Announcement
Home
Support Center
Announcement
Latest Activities
Binance Simple Earn: Complete a Quiz on UFT to Receive a Free UFT Locked Products Position!

Binance Simple Earn: Complete a Quiz on UFT to Receive a Free UFT Locked Products Position!

2023-07-28 04:00

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

Fellow Binancians,

Binance Simple Earn is excited to launch the Simple Earn UFT Quiz Promotion. The first 28,000 new Simple Earn users who read the article on UFT and complete the quiz with all the correct answers during the Promotion Period, will be eligible to each receive a free UFT Locked Products position.

Promotion Period: 2023-07-28 10:00 (UTC) to 2023-08-20 10:00 (UTC)

How to Participate

  • Step 1: Read the UniLend (UFT) - A Multichain Permissionless Lending and Borrowing Protocol” report on Binance Research

  • Step 2: Correctly answer all five questions in the quiz. Users may reattempt the quiz if they did not answer all the questions correctly.

  • Step 3: The first 28,000 new Simple Earn users will automatically receive a free 150-day UFT Locked Products position by 2023-08-25 23:59 (UTC).

Rewards Structure (Locked Products): 

Digital Asset

Principal Reward

Duration

Standard APR

UFT

1.5 UFT

150 Days

10%

Please note: Users will not be able to participate in this promotion once all rewards are distributed.

Click Here to Start the UFT Quiz

Guides and Related Materials:

Terms & Conditions:

  • Only users who complete identity verification and correctly answer all five questions in the quiz during the Promotion Period will be eligible to receive rewards.

  • UFT rewards are only available to users who have never subscribed to Simple Earn Locked Products before 2023-07-28 10:00 (UTC). UFT rewards will be automatically locked in Simple Earn Locked Products for 150 days, where users can enjoy 10% APR.

  • Please note that the rewards are only available to users who are enabled to use Binance Simple Earn products. Rewards may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.

  • Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.

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

  • For this promotion, users may not redeem their digital assets/digital currencies in advance.

  • 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.

Thanks for your support!

Binance Team

2023-07-28

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

Find us on 

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.