This is a general notice. Products and services mentioned here may not be available in your area.

Dear Binance Community,

Binance Simple Earn is pleased to announce a Fixed Product update for IoTeX (IOTX). Complete your IOTX registration on Simple Earn Fixed Products during the promotion period to receive up to 11.9%* bonus APR!

Mechanism on IOTX Fixed Products

  • Program duration: Only registrations between 17:00 June 13, 2024 (Vietnam Time) and 16:59 July 13, 2024 (Vietnam Time) will be considered eligible. condition.

  • Registration form*: On a first-come, first-served basis. Minimum subscription amounts, maximum subscription limits, and timing requirements apply and will affect your APR. Please refer to the table below and the notes in this notice for further details.

  • Reward calculation time: From 07:00 (Vietnam Time) on the day after you complete your registration for the eligible Fixed Product until the end of the registration period.

  • Reward distribution: Daily.

Applicable products (Fixed Products)

Digital assets

Period

APR during the program period

Minimum subscription limit per user

Maximum subscription limit per user

IOTX

30 days

7,9%

1 IOTX

4.000.000 IOTX

60 days

9,9%

1 IOTX

2.000.000 IOTX

90 days

11,9%

1 IOTX

1.000.000 IOTX

How to start using IOTX Fixation Products

  1. Go to [Earn] and search for IOTX.

  2. Choose a Term and sign up for IOTX to start earning up to 11.9% APR every day!

Register now!

Note:

  • Binance reserves the right to adjust the APR at any time after the end of the Program without prior notice. Please refer to Binance Simple Earn Terms and Conditions before using any products on the Binance Simple Earn platform.

  • Binance Simple Earn will redeem the digital assets/cryptocurrencies registered in Flexible Products and Simple Earn Fixed Products when the agreed upon subscription period ends. The value of digital assets/currencies fluctuates and is subject to change.

  • Users can view their Fixed Product subscriptions by visiting Wallet > Earn > Simple Earn > Flat.

  • Users can enable the “Auto Enroll” function before completing Fixed Product registration. This function will automatically renew the existing Fixed Product position to a new position of the same term when the user's subscription expires.

  • Unlock time for Fixed Products: One day.

  • Fixed Products FAQ.

  • Regarding early withdrawal of Simple Earn Fixed Products: Users can withdraw their assets in advance. After choosing to withdraw early, the digital assets will be returned to the Spot account and the user will not be entitled to any rewards (cumulative or otherwise). Any allocated rewards will be deducted from the principal amount refunded. It may take 48-72 hours to receive your digital assets to your Spot account.

  • Please note: Incentive APRs offered by Binance are partially funded by partnerships with our token partners. This partnership allows us to offer competitive and/or higher APRs to Binance users. 

  • The translation of the article and the original English version may have differences. Please refer to the original for the latest or most accurate information if there are any discrepancies.

Thanks for your support!

Binance team

13/06/2024