This is a general announcement and marketing communication. The products and services mentioned here may not be available in your region.

Dear Binance Community,

Binance Simple Earn is excited to announce our latest special promotion for Stablecoins on our Simple Earn! During the program, eligible users can earn a reward of 16.2% APR with Fixed Rate Product FDUSD and a tiered bonus APR of 7% with Flexible Product EURI alongside real-time APR rewards!

Enjoy APR up to 16.2% with FDUSD Simple Earn Products and 7% APR with EURI Simple Earn Products

  • Program duration: from 07:00 on 06/11/2024 (Vietnam time) to 06:59 on 20/11/2024 (Vietnam time)

  • Registration mechanism: The registration is completed on a first-come, first-served basis according to the terms below.

  • Reward allocation:

    • Real-time APR: Accumulated directly in the user's Earn Wallet every minute.

    • Tiered bonus APR: Allocated daily to the user's Spot Wallet.

    • Fixed Product APR: Allocated daily to the user's Spot Wallet.

Available Products (Simple Earn Products):

Digital assets

Fixed term

APR

Minimum registration limit per user

Maximum registration limit per user

Total registration pool

EURI

Flexible

Real-time APR

+

Tiered bonus APR 7%

(0.1 - 500 EURI)

0.1 EURI

1,000,000 EURI

300,000,000 EURI

FDUSD

14 days

16.2%

(Fixed rate)

0.1 FDUSD

1,000 FDUSD

15,000,000 FDUSD

How to participate

  1. Buy FDUSD or EURI on Spot Market or the Buy Crypto page using supported payment methods including Visa and Mastercard, Apple Pay, Google Pay, and wallet balance. Users can also deposit FDUSD or EURI into their Binance accounts.

  2. Go to [Simple Earn] and search for FDUSD or EURI.

  3. Select 14 days and sign up for the Fixed Product FDUSD to start earning 16.2% APR or choose Flexible and sign up for the Flexible Product EURI to enjoy tiered bonus APR of 7%!

Sign up now!

Introduction to Binance Simple Earn:

Binance Simple Earn allows users to earn daily rewards by depositing digital assets for a fixed or flexible term. Users can sign up or withdraw assets from Simple Earn almost anytime, allowing them to maintain flexibility and high liquidity for their assets while earning daily rewards.

Note:

  • Changes to the Simple Earn reward rates will be announced on the Platform over time. Please refer to Binance Simple Earn Terms and Conditions and Risk Warning for more information before using Simple Earn.

  • At the end of the agreed subscription term, Binance Simple Earn will convert the locked digital assets in the Fixed Product Simple Earn subscriptions to Flexible Simple Earn products.

  • APR Rewards:

    • Fixed Rate Product:

      • The fixed APR will remain unchanged throughout the entire term of Simple Earn fixed. Any changes to the APR will only apply to new FDUSD Fixed Product subscription packages and will not affect the user's existing subscriptions.

      • Reward calculation period: From 07:00 (Vietnam time) on the day the user subscribes to the Fixed Product until the end of the subscription period.

      • Early withdrawal: Users can withdraw locked assets early, but all rewards earned will be forfeited. Assets are typically returned to the user's Spot Wallet within 72 hours of the withdrawal request. However, the asset return process may be delayed due to special circumstances such as severe market volatility, network outages, protocol errors, or a large number of simultaneous withdrawal requests. Please see our terms and risk warnings for more details.

    • Flexible Product:

      • Tiered bonus APR rewards are provided as additional rewards on top of real-time APR. After signing up, tiered APR rewards begin to accumulate the next day, starting from 07:00 (Vietnam time). Rewards will start to be allocated the day after they begin accumulating from 07:00 (Vietnam time) to 15:00 (Vietnam time) in the user's Spot Wallet.

      • All users holding open positions for the Flexible EURI Product will receive both real-time APR rewards and tiered APR rewards during the program. After the Program ends, users will only receive real-time APR rewards.

      • Tiered APR rewards are calculated based on the amount subscribed and follow the corresponding tier limits for each token.

    • Daily APR rewards are allocated from Binance's own fund and are determined based on an assessment of market conditions at that time. This program is not related to the issuing organization of FDUSD/EURI in any way.

  • User assets deposited into Simple Earn may be lent to other Binance users (e.g., crypto loan and margin products).

  • Users can view their Simple Earn Product subscription packages by going to Wallet > Earn > Simple Earn.

  • Unlocking period:

    • Flexible Product: Instant.

    • Fixed Product: One day.

  • For more information: Simple Earn Fixed Product and Simple Earn Flexible Product.

  • Binance reserves the right to disqualify any participant who interferes with Binance's program code or obstructs the operation of Binance's program code using other software.

  • Based on its assessment, Binance reserves the right to disqualify participation if users engage in fraudulent behavior or fail to comply with any current terms and conditions.

  • Binance reserves the right to cancel or amend the program or the program rules at any time.

  • Additional terms and conditions of the Program are available here.

  • There may be differences between the original English version and translations. Please refer to the original English version for the most accurate information in case of any discrepancies.

Thank you for your support!

Binance Team

06/11/2024

Disclaimer: EURI is a cryptocurrency token issued by Banking Circle S.A (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 their EURI at a par value to receive an amount pegged to the official currency that EURI references (EUR), based on the EUR currency value held by Banking Circle for them.