This is a general announcement. Products and services mentioned may not be available in your region.
Hello Binancian:
Binance Simple Earn is excited to launch a Flexible Products promotion for new users. Eligible new users who subscribe to USDC, USDT or ETH Flexible Products on Simple Earn can enjoy a tiered 11.5% APR bonus rate.
Promotion Period: From September 5, 2024 00:00 (UTC) to September 19, 2024 23:59 (UTC)
Enjoy up to 11.5% APR with Flexible USDC, USDT or ETH products on Simple Earn
Only users who have never subscribed to Simple Earn Flexible products before September 4, 2024, at 23:59 (UTC) will be eligible. Additionally, eligible users can only subscribe to one of these special Simple Earn Flexible product offers.
Subscription Format: Complete subscriptions on a first-come, first-serve basis in accordance with the terms below.
Payment of rewards:
Tiered Bonus APR: Distributed to users' Spot wallets daily.
Real-Time APR: Accrued and accumulated directly into users' Earn wallets every minute.
Simple Earn Flexible Product Special Offers (Flexible Products)
Terms and conditions:
Changes to the Simple Earn Reward Rate will be posted on the platform from time to time. Please refer to Binance Simple Earn Terms and Conditions and Risk Warning for more information before using Simple Earn.
Rewards:
The Tiered Bonus APR is offered as an additional reward to the real-time APR. Upon subscription, the Tiered Bonus APR rewards start accumulating on the next day starting from 00:00 (UTC). The reward distribution will begin on the next day after the accrual starts, between 00:00 (UTC) and 08:00 (UTC) and will be deposited into the user's Spot Wallet.
All users who subscribe to Flexible Product Special Offers on Simple Earn will receive Real-Time APR and Tiered Bonus APR rewards for up to 5 days during the promotion period. Users can renew their subscription for this offer during the promotional period, but the total maximum reward duration remains at 5 days. Final rewards will be accumulated on the promotion end date and delivered the following day. New subscriptions made on the last day of the promotion will not accrue Tiered Bonus APR rewards the following day. After the promotion ends, users will only be eligible to receive the Real-Time APR rewards.
The Tier Bonus APR constitutes the "Tier Bonus Rewards" which are calculated based on the subscribed amounts and are subject to the applicable Tier Cap for each token. Please refer to the FAQ for more details.
Users can view their Flexible product assets via Wallets > Earn > Simple Earn > Flexible.
Refund time for Flexible Product Subscriptions: Instant.
Binance reserves the right to disqualify participants who tamper with the Binance program code or interfere with the operation of the program code with other software.
Binance reserves the right to disqualify, in its reasonable opinion, any participant who acts fraudulently or fails to comply with the applicable Terms and Conditions.
Binance reserves the right to cancel or modify the Promotion or Promotion Rules at its sole discretion.
You can access the additional terms and conditions of the promotion here.
There may be discrepancies between the translated version and the original English version. In case 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
5/9/2024