- Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.
- Reward Calculation Period: From 00:00 (UTC) on the day after completing subscription to Locked Products, until the end of the subscription period.
- Reward Payout Time: On a daily basis.
Digital Asset | Duration | Standard APR | Min. Subscription Limit per User | Max. Subscription Limit per User |
30 days | 3.89% | 0.1 COCOS | 2,000 COCOS | |
60 days | 5.59% | 0.1 COCOS | 500 COCOS | |
120 days | 16.90% | 0.1 COCOS | 100 COCOS |
- Binance Simple Earn will redeem the digital assets/digital currencies subscribed to Simple Earn Locked Products to Flexible Products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.
- Users can view their Locked Products assets by going to Wallets > Earn > Simple Earn > Locked.
- Users can enable the “Auto-Subscribe” function before completing subscriptions to Locked Products, which will automatically renew their existing Locked Products position into a new position of the same duration upon expiry.
- Redemption time for Locked Products subscriptions: One day.
- Locked Products FAQ.
- About early redemption for Locked Products subscriptions: Users can choose to redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.
- Attain a net purchase amount of 100 COCOS or more (where net purchase amount means the total amount of COCOS purchased on Binance Spot less the amount of COCOS sold on Binance Spot).
- Participate in 30, 60, or 120 days of COCOS Locked Products.
- Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
- The COCOS rewards for the Promotion will be allocated in token vouchers to eligible users within three weeks after the Promotion ends.
- Users can see their rewards by selecting Account > Reward Center. Eligible users need to redeem the voucher before it expires in 14 days after distribution.
- 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.
- Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.