Simple Earn

The simple way to Deposit & Earn

No more Simple Earn products

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Flexible Products

Subscribe and redeem at any time.

Redemption Policy

Flexible Loans

Flexible Products APR

Flexible Products distribute rewards based on Real-Time APR and Bonus Tiered APR

Real-Time APR

Locked Products

Lock assets for a fixed term and earn higher rewards

Rewards Distribution Timeline

Daily Maintenance Schedule

Redemption Policy

Auto-Subscribe

Hassle-free automatic subscription for Flexible or Locked.

Flexible Products

Locked Products

FAQ

1. How does Simple Earn work?

Simple Earn allows users to earn rewards by depositing their Crypto Assets either for Flexible or Locked terms.

Flexible Products can be subscribed to and redeemed at any time. Locked Products will be redeemed at the Redemption Date stated for each subscription and your crypto assets will be automatically subscribed to Flexible Products. If you elect to redeem early, your crypto assets will be returned to the spot wallet.

2. What rewards can I earn for Flexible Products?

Flexible Products distribute rewards based on Real-Time APR and Bonus Tiered APR. Rewards distributed are rounded down to 8 decimal places.

Real-Time APR is a live indication of rewards you can receive, and is subject to change every minute. Rewards are accrued and directly accumulated in your Earn Wallet every minute.

Bonus Tiered APR is offered from time to time on selected Flexible Products through a tiered rate structure, and is subject to change on a daily basis. These rewards are accrued the day after subscription, starting at 00:00 UTC. You will start receiving reward distributions in your Spot Wallet the day after accrual starts (two days after subscription) between 00:00 UTC and 08:00 UTC.

3. What is the redemption policy for Flexible Products?

Your Flexible Product assets will be returned to your Spot Wallet immediately upon successful processing of redemption requests.

However, daily redemption limits apply to each Flexible Product, and are subject to change at any time. These limits and potential delays in receiving redemption proceeds may be a result of various factors, including but not limited to: extreme market volatility, network delays, a significant number of simultaneous instructions to redeem from other Binance users, or any other unanticipated events.

4. Where can I look for the rewards I have earned for Flexible Products?

Real-Time APR rewards are added every minute directly on the balance of each Flexible Product in your Earn Wallet (not your Spot Wallet). Bonus Tiered APR rewards are distributed to your Spot Wallet daily. You can refer to your Earn Wallet on the rewards you have earned, or Simple Earn History for the historical records under ‘Real-Time APR Rewards’ or ‘Bonus Tiered APR Rewards’.

5. What rewards can I earn for Locked Products?

Locked Product APR is subject to change on a daily basis. These rewards are accrued the day after subscription, starting at 00:00 UTC. You will start receiving reward distributions in your Spot Wallet the day after accrual starts (two days after subscription) between 00:00 UTC and 08:00 UTC.

6. What happens if I redeem my Locked Products early?

For selected Locked Products, you can redeem your assets anytime before maturity. However, early redemptions will result in a loss of all rewards you have received. The principal amount redeemed will be deducted by the amount of rewards that have been distributed to your Spot Wallet.

7. I have elected to auto-subscribe to Locked Products, when will rewards begin to accrue and be distributed?

On the day your Locked Product expires, you will automatically re-subscribe to the same Locked Product for the same duration and start to accrue interest immediately. Rewards will be distributed to your Spot Wallet the next day. Please note that Auto-Subscribe is only available for selected Locked Products.

8. How is APR determined, and what is the source of yield for Simple Earn rewards?

Simple Earn APR rewards are determined by Binance at its discretion, taking into account various factors which are carefully designed to ensure that rewards paid to users are sustainable and competitive.

Assets deposited by users in Simple Earn could be used for a variety of purposes. For example, they may be used for on-chain staking, loaned to other Binance users via Margin and Crypto Loan products, or for operational purposes by other business units within Binance.

Binance may also run promotional campaigns from time to time that are sponsored by partnered projects, and introduced to users via short-term promotional APR offerings on selected tokens.

9. Where can I find more information?

For more information, please refer to our articles in the Support Center or Terms & Conditions.