Last updated: 17 Feb 2025
You can subscribe to Binance Simple Earn Flexible Products at any time on the Simple Earn platform and start earning rewards every minute.
Assets subscribed to Simple Earn Flexible Products can also be used as collateral for Binance Flexible Loan. These collateral assets will continue to earn Real-Time APR rewards, but not Bonus Tiered APR rewards or airdrops. To learn more about Binance Flexible Loans, please refer to What is Binance Flexible Loan and Frequently Asked Questions.
Binance Simple Earn Flexible Product assets can also be used in Binance Pay. You can send your Flexible Product assets to other Binance users via Binance Pay. To learn more about this new function, please refer to How to Send Crypto from Simple Earn Flexible Account via Binance Pay.
*Binance Pay Terms and Conditions apply.
Subscribing to Simple Earn Flexible Products provides liquidity to Binance’s business units for operational purposes, including lending Simple Earn assets to other users via Margin and Loan products. The interest from these products generate yield, which is distributed to you as Simple Earn Flexible Product APR rewards.
We aim to keep a portion of each liquidity pool available for redemptions by setting utilization limits on each token, while maintaining balance in liquidity pools. Nonetheless, a large amount of redemption requests for a specific token may lead to temporary shortages in available balances. In these cases, redemptions can resume once borrowers repay their loans or when additional liquidity is provided by other users. Rest assured, your assets remain safe and secure.
We strive to ensure smooth transactions. However, please be aware that even if liquidity pool balances are available for redemptions, your assets on Simple Earn may not be immediately redeemable due to real-time demand and supply dynamics from time to time. Binance will not be held liable for any losses resulting from delays in processing redemption requests for Simple Earn Flexible Products. For more information, please refer to Simple Earn Terms and our Risk Warning.
Subscriptions are immediate; your assets will be transferred from your Spot Account to your chosen product upon confirmation.
Once you submit a redemption request, your Flexible Product assets will be processed and returned to your Spot Account immediately. You’ll continue to earn Real-Time APR rewards until the moment of redemption.
Please note that Simple Earn Flexible Product assets used as collateral in Binance Flexible Loan cannot be redeemed. You must first repay the loan and release these assets from collateralization before redeeming them.
Daily redemption limits apply to each Flexible Product and are subject to change at any time. The availability of redemptions or delays in processing requests can be due to various factors, including but not limited to:
BNB Flexible Product, previously known as BNB Vault, is a Simple Earn Flexible Product that allows users to earn multiple rewards from the Binance ecosystem with a single subscription. This means you can enjoy not only APR rewards but also additional token rewards from Launchpool projects and HODLer Airdrop.
For eligible users, when you subscribe to BNB Flexible Product, your BNB deposits will automatically participate in Launchpool projects. You can manually claim your Launchpool rewards from the Launchpool BNB Pool every hour. Any unclaimed rewards will be automatically distributed to your Spot Account after the Launchpool session ends. If there are more than one Launchpool projects running simultaneously, your BNB assets in the BNB Flexible Product will be equally split and allocated to each project, unless otherwise specified.
You can view your history Launchpool Rewards in the Product Rule Page by the following steps:
1. Log in to your Binance account.
2. Navigate to the [Earn] page.
3. Select "BNB Flexible Products".
4. On the product details page, click on [View All Launchpool Historical Rewards] to see your past Launchpool reward records.
Please note that this applies only to users who reside in countries or regions where participation in Binance Launchpool projects is permitted.
The Auto-Subscribe function enables your idle assets in the Spot Account to automatically subscribe to Simple Earn products or renew your Locked Product subscriptions with the same duration, upon expiry.
You can enable Auto-Subscribe for Flexible Products from the subscription pop-up or your Earn Account. Simply toggle the [Auto-Subscribe] button next to the product to activate it. You may also manage the settings in bulk under [Auto-Subscribe Setting]. For more details, please refer to What Is Auto-Subscribe?.
Please note:
Rewards for Flexible Products consist of two types: Real-Time APR Rewards and Bonus Tiered APR Rewards.
Real-Time APR provides a live indication of the rewards you can earn and is subject to change every minute. This APR applies to the total amount you deposit in each Flexible Product. Real-Time APR rewards are accrued and directly accumulated in your Earn Account every minute, rounded to eight decimal places. As a result, your Flexible Product balance for each token will increase over time.
Please note that you won’t see distribution records since these rewards are not distributed to your Spot Account. You can refer to your Simple Earn History for a daily record of the Real-Time APR rewards earned.
For example, if you subscribe with 2,000 ABC tokens at a current Real-Time APR of 2.09%, you’ll earn 2,000 ABC * 2.09%/365/24/60 = 0.00007952 ABC in the next minute. Therefore, your Flexible Product balance in the next minute will be 2,000.00007952 ABC.
Bonus Tiered APR is a special offer available for selected Flexible Products. Rewards are calculated based on a tiered rate structure, offering different levels of APR levels based on the amount of assets deposited. This APR can change daily. The published Bonus Tiered APR on our website indicates the potential rewards you may receive while subscribed to Flexible Products, and daily rewards may vary according to changes in the published rate.
The calculation of Bonus Tiered APR rewards will be based on the snapshot of your Flexible Product on the previous day, which will be taken randomly at 00:00 - 23:59 UTC+0. This means Bonus Tiered APR rewards start accruing the day after your subscription is made, starting at 00:00 UTC. And you’ll begin receiving these reward distributions in your Spot Account the day after accrual starts (two days after subscription) between 00:00 UTC and 08:00 UTC.
For example, if you subscribe with 2,000 ABC tokens on day 1 at a Bonus Tiered APR of 5% on the first 500 ABC tokens, you’ll start accruing interest starting from day 2 at 00:00 UTC. After accruing interest on the first day, you’ll receive 500 ABC * 5%/365 = 0.06849 ABC tokens on day 3.
For more information about Simple Earn, please refer to the following guides:
Note:
This document may have been translated and published in different languages. If inconsistency, misstatements, omissions, or errors appear in any translated version, the English version shall prevail.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.
