This is a public announcement. The products and services referenced here may not be available in your area.

Dear Binance members,

Binance is launching free staking distributions exclusively for BNB holders. Users who subscribe to Simple Earn products using BNB will receive freely distributed tokens issued by projects that have a large token inventory available for trading and that intend to list soon on Binance. 

Binance is committed to promoting a healthy and sustainable trading environment while always prioritizing the interests of our users. We take the lead in supporting small to medium projects with strong fundamentals and a large inventory of tokens available for trading. and strong organized societies. 

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How to benefit from free distributions to winners 

  • Go to [Earn], and search for BNB. 

  • Subscribe to Simple Earn products (flexible and/or reserved) using your BNB balances.

  • Binance will publish this announcement before the start of the free distributions to holders of new tokens.

  • User balances and aggregate pool balances will be logged multiple times at any time each hour to obtain the average hourly user balances on Simple Earn (Flexible and/or Reserved) products. Binance will use previous user balance records at random intervals after the announcement to calculate user rewards. 

    • For example, the bonus calculation for free distributions to winners on 06-11-2024 may use user balance registrations between 06-01-2024 and 06-07-2024 as reference values.

  • Eligible users will receive the Free Prize Spread rewards in their instant wallets within 24 hours after the Free Prize Spread is announced. 

Please note

  • Users must complete Account Verification (KYC) and be from eligible jurisdictions to participate in the Free Prize Giveaways.

  • There is a strict limit on BNB holding limit accounts per user. The limit will be announced in the announcement of each free distribution to winners. 

    • For example, a user owns 203 BNB, and the account holding limit is 200 BNB. Binance will only use 200 BNB to calculate its total reward.

  • The token distributed for free will be automatically transferred to each user's spot wallet before the token is listed on the Binance spot market.

  • If there is more than one Free Holder Distribution project operating simultaneously, users' BNB assets in Simple Earn products will be allocated to BNB tokens (flexible and reserved) for these projects unless otherwise stated.

  • Simple Earn assets BNB tokens used as collateral for Binance Loans (Flexible Rate) are not eligible for free distribution rewards to holders.

  • BNB tokens staked on Simple Earn products will still give users the standard benefits of holding BNB, such as launch pool, Megadrop eligibility, and VIP features.

  • Participation in the Giveaways for Winners is subject to eligibility based on the user's country or region of residence. 

  • There may be a discrepancy between the translated version and this original English article. In this case, please refer to the original version for the most current or accurate information about the areas giving rise to any conflict.

thanks for your support!

Binance Team

2024-06-19

Note: This announcement was last updated on 06-19-2024 to clarify the eligibility of subaccounts for free distributions to holders.