of NEAR purchased on the Binance spot market minus the amount of NEAR sold on the Binance spot market);
Apply for 30, 60, 90 or 120 day NEAR term products.
During the event, users who meet the above conditions will be ranked according to their net subscription amount (net subscription amount refers to the total amount of NEAR regular products subtracted from the amount of NEAR redeemed). The first 200 qualified users will each receive 5 NEAR token coupons!
Activity 2: NEAR Regular Product Airdrops
Event period: 08:00 on April 29, 2023 to 08:00 on May 12, 2023 (GMT+8)
During the event, users who meet the following conditions can participate in this event:
Have not used the current or fixed deposit products to earn coins before the event starts;
Users who have completed identity authentication;
Hold NEAR in a spot wallet.
Binance will take snapshots of eligible users’ NEAR holdings in spot wallets at 08:00 (ET) on April 29, 2023 and 08:00 (ET) on May 12, 2023.
The first 55,000 eligible users who hold NEAR in their spot wallets at 08:00 on April 29, 2023 (GMT+8) will each receive 0.3 NEAR periodic lock-up!
Similarly, according to 08:00 on May 12, 2023 (GMT+8), the top 55,000 eligible users of NEAR spot holdings will each receive 0.3 NEAR regular lock-up!
Note: Each eligible user can only receive one NEAR regular staking reward from Activity 2.
Activity Rules:
Before purchasing any product on the Simple Earn platform, please read the Simple Earn Terms;
Activity 1:
The NEAR event rewards for Event 1 will be distributed in the form of token coupons to eligible users’ card and coupon centers within three weeks after the event ends. Users can click “User Center - Card and Coupon Center” to view;
The token voucher will expire 14 days after the card is issued, and the winner must complete the redemption before the expiration date; please refer to the redemption method.
Activity 2:
The NEAR event rewards for Event 2 will be automatically distributed to eligible users in the form of regular lock-up within three weeks after the event ends. The 0.3 NEAR airdrop reward is a 150-day regular product lock-up with an annualized lock-up interest rate of 10%. Please note that airdrop rewards cannot be redeemed in advance. Users can click "Wallet > Financial Account > Earn Coins > Regular Products" to view;
Each eligible user can only receive one NEAR regular lock-up reward from Activity 2;
After the regular lock-up expires, the digital assets/digital currencies used for subscription will be automatically subscribed for current products.
Binance reserves the right to immediately disqualify any participant who exhibits fraudulent behavior or fails to comply with any applicable terms and conditions;
Binance reserves the right to cancel or modify the event or event rules;
Click to view more event reward terms;
In the event of any discrepancy between the translation of this announcement and the English original, the English version shall prevail.
Thank you for your support!
Binance Team
April 28, 2023
