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

Dear members of the Binance community!

Binance Simple Earn adds Pyth Network (PYTH) to fixed products. Subscribe to PYTH fixed products on Simple Earn during the promotion period to earn up to 6.9%* in APR rewards.

Mechanism for fixed PYTH products

  • Promotion Period: Subscriptions must be made between 13:00 04/29/2024 (Kyiv time) and 12:59 10/29/2024 (Kyiv time) to be considered eligible.

  • Subscription format*: until places last. Minimum subscription amount, maximum subscription limit and duration requirements apply, which affect the amount of APR rewards users receive. For more information, see the table below and the notes to this announcement.

  • Reward calculation period: from 02:00 (Kyiv time) the day after your subscription to fixed products until the end of the subscription period.

  • Distribution of rewards: on a daily basis.

Featured Products (Fixed Products)

A digital asset

Duration

APR during the promotion period

Min. subscription limit per user

Max. subscription limit per user

PYTH

30 days

2,9%

1 PYTH

70 000 PYTH

60 days

3,9%

1 PYTH

50 000 PYTH

90 days

6,9%

1 PYTH

20 000 PYTH

How to get started with PYTH fixed products

  1. Go to the [Earn] menu and search for PYTH.

  2. Choose your duration and sign up for PYTH to start earning up to 6.9% APR daily!

Subscribe now!

Please note:

  • Binance reserves the right to adjust the APR at any time after the promotional period without prior notice. Please read the Binance Simple Earn Terms and Conditions before using products on the Binance Simple Earn platform.

  • Binance Simple Earn will redeem digital assets/digital currencies subscribed to Simple Earn Fixed Products and transfer them to Simple Earn Perpetual Products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.

  • Users can view their Fixed Product subscriptions by going to Wallet > Earn > Simple Earn > Fixed.

  • Users can activate the "Auto-subscription" feature before subscribing to fixed products, which will automatically extend their existing fixed product position to a new position of the same duration upon expiry.

  • Unlock period for fixed products: One day.

  • Frequently asked questions about fixed products.

  • About Early Redemption for Simple Earn Fixed Products: Users can redeem their assets early. After choosing to redeem early, digital assets will be returned to the spot account and users will not be entitled to rewards (accrued or otherwise). Distributed rewards will be deducted from the refunded principal amount. The return of digital assets to users' spot accounts, in such a case, may take 48 to 72 hours.

  • There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.

Thank you for your support!

Binance command

29.04.2024