New Users on Binance Simple Earn Receive Up to 11.5% APR on USDC, USDT, and ETH

Binance, one of the leading cryptocurrency exchanges, is making waves once again by introducing a special promotion for its Simple Earn program, specifically designed for new users. This promotion offers an attractive opportunity for eligible participants to subscribe to USDC, USDT, or ETH Flexible Products and earn up to an impressive 11.5% in Bonus Tiered APR rewards.

Details of the Promotion

The promotion period is set to run from September 5, 2024, 00:00 (UTC) to September 19, 2024, 23:59 (UTC). To qualify for the offer, new users who have never subscribed to Simple Earn Flexible Products before September 4, 2024, 23:59 (UTC) are eligible. To ensure fairness, participants can only subscribe to one of these special offers on a first-come, first-served basis.

Reward Structure

Participants can look forward to Bonus Tiered APR rewards in addition to the Real-Time APR. These bonus rewards will start accruing the day after subscription, commencing at 00:00 (UTC). Daily rewards will be distributed to the user’s Spot Wallet between 00:00 (UTC) and 08:00 (UTC). The bonus rewards will be accessible for up to five days throughout the promotion period, with users having the option to resubscribe. However, the total reward duration remains capped at five days.

Following the conclusion of the promotion, only Real-Time APR rewards will be available. Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token.

Terms and Conditions

Changes to the Simple Earn Rewards Rate will be communicated on the Binance platform as necessary. Users are encouraged to review the Binance Simple Earn Terms & Conditions and the Risk Warning for comprehensive information prior to utilizing Simple Earn.

Users can track their Flexible Products assets by navigating to Wallets > Earn > Simple Earn > Flexible. The redemption time for Flexible Products subscriptions is instantaneous.

It is important to note that Binance retains the right to disqualify any participants who attempt to tamper with the program code or disrupt its operation using unauthorized software. Participants engaging in fraudulent behavior or not complying with the applicable terms and conditions may also face disqualification. Furthermore, Binance reserves the prerogative to cancel or modify the promotion at its discretion.

To access more detailed information, users are encouraged to refer to the official announcement on Binance.

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