This is a general announcement. Products and services mentioned may not be available in your region.

Hello Binancian:

Binance Simple Earn added Toncoin (TON) to Locked products. Subscribe TON to Simple Earn Locked products during the promotional period to get up to 5.9%* APR rewards.

Mechanism for Blocked TON Products

  • Promotion Period: Subscriptions must be made between September 3, 2024 at 10:00 (UTC) and September 23, 2024 at 09:59 (UTC) to be eligible.

  • Subscription format*: First-come, first-serve. Minimum subscription amount, maximum subscription limits, and duration requirements apply and will impact the amount of APR rewards each user will receive. Sponsored rewards. Please see the table below and the notes in this announcement for more details.

  • Reward calculation period: From 00:00 (UTC) on the day after completing an eligible subscription to Locked products until the end of the subscription period.

  • Reward distribution: daily.

Products offered (Blocked Products)

Digital asset

Duration

Standard APR

APR during the promotion period

Minimum subscription limit per user

Maximum subscription limit per user

TON

30 days

1.20%

2.59%

0.1 TON

50,000 TON

60 days

1.90%

3.9%

0.1 TON

20,000 TON

90 days

2.90%

5.9%

0.1 TON

200 TON

How to start using TON Locked products

  1. Buy TON on the Spot Market or via the Buy Crypto page, which supports different payment methods such as Visa and Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also deposit TON into their Binance accounts.

  2. Go to [Earn] and search for TON.

  3. Select the Duration and subscribe to TON to start earning up to 5.9% APR daily.

Subscribe now!

Please note the following:

  • Users can view their Locked product subscriptions from Wallets > Earn > Simple Earn > Locked.

  • Unlocking period for Locked products: one day.

  • Frequently Asked Questions about Blocked Products.

  • For early redemption of Simple Earn Locked products, assets are typically returned to your Spot account within 72 hours of the redemption request. However, delays may occur due to exceptional 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 see the risk factors disclosure.

  • Sponsored rewards are contributions made to Binance by the relevant protocol team for the express purpose of facilitating promotional activities.

  • There may be discrepancies between the translated version and the original English version. If there are any discrepancies, please refer to the original version for the most recent or accurate information.

Thank you for your support!

The Binance Team

3/9/2024

Note: This announcement was updated on 3/9/2024 to include TON's standard APR and possible deposit methods.