EURI Simple Earn Products: Complete Subscription to Enjoy Up to 7% APR!

This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.

Fellow Binancians,

Binance Simple Earn is pleased to launch a promotion for Eurite (EURI) Simple Earn Flexible Products! During the Promotion Period, users who subscribe to EURI Simple Earn Products may enjoy an exclusive Bonus Tiered APR of 7% on top of Real-Time APR rewards on EURI Flexible Products! 

Enjoy Up to 7% APR Rewards with EURI Earn Products

• Promotion Period: 2024-08-30 00:00 (UTC) to 2024-09-22 23:59 (UTC)

• Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.

• Rewards Distribution: 

  • Bonus Tiered APR: Distributed to users’ Spot Wallets on a daily basis.

  • Real-Time APR: Accrued and directly accumulated in users’ Earn Wallets every minute.

  • Locked Product APR: Distributed to users’ Spot Wallets on a daily basis.

Offered Products (Flexible Products)

How to Get Started with EURI Flexible Products:

1. Buy EURI on the ‘Spot Market’, or via the 'Buy Crypto' page, which supports payment methods including Visa and Mastercard cards, Apple Pay, Google Pay, and wallet balances. Users can also deposit EURI to their Binance account. 

2. Head to [Simple Earn], and search for EURI. 

3. Select FLEXIBLE, and subscribe to EURI Flexible Products to start earning 7% Bonus Tiered APR and Real-Time APR!

Terms & Conditions:

• Changes to the Simple Earn Rewards Rate will be published on the Platform from time to time. Please refer to Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn. 

• Rewards:

  • Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.

  • All users who hold open positions for EURI Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the promotion ends, users will be entitled to Real-Time APR rewards only. 

  • Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Please refer to the FAQ for more details.

  • Real-Time APR and Bonus Tiered APR rewards are distributed from Binance’s own funds, and are determined based on the assessment and evaluation of prevailing market conditions. This Promotion is not associated with the issuer of EURI in any manner.

• About EURI:

  • EURI is an e-money token issued by Banking Circle S.A (https://www.bankingcircle.com/). EURI’s whitepaper is available here. You may contact Banking Circle using the following contact information: +44 (0)7867254482 and clientservices@bankingcircle.com.  

  • EURI purchasers can exchange their EURI at par value for funds denominated in the official currency that the EURI is referencing (EUR) for the monetary value of the EUR held by Banking Circle for the purchaser of the EURI.

• Users may also view the FAQs on Simple Earn Flexible Products for more information.

• Users can view their assets on Simple Earn Flexible Products by going to Wallets > Earn.

• Redemption time for Flexible Products subscriptions: Instant. 

• Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.

• Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.

• Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.

• Additional promotion terms and conditions can be accessed here.

• There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Thank you for your support!

Binance Team

2024-08-30

Note: This announcement was amended on 2024-09-11 to update the Promotion Period end date to 2024-09-22. It was also updated on 2024-08-30 to clarify that rewards are distributed from Binance’s own funds, and this Promotion is not associated with the issuer of EURI in any manner.

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

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.