This is a general announcement. The products and services described here may not be available in your area.

Dear Binance Community Members,

Binance Simple Earn is launching a promotion for Simple Earn products with flexible terms for Eurite (EURI)! During the promotion period, users who sign up for EURI Simple Earn products can earn an exclusive tiered APR bonus of 7% on top of the real-time APR rewards for them.

Earn rewards up to 7% in APR for EURI products on Binance Earn

  • Promotion period: from 08/30/2024 03:00 to 09/12/2024 02:59 (UTC+3).

  • Subscription Format: Subscribe on a first come, first served basis according to the terms and conditions below.

  • Distribution of rewards

    • Bonus tiered APR: rewards are paid to the user's spot wallet daily.

    • Real-time APR: Rewards are credited to your Earn wallet every minute.

    • APR for fixed term products is paid to the user's spot wallet daily.

Available products (flexible products)

Digital asset

Duration

Annual percentage yield during the promotion

Min. subscription limit per user

Max subscription limit per user

EURO

Flexible

Real Time APR

+ 

Bonus Tiered APR 7%

(0.1–1000 RAIN)

0.1 RAIN

300 000 RAIN

Products with flexible EURI conditions:

  1. Buy EURI on the spot market or on the Buy Crypto page, where payment methods include Visa and Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also deposit EURI to a Binance account.

  2. Go to the Simple Earn section and find EURI.

  3. Select Flexible and sign up for EURI Flexible products to start earning a 7% tiered bonus APR and real-time APR!

Subscribe

Terms and conditions

  • Changes to the Simple Earn reward rate will be posted on the platform periodically. Please refer to the Binance Simple Earn Terms and Conditions and Risk Disclosure for more information before using Simple Earn.

  • Rewards:

    • Bonus Tiered APR is an additional reward to the real APR. After subscribing, the bonus tiered APR will start accruing the next day from 03:00 (Moscow time). Rewards will start being distributed to spot wallets the next day after the accrual starts from 03:00 to 11:00 (Moscow time).

    • All users with open positions in EURI flexible products will receive real-time APR and bonus tiered APR rewards during the promotional period. After the promotional period, users will only be entitled to real-time APR rewards.

    • Bonus tiered APR rewards are calculated based on the amounts used for subscription and are subject to the respective tier limits for each token. Please see the FAQ for more details.

    • Rewards in the form of real-time APR and bonus tiered APR are distributed from Binance's own funds and are determined based on an assessment of prevailing market conditions. This promotion is in no way associated with the issuer of EURI.

  • Users can view their holdings in Simple Earn products with flexible terms under Wallet > Earn.

  • Subscription closure date for products with flexible terms: immediately.

  • Binance reserves the right to disqualify any participants who tamper with the Binance software code or interfere with the Binance software code using other software.

  • Binance reserves the right to disqualify any participants it reasonably believes to be fraudulent or in violation of applicable terms and conditions.

  • Binance reserves the right to cancel or amend the promotion and its rules at its sole discretion.

  • Additional terms of the promotion are available here.

  • There may be discrepancies between the translation and the original English article. In this case, please read the original version of the announcement to get the most up-to-date and accurate information.

Thanks for support!

Binance Team

30.08.2024

Note: This announcement was updated on 2024-08-30 to clarify that rewards are distributed from Binance's own funds and this promotion is not associated with the EURI issuer.