DOCK Flexible Products: Enjoy 6.4% Bonus Tiered APR and Earn Additional 800 DOCK!
This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance Simple Earn is launching two promotions for DOCK on Simple Earn Flexible Products! Complete subscriptions to DOCK on Simple Earn Flexible Products during the Promotion Period to enjoy a Bonus Tiered APR of 6.4% on top of real-time APRand exclusiverewards. Promotion 1: Subscribe to DOCK Simple Earn Flexible Products and Enjoy Exclusive APR Rewards Promotion Period: 2023-10-18 00:00 (UTC) to 2024-04-15 23:59 (UTC) Subscription Format: Complete subscription on a first-come, first-served basis in accordance with the terms below.Reward Payout:Bonus Tiered APR: Distributed to users’ Spot Wallets on a daily basis.Real-Time APR: Accrued and directly accumulated in users’ Earn Wallets every minute. Offered Products (Flexible Products) Digital AssetDurationStandard APRAPR During the Promotion PeriodMin. Subscription Limit per UserMax. Subscription Limit per UserDOCKFlexibleReal-Time APRReal Time APR + 6.4% Bonus-Tiered APR (Max. 65,000 DOCK)1 DOCK2,464,000 DOCK Promotion 2: Subscribe to DOCK Flexible Products to Receive an Extra of 800 DOCK! Promotion Period: 2023-10-18 00:00 (UTC) to 2023-11-08 23:59 (UTC) Subscribe at least 1,000 DOCK to DOCK Flexible Products during the Promotion Period to qualify for the Promotion. All eligible users will be ranked by their total subscription amount to DOCK Flexible Products during the Promotion Period. The top 500 eligible users will each receive 800 DOCK in token vouchers. Notes: Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.Bonus Tiered APR is offered as an additional reward on top of real-time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.All users who hold open positions of DOCK Flexible Products will receive both real-time APR and Bonus Tiered APR rewards during the Promotion Period. Once the Promotion ends, users will continue to be entitled to real-time APR rewards. Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token (i.e., a maximum of 65,000 DOCK per user for DOCK Flexible Products). Please refer to the FAQ for more details.Promotion 2: The DOCK rewards for Promotion 2 will be allocated in token vouchers to eligible users within three weeks after the Promotion ends. Users will be able to login and redeem their voucher rewards via Profile > Rewards Hub. All the distributed token vouchers will expire within 14 days after distribution. Eligible users should claim their voucher rewards before the expiration date. Learn how to redeem a token voucher.Users may view their Flexible Products assets by going to Wallets > Earn > Simple Earn > Flexible.Users may enable the “Auto-Subscribe” function before completing subscriptions to Flexible Products, which allows users to automatically subscribe to the corresponding Flexible Products using the same asset from the Spot Wallet.Redemption time for Flexible Products subscriptions: Instant. Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with 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.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail. Thanks for your support! Binance Team 2023-10-17
#Bitcoin hashrate just hit a new record high (ATH). The cost of mining bitcoin has increased. With the Halving coming in 5 months, meaning the supply rate will further reduce by 50%. Ie, cost of producing bitcoin will further increase. While the cost of producing something should not dictate its price, but most miners will not want to sell their newly mined bitcoins below cost. What do you think will happen?
Ethereum is a popular cryptocurrency that has gained significant attention and value for several reasons.One of the main factors contributing to Ethereum's popularity is its smart contract functionality. Unlike Bitcoin, Ethereum allows developers to build and deploy decentralized applications (DApps) and smart contracts on its blockchain. This has opened up a whole new world of possibilities for creating decentralized applications, tokens, and crowdfunding projects.Another reason for Ethereum's
Bitcoin is often considered the most valuable cryptocurrency for several reasons.
Firstly, Bitcoin was the first cryptocurrency to be created and gained widespread recognition, which has resulted in a strong network effect. It has established itself as the most well-known and widely adopted digital currency, leading to a larger user base, more liquidity, and greater acceptance by merchants and institutions.
Secondly, Bitcoin has a limited supply. There will only ever be 21 million bitcoins in existence, making it a scarce asset. This scarcity, combined with growing demand, has contributed to its value appreciation over time.
Additionally, Bitcoin has a secure and decentralized nature. It operates on a technology called blockchain, which ensures transparency, immutability, and resistance to censorship. This trust and security appeal to individuals and institutions seeking a digital store of value or a medium of exchange.
Lastly, Bitcoin has become an investment vehicle. Many investors view it as a hedge against traditional financial markets, inflation, or political instability. This perception has attracted significant investment $BTC #ftx #usdr #avalanche #galxe #bitcoin
"The Rise of Cryptocurrency: A Game-Changer in the Financial World" $BTC $ETH $BNB
Cryptocurrency has emerged as a groundbreaking innovation in the world of finance. With its decentralized nature, secure transactions, and potential for high returns, it has captivated the attention of investors and technology enthusiasts alike.
One key advantage of cryptocurrencies like Bitcoin, Ethereum, and others is their ability to bypass traditional banking systems and intermediaries, enabling peer-to-peer transactions with lower fees and faster settlement times. This has the potential to revolutionize traditional financial systems, making transactions more efficient and accessible to a wider range of people.
Furthermore, the blockchain technology that underpins cryptocurrencies offers unparalleled transparency and security. Every transaction is recorded on a public ledger, reducing the risk of fraud and creating a sense of trust among users. This has the potential to transform various industries beyond finance, including supply chain management, healthcare, and voting systems.
However, it's important to note that the cryptocurrency market is highly volatile and speculative. Prices can flucte