This is a general announcement and marketing communication. The products and services described herein may not be available in your area.
Dear Binance Community Members,
Due to high demand, Binance Simple Earn is launching a new round of promotions for Simple Earn flexible products for Eurite (EURI). During the promotion, users who sign up for Simple Earn flexible products for EURI will be able to earn an exclusive 7% tiered APR bonus in addition to real-time APR rewards.
Earn rewards up to 7% in APR for EURI products on Binance Earn
Promotion period: from 09/23/2024 03:00 to 10/12/2024 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)
Products with flexible EURI conditions:
Buy EURI from the Spot Market, Buy Crypto or Deposit page, where various payment methods are available, including Visa and Mastercard, Apple Pay, Google Pay, bank transfer (Sepa), and wallet balances. Users can also deposit EURI to their Binance account.
Go to the Simple Earn section and find EURI.
Select Flexible and sign up for EURI Flexible products to start earning a 7% tiered bonus APR and real-time APR!
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 on the next day from 03:00 (UTC+3). Rewards will start being distributed to spot wallets on the next day after the accrual starts from 03:00 to 11:00 (UTC+3).
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.
Rewards in the form of bonus tiered APR are calculated based on the amounts used for subscription and subject to the amount limit of the corresponding tier for each token.
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 also refer to the FAQs in the Simple Earn Flexible Products section for more information.
Users can view their holdings in Simple Earn products with flexible terms under Wallets > 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
20.09.2024
EURI is an electronic money token issued by Banking Circle SA (https://www.bankingcircle.com/). The EURI Whitepaper is available here. You can contact Banking Circle using the following contact information: +44 (0)7867254482 and clientservices@bankingcircle.com.
EURI buyers can exchange EURI tokens at par value for the official currency to which EURI is pegged, EUR, receiving a EUR cash equivalent held by Banking Circle for EURI buyers.
