This announcement is general in nature. Products and services mentioned herein may not be available in your area.
Halo Binancian,
Binance Simple Earn adds Toncoin (TON) to Locked Products. Complete TON subscription on Simple Earn Locked Products during the Promotion Period to get up to 5.9% APR* rewards!
TON Locked Product Mechanism
Promotion Period: Subscription must be made between 03-09-2024 at 17:00 WIB and 23-09-2024 at 16:59 WIB to be considered an eligible subscription.
Subscription Format*: First come, first served. Minimum subscription amount, maximum subscription limit, and duration requirements apply, and will impact the amount of APR rewards a user receives. Sponsored Rewards. See table below and notes in this announcement for more details.
Reward Calculation Period: Starting at 07.00 WIB on the day after an eligible subscription for a Locked Product is completed until the end of the subscription period.
Reward Distribution: Every day.
Products Offered (Locked Products)
How to Get Started with TON Locked Products
Buy TON on âSpot Marketâ, or via the âBuy Cryptoâ page which supports payment methods including Visa and Mastercard, Apple Pay, Google Play, and wallet balances. Users can also deposit TON to their Binance account.
Go to [Earn], then search for TON.
Select a Duration, then grab a TON subscription to start earning up to 5.9% APR daily!
Please note:
Changes to the Simple Earn Reward Tier will be published on the Platform from time to time. Please read Binance Simple Earn Terms & Conditions and Risk Warning for more information before using Simple Earn.
Users can view their Locked Product subscriptions by going to Wallet > Earn > Simple Earn > Locked.
Unlocking period for Locked Products: One day.
For early redemptions of Simple Earn Locked Products, assets are generally returned to your Spot Account within 72 hours of the redemption request. However, delays may occur due to extraordinary circumstances such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on the associated risks, please read the risk factor statement.
Sponsored Rewards are contributions made by the respective protocol teams to Binance for the purpose of facilitating promotional activities.
There may be differences between the translated version and the original English version of this article. Please refer to this original version for the most current and accurate information if any differences arise.
Thank you for your support!
Tim Binance
03-09-2024
Note: This announcement was updated on 03-09-2024 to include the Standard APR for TON and possible deposit methods.