This is a general advertisement and marketing communication. The products and services mentioned herein may not be available in your region.
Caros Binancers,
Binance Simple Earn is pleased to announce two promotions for the Simple Earn IOST Flexible Product! During the promotion period, users who sign up for the Simple Earn IOST Flexible Product will be eligible to enjoy 20% Bonus APR per Tier in addition to the Real-Time APR rewards. Users who sign up during the Promotion Period can also win up to 20,000 IOST in token vouchers.
Promotion period: from 12/17/2024 at 21:00 (BRT) until 01/17/2025 at 20:59 (BRT)
Promotion A: Enjoy 20% Tier Bonus APR Rewards with IOST Flexible Products
Registration Format: Complete the registration on a first-come, first-served basis according to the terms below.
Reward Distribution:
APR Bonus by Tier: distributed daily to users’ Spot Wallets. The first reward will be distributed the day after the accumulation begins (two days after enrollment).
Real-Time APR: Accumulated directly into users' Earn Wallets every minute.
Products Offered
Promotion B: Sign up for IOST Flexible Products to earn up to 20,000 IOST in rewards
All users who confirm their participation and reach a net subscription value in IOST Flexible Products of at least 2,000 IOST will be ranked by the net subscription value in IOST Flexible Products, during the Promotion Period.
The first 500 eligible participants will qualify to receive IOST token voucher rewards as per the reward structure below.
Net IOST Flexible Product Subscription Amount = Total IOST Subscription Amount in Simple Earn Flexible Products - IOST Amount Redeemed from Simple Earn Flexible Products
Prize Structure:
How to get started with IOST Flexible Products:
Users can purchase IOST on the Buy Crypto page, which accepts payment methods including Visa and Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also deposit IOST into their Binance account.
Go to [Simple Earn] and search for IOST.
Select FLEXIBLE and sign up for Simple Earn's Flexible Product on IOST to start earning rewards!
Terms and Conditions:
Changes to the Simple Earn Rewards Rate will be published 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:
Promotion A:
Tier Bonus APR is offered as an additional reward on top of Real-Time APR. After enrolling, Tier Bonus APR rewards will begin accruing the following day starting at 00:00 UTC (i.e. 00:00 UTC on the same day of enrollment). Rewards will begin to be distributed the following day after they begin accruing, between 00:00 UTC and 05:00 UTC to the user’s Spot Wallet.
All users who have open positions for Flexible Products on IOST will receive Real-Time APR and Tier Bonus APR rewards during the promotion period. Once the Promotion ends, users will only be entitled to Real-Time APR rewards.
Bonus APR rewards per tier are calculated based on subscribed amounts and are subject to the respective tier cap for each token. Please see the FAQ for more details.
Promotion B:
Token voucher rewards will be distributed within three weeks after the Promotion ends. Users can redeem their voucher rewards in Profile Rewards 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 a token voucher.
The assets you deposit into Simple Earn can be lent to other Binance users (e.g. Margin and Crypto Lending products).
A large number of redemption requests may temporarily delay redemption. Redemptions may resume once liquidity returns.
Users can view their Flexible Products assets by going to Wallet > Earn > Simple Earn.
Redemption time for Flexible Product subscriptions: instant.
Binance reserves the right to disqualify any participant who tampers with the Binance program code or interferes with the operation of the Binance program code with other software.
Binance reserves the right to disqualify any participants who, in its reasonable opinion, are acting fraudulently or in breach of any applicable terms and conditions.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
Additional promotion terms and conditions can be accessed here.
There may be discrepancies between the original English content and any translated versions. Please refer to the original English version for the most accurate information should any discrepancies arise.
Thank you for your support!
Binance Team
18/12/2024