be available in your region.
Fellow Binancians,
Binance Simple Earn
has launchedUSDT on Locked Products which provides a fixed rate for your
deposits. Complete subscriptions toUSDT on Simple Earn Locked Products from
today to enjoy8.23% in APR rewards.
Offered Products (Locked Products
)
Digital Asset
Duration
Standard APR
Min. Subscription Limit per User
Max. Subscription Limit per User
USDT
14 days
8.23%
0.1 USDT
300,000 USDT
Mechanism on USDT Locked Products:
*
Subscription Format: First-come, first-served basis. Limited duration of
fourteen days.
*
APR: The fixed rate will remain the same through the entire Locked Simple Earn
Term. For fixed rate, any available changes to the APR willonly apply to your
new, and not existing, USDT Locked Product subscriptions.
*
Reward Calculation Period: From 00:00 (UTC) on the day after you subscribe to
Locked Products, until the end of the subscription period.
*
Rewards Distribution: Distributed to Spot Wallet on a daily basis.
*
Early Redemption: Users may early redeem locked assets, but all rewards
received will be forfeited. The full balance of the locked assets, minus any
rewards distributed during the term, will be returned to users’ Spot Wallet
within thenext 48-72 hours.
How to Get Started with USDT Locked Products:
*
Head to [Simple Earn]
, and search forUSDT.
*
Select 14 Days, and subscribe to USDT Locked Products to start earning 8.23%
APR!
Subscribe Now!
About Binance Simple Earn:
Binance Simple Earn allows users
to earn daily rewards by depositing their digital assets for flexible or locked
terms. Users may subscribe to or redeem assets from Simple Earn almost at any
time, thus retaining great flexibility and liquidity over their assets while
earning daily rewards.
Please Note:
*
Binance reserves the right to adjust APRs at any time without prior notice.
Please refer toBinance Simple Earn Terms & Conditions
prior to using any products on
the Binance Simple Earn platform.
*
Binance Simple Earn will redeem the digital assets/digital currencies locked
in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products
at the end of the agreed subscription period.
*
Users may view their Locked Products subscriptions by going to Wallets > Earn
> Simple Earn >Locked
.
*
The assets you deposit in Simple Earn may be loaned to other Binance users
(e.g. Margin and Crypto Loan products).
*
A large amount of redemption requests might delay redemption temporarily.
Redemptions may resume upon return of liquidity.
*
Locked Products FAQ
.
*
There may be discrepancies in the translated version of this original article
in English. Please reference this original version for the latest or most
accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-05-23
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
Find us on
*
Telegram
*
X
*
*
Binance reserves the right in its sole discretion to amend or cancel this
announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment
may go down or up and you may not get back the amount invested. You are solely
responsible for your investment decisions and Binance is not liable for any
losses you may incur. APR is an estimate of rewards you will earn in
cryptocurrency over the selected timeframe. It does not display the actual or
predicted returns/yield in any fiat currency. APR is adjusted daily and the
estimated rewards may differ from the actual rewards generated. Not financial
advice. For more information, see ourTerms of Use
and Risk Warning
.
Introduction To Crypto
a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography.All
Crypto Price Information
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