This is a general announcement and the products and services mentioned here may not be available in your area.
Dear user:
The Binance Simple Earn platform will launch a multiple repurchase activity for AMB regular products at 20:00 on November 18, 2022 (Eastern Eighth District time). You can choose from it!
Activity 1: AMB regular product subscription activities, the annualized rate can reach 39.57%, you are invited to experience it.
Event period: 20:00 on November 18, 2022 to 19:59 on November 28, 2022 (East Eighth District time)
Participation method: first come first served
Interest calculation period: from 08:00 am (East Eighth District time) on the next day after successful subscription to the end of the corresponding regular product cycle
Interest distribution: daily distribution
Product List (Subscribe Now)
Note:
The campaign interest rate is only applicable during the campaign period. After the event expires, the interest rate during the event will return to the normal annual interest rate;
Binance Simple Earn will return the purchased digital currency/digital assets to the user's spot wallet at the end of the agreed subscription period. Due to market fluctuations, the value of digital currencies/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 periodic products, users can turn on the "automatic subscription" function, and when the periodic products expire, they can automatically re-subscribe their digital assets/digital currencies for the same period of time for periodic products;
Subscription cancellation time: 1 day;
Frequently asked questions about Binance Simple Earn;
Regarding early redemption: Users can choose to redeem early. 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 will take 48-72 hours for the payment to arrive.
Activity 2: Purchase and subscribe for AMB fixed-term products, each person will win 30 US dollars equivalent in AMB
Event period: 20:00 on November 18, 2022 to 19:59 on November 28, 2022 (East Eighth District time)
During the event, users who meet both of the following conditions can participate in this event:
Achieve a net purchase amount of no less than 2,000 AMB (where the net purchase amount refers to: the total amount of AMB purchased in the Binance spot market minus the amount of AMB sold in the Binance spot market);
Subscribe for 30, 60, or 120-day AMB term products.
Binance will randomly select 500 users in accordance with the rules of the Binance Chain Block Hash Challenge, and each person will receive an AMB equivalent to $30!
Activity 3: New users of regular products will share an AMB reward equivalent to US$40,000!
Event period: 20:00 on November 18, 2022 to 19:59 on November 28, 2022 (East Eighth District time)
During the event, the first 2,000 new users who subscribe for term products for the first time (who have never used Binance Earn Token term products before the event time) and the subscription amount is no less than 1,000 AMB will be eligible to share US$40,000 according to the reward structure in the table below. Equivalent AMB rewards!
Reward list:
Activity Rules:
Before purchasing any products on the Simple Earn platform, please read the Simple Earn terms;
The AMB rewards for activities two and three will be distributed to users’ spot wallets within two weeks after the end of the activity. Click "User Center - Wallet - Distribution" to view;
Binance will reserve 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;
If the translation of this announcement is inconsistent with the original English text, the English version shall prevail.
Thank you for your support of Binance!
Binance Team
November 18, 2022
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Binance reserves the right to modify, change or cancel this announcement at any time and for any reason at its sole discretion without prior notice.
Risk warning: Digital asset prices are volatile. The value of your investment may fluctuate and you may lose the amount invested. You will be solely responsible for your investment decisions, and Binance is not responsible for any losses that may occur. Locking will return the pledged digital assets to the user's spot wallet after the end of the agreement period or early redemption. You are not entitled to rewards until they are received by Binance, and Binance does not guarantee that you will receive any specific staking rewards or receive any staking rewards over time. The APR calculation is an estimate of how much you will be rewarded for your digital asset over the selected time frame. It does not show actual or projected annualized interest rates in any fiat currency. The annualized interest rate adjusts daily, and projected earnings may differ from the actual earnings generated. This article should not be considered financial advice. Please refer to Binance Terms of Use and Risk Warning for details.
