This announcement is general in nature. Products and services mentioned herein may not be available in your area.
Halo Binancian,
Binance Simple Earn is excited to launch two promotions for Simple Earn Self Chain (SLF) Flexible Products and Locked Products! During the Promotion Period, users who subscribe to Simple Earn SLF Products can enjoy an exclusive Tiered APR Bonus of 5% on SLF Flexible Products and up to 18.9% APR rewards on SLF Locked Products. In addition, the first 400 eligible users will receive a reward of 50 SLF!
Promotion Period: 09-17-2024 at 07.00 WIB to 12-16-2024 at 06.59 WIB
Promotion A: Enjoy Reward APR Up to 18,9% with Simple Earn SLF Product
Subscription Format: Complete subscriptions on a first-come, first-served basis as per the terms below.
Reward Distribution:
Tiered APR Bonus: Distributed to users' Spot Wallets daily.
Real-Time APR: Collected and instantly accumulated in the user's Earn Wallet every minute.
Locked Product APR: Distributed to users' Spot Wallets daily.
Products Offered (Flexible and Locked Products)
Promotion B: Subscribe to Simple Earn SLF Product to Get 50 SLF Reward
During the Promotion Period, all eligible users who subscribe to the 90-day SLF Locked Product with a minimum of 30 SLF will be ranked based on subscription time. The first 400 users will be eligible to receive a token voucher reward worth 50 SLF each!
How to Get Started with SLF Flexible and Locked Products:
Buy SLF 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 SLF into their Binance account.
Visit [Simple Earn], then search for SLF.
Select FLEXIBLE or 90 Days, then subscribe to SLF Flexible Products or SLF Locked Products to start earning rewards!
Terms & Conditions:
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.
Flexible Products:
Tiered APR Bonus is offered as an additional reward in addition to Real-Time APR. After subscribing, Tiered APR Bonus rewards start accruing the next day at 07:00 WIB. Rewards will start being distributed the next day after accrual begins between 07:00 WIB and 15:00 WIB to the user's Spot Wallet.
All users who have open positions for SLF Flexible Products will receive Real-Time APR rewards and Tiered APR Bonus during the Promotion Period. After the promotion ends, users will only be eligible for Real-Time APR rewards.
Tiered APR Bonus Rewards are calculated based on the number of subscriptions and are affected by each token's tier limit. Please read FAQ for more details.
Locked Products:
Binance reserves the right to adjust the APR at any time after the Promotion Period without prior notice.
Reward Calculation Period: Starting at 07.00 WIB on the day after you subscribe to the Locked Product until the end of the subscription period.
Binance Simple Earn will redeem digital assets/digital currencies included in the Simple Earn Locked Product subscription to Flexible Products at the end of the agreed subscription period.
Reward Voucher Token:
SLF token voucher rewards will be distributed within three weeks after the promotion ends. Users can claim their voucher rewards via Profile > Reward Hub.
All token voucher rewards will expire within 30 days of distribution. Eligible users must claim their vouchers before the expiration date. Learn how to redeem vouchers.
Users can also view the FAQs related to Simple Earn Locked Products and Simple Earn Flexible Products for more information.
Users can view their assets in Simple Earn Locked Products and Flexible Products by going to Wallet > Earn.
Redemption time for Flexible Product subscriptions: Instant.
Unlocking period for Locked Products: One day.
Regarding early redemption for Simple Earn Locked Products: Users can redeem their assets early. After choosing early redemption, the digital assets will be returned to the spot account and the user will not be eligible for any rewards (accumulated or not). The distributed rewards will be deducted from the returned principal. It will take no more than 72 hours after the end of the Simple Earn Locked Period to receive the digital assets back to the user's spot account.
Binance reserves the right to disqualify participants who tamper with Binance's program code or interfere with the operation of Binance's program code with other software.
Binance reserves the right to disqualify any participant who acts fraudulently or does not comply with the applicable terms and conditions based on reasonable considerations.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
Additional promotional terms and conditions can be accessed here.
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
16-09-2024