This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is launching an exclusive promotion for our African community! New users of Binance Simple Earn who complete subscriptions to USDT on Simple Earn Locked Products can enjoy a 15% boosted APR on USDT.
Promotion: Enjoy Up to 15% Exclusive Boosted APR Rewards with USDT Locked Products
Promotion Period: 2024-07-09 08:30 (UTC) to 2024-08-09 23:59 (UTC)
Offered products (Locked products)
Please note:
This promotion is only applicable to new users within the Africa region who have never subscribed to Simple Earn Products before 2024-07-09 00:00 (UTC) (excluding Nigeria)
APR: The fixed rate will remain the same through the entire Locked Simple Earn Term. For fixed rate, any available changes to the APR will only apply to your new, and not existing, USDT Locked Product subscriptions.
Reward Calculation Period: From 00:00 (UTC) on the day after you subscribe to Locked Products, until the end of the subscription period.
The assets deposited in Simple Earn may be loaned to other Binance users (e.g. Margin and Crypto Loan products).
A large amount of redemption requests might delay redemption temporarily. Redemptions may resume upon return of liquidity.
How to Get Started with USDT Locked Products:
Head to [Simple Earn], and search for USDT.
Select 14 Days, and subscribe to USDT Locked Products to start earning 15% APR!
About Binance Simple Earn:
Binance Simple Earn allows users to earn daily rewards by depositing their digital assets for flexible or locked terms. Users may subscribe to or redeem assets from Simple Earn almost at any time, thus retaining great flexibility and liquidity over their assets while earning daily rewards.
Terms & Conditions:
The promotion is only available to users who are enabled to use Binance Simple Earn Products, and may not be available or may be restricted in certain jurisdictions or regions, or to certain users, depending on legal and regulatory requirements.
Binance reserves the right to adjust APRs at any time without prior notice. Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
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 may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.
Unlock period for Locked Products: One day.
Early Redemption: Users may early redeem locked assets, but all rewards received will be forfeited. The full balance of the locked assets, minus any rewards distributed during the term, will be returned to users’ Spot Wallet within the next 48-72 hours.
For more information, please check Locked Products FAQ.
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.
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.
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
2024-07-09
Note: This announcement was amended on 2024-07-09 to clarify that the promotion period is from 2024-07-09 08:30 (UTC) to 2024-08-09 23:59 (UTC).