This is a general announcement and marketing communication. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Earn has adjusted the subscription cut-off time for Dual Investment and Bespoke Dual Investment from 07:59 (UTC) to 15:59 (UTC), one day before settlement day.
Note: For example, if an instrument has a settlement date on Tuesday or Friday, users can now subscribe until 15:59 (UTC) on Monday or Thursday respectively. Subscriptions made between 07:59 and 15:59 (UTC) will still earn one day's rewards.
In addition, Binance Earn is excited to launch a new promotion for Dual Investment and Bespoke Dual Investment users. All users who opt-in to the Promotion and complete eligible subscriptions to Dual Investment products during the Promotion Period will qualify for rewards.
Promotion Period: 2024-11-18 06:00 (UTC) to 2024-12-01 23:59 (UTC)
All new* and existing Dual Investment users who confirm participation here will be ranked based on their average Dual Investment subscription amount** during the Promotion Period. As per the rewards structure below, eligible users who are ranked amongst the top 80 can receive up to 2,500 USDC in token vouchers.
Note:
*New Dual Investment users are defined as users who have not subscribed to Dual Investment products or Bespoke Dual Investment products before 2024-11-18 06:00 (UTC).
**Average Dual Investment Subscription Amount (Including Dual Investment and Bespoke Dual Investment) = Total Subscription Amount during Promotion Period * (Duration / 30 days)
Rewards Structure:
All new Dual Investment users who confirm participation here and make their first subscriptions of $10 to $2,500 equivalent to Dual Investment products during the Promotion Period are eligible for rewards.
Eligible users will earn an extra 30% top-up* on the APR of their subscriptions, which will be distributed in USDC token vouchers.
Note:
This promotion is only available to new Dual investment users.
Only subscriptions with a settlement date no later than 2024-12-05 and with an APR no higher than 50% will count as eligible subscriptions.
Only first-time subscriptions that are worth $10 to $2,500 equivalent will count as eligible subscriptions. Users who subscribe more than $2,500 equivalent will only receive the extra 30% reward top-up on their first $2,500 worth of subscription.
About Dual Investment
Dual Investment is a high-yield structured financial product that allows users to buy or sell cryptocurrency at their desired price and date in the future, while earning rewards no matter which direction the market goes. Learn more about Dual Investment here.
Terms and Conditions:
Users must complete KYC and click the [Register Now] button to successfully participate in the Promotion and be eligible for any rewards.
Sub-accounts will not be considered as individual participants.
Once subscribed to Dual Investment, users cannot cancel the subscription or redeem their assets early.
Reward Calculation Examples:
If new user A invests 2,500 USDC in BTC-USDC Buy Low with a duration of 15 days and APR of 50%, the boosted reward is calculated as: 2,500*50%*30%* (15/365) = $15.4110
If new user B invests 0.02 BTC in BTC-USDC Sell High with a duration of 15 days and APR of 50% when BTC price is $90,000, the boosted reward is calculated as: 0.02*90,000*50%*30%*(15/365)= $11.0958
Rewards will be distributed within 14 days after the campaign conclusion. Users will be able to log in and redeem their token voucher rewards via Account > Rewards Hub.
The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.
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 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 at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all Participants shall be bound by these amendments.
Additional promotion terms and conditions can be accessed here.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2024-11-18
USDC is an e-money token issued by Circle Internet Financial Europe SAS (https://www.circle.com/). USDC’s whitepaper is available here. You may contact Circle using the following contact information: +33(1)59000130 and EEA-Customer-Support@circle.com.
Holders of USDC have a legal claim against Circle SAS as the EU issuer of USDC. These holders are entitled to request redemption of their USDC from Circle SAS. Such redemption will be made at any time and at par value.
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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. For Dual Investment products, your return is fixed at the Deposit Currency APR, which refers to cryptocurrency rewards in the Deposit Currency, not actual or predicted returns in fiat or the Target Currency. You may be better off holding your cryptocurrency, and may be required to trade at a rate less favourable than the market rate on the Settlement Date. Not financial advice. For more information, see our Terms of Use and Risk Warning.
