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

Hello Binancian:

Binance Simple Earn added Lumia (LUMIA) to Locked products. Subscribe LUMIA to Simple Earn Locked products during the promotional period to get up to 19.9%* APR rewards.

Mechanism for Locked LUMIA Products

  • Promotion Period: Subscriptions must be made between October 21, 2024 at 10:00 (UTC) and March 21, 2025 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

APR during the promotion period

Minimum subscription limit per user

Maximum subscription limit per user

LUMIA

30 days

6.9%

0.1 LUMIA

25,000 LUMIA

60 days

12.9%

0.1 LUMIA

20,000 LUMIA

90 days

19.9%

0.1 LUMIA

1,000 LUMIA

How to start using LUMIA Locked products

  1. Buy LUMIA 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 LUMIA into their Binance accounts.

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

  3. Select the duration and subscribe to LUMIA to start earning up to 19.9% ​​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 of this announcement. If there are discrepancies, please refer to the original version for the most recent or accurate information.

Thank you for your support!

The Binance Team

21/10/2024