This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to announce a new feature that allows users to trade on Spot and Convert using their Earn Account balance from assets subscribed to Simple Earn Flexible Products. This provides users a more convenient and efficient way to earn APR rewards on their idle crypto assets without interrupting their trading activities.
Once users place a Spot order with Simple Earn Flexible assets, the corresponding assets will be automatically redeemed from their Simple Earn Flexible Products positions to their Spot Accounts for trading.
Currently, this feature is available on the Binance App only, stay tuned for the website version in the near future.
Navigate to [Trade] and Choose [Spot].
Tap [Avbl].
Check the box next to [Earn - Flexible Assets] and tap [Confirm]. Your Spot order will be placed using your Simple Earn Flexible assets.
Navigate to [Trade] and Choose [Convert].
Tap [Available].
Check the box next to [Earn - Flexible Assets] and [Confirm]. Your Convert order will be placed using your Simple Earn Flexible assets.
Notes:
Users must update their Binance App to the latest version (i.e., v2.96.1 or above) to use this new feature.
When users place a Spot order with BNB Simple Earn Flexible Products, the corresponding BNB will be redeemed from their Simple Earn Flexible Products positions, and thus they are not eligible for Launchpool and HODLer Airdrops rewards.
When making a trade, funds will be drawn down in the following order:
Spot Account
Funding Account
Earn - Flexible Assets
Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-03-06
Note: This announcement was updated on 2025-03-06 to clarify the process of Earn asset redemption for Spot orders.
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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 our Terms of Use and Risk Warning.
