Fellow Binancians,
Binance Savings has launched its first-ever Triple Rewards promotion for depositing AXS and CAKE. For a limited time, eligible users can enjoy the benefits available to accounts of up to the VIP 4 level for 2 months and win a share of the $30,000 prize pool, apart from a high-yield offer on Locked Savings.
Promotion period: 2022-03-09 09:00 (UTC) to 2022-03-16 09:00 (UTC)
Reward A: Enjoy Up to 50% APY on Savings
All users who make a net deposit amount (See details in Terms and Conditions) of AXS or CAKE to their Binance accounts from non-Binance external sources, and subscribe to AXS or Cake Locked Savings, can enjoy up to 50% APY.
Locked Savings Products:
Digital Asset | Term to Maturity | Total Cap | Individual Cap | Annualized Interest Rate | Lot Size | Interest Per Lot at Maturity |
7 days | 3,000,000 AXS | 500,000 AXS | 25% | 1 AXS | 0.0048 AXS | |
15 days | 3,000,000 AXS | 500,000 AXS | 50% | 1 AXS | 0.0205 AXS | |
7 days | 3,000,000 CAKE | 500,000 CAKE | 25% | 1 CAKE | 0.0048 CAKE | |
15 days | 3,000,000 CAKE | 500,000 CAKE | 50% | 1 CAKE | 0.0205 CAKE |
Reward B: VIP Upgrade Voucher
All users whose subscription amount in AXS or CAKE Locked Savings and cumulative net deposit amount of AXS or CAKE on Binance.com both meet the requirements specified below, can receive a corresponding VIP Upgrade Voucher and enjoy the benefits available to accounts of up to the VIP 4 level for 2 months.
Details on Locked Savings Subscription Amount, Cumulative Net Deposit Amount and the Corresponding VIP Upgrade Voucher:
Locked Savings Subscription and Cumulative Net Deposit Threshold (AXS) | VIP Upgrade | Validity Period |
4,000 | VIP+1 | 2 months |
10,000 | VIP+2 | |
20,000 | VIP+3 | |
100,000 | VIP+4 |
Locked Savings Subscription and Cumulative Net Deposit Threshold (CAKE) | VIP Upgrade | Validity Period |
40,000 | VIP+1 | 2 months |
100,000 | VIP+2 | |
200,000 | VIP+3 | |
1,000,000 | VIP+4 |
Reward C: Top 50 Users to Win a Share of $30,000!
All users whose total subscription amount to AXS and CAKE Locked Savings and cumulative net deposit amount of AXS and CAKE both reach $5,000 equivalent or more during the promotion period, will be ranked by their total subscription amount. The top 50 users will share a prize pool that is worth $30,000 in BNB.
The reward structure is as follows:
User Rank | Prize (Distributed in BNB) |
1st | $5,000 |
2nd | $3,000 |
3rd | $2,000 |
4th - 20th | $1,000 each |
21st - 30th | $200 each |
31st - 50th | $50 each |
Terms and Conditions:
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
Thanks for your support!
Binance Team
2022-03-09
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.