This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Eligible new Binance users from the Middle East, North Africa, and South Asia regions (MENASA) who have never subscribed to Simple Earn Flexible Products before 2024-10-07 23:59 (UTC) can enjoy up to 10% APR on DOGS Simple Earn Flexible Products.
Promotion Period: 2024-10-08 00:00 (UTC) to 2024-10-21 23:59 (UTC)
It may take up to 24 hours before newly registered users can see and subscribe to the special offer.
Subscription Format: Complete subscription on a first-come, first-served basis
Reward Payout:
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.
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 rewards are 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 subscribe to Simple Earn Flexible Product special offers will receive both Real-Time APR and Bonus Tiered APR rewards for up to 5 days during the Promotion Period.* Before the Promotion ends, users can enjoy the Special Offer within the 5 days after the first subscription. Redemption within the 5-day duration will terminate the reward accrual of the Bonus Tiered APR rewards from the redemption day. After the Promotion ends, users will only be entitled to Real-Time APR rewards.
Example: New User A subscribes to DOGS Flexible Product on 2024-10-11 and redeems on 2024-10-14 and re-subscribes on 2024-10-15. As Bonus Tiered APR rewards will accrue on 2024-10-12, 2024-10-13, and 2024-10-16 and be distributed on 2024-10-13, 2024-10-14, and 2024-10-17.
Bonus Tiered APR constitutes “Bonus Tiered Rewards”, which 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.
Users can view their Flexible Products assets by going to Wallets > Earn > Simple Earn > Flexible.
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
2024-10-08
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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.
