This is a general notice. Products and services mentioned here may not be available in your area.
Dear Binance Community,
Binance Simple Earn is pleased to launch two programs for ACH on Flexible Products and Fixed Products! Complete ACH registration on Simple Earn from 09/20/2023 07:00 (UTC Time) to enjoy exclusive daily APR rewards and get up to 100 USD in ACH from the programs!
Program 1: Sign up for Simple Earn ACH Products and enjoy exclusive APR rewards
Program time: from 07:00 September 20, 2023 (Vietnam Time) to 07:00 March 19, 2024 (Vietnam Time)
Products Offered (Flexible and Fixed Products)
Note:
Registration mechanism: Complete registration on a first-come, first-served basis according to the terms below.
Reward calculation time:
For Fixed Products and Tiered Rewards APR on Flexible Products: From 07:00 (Vietnam Time) on the day after registration is completed, until the end of the subscription period.
For Real-Time APR on Flexible Products: From the minute of signup.
Reward time:
For Fixed Products and Tiered APR Rewards on Flexible Products: Allocated to the user's Spot Wallet between 7:00 AM (UTC Time) and 3:00 PM (UTC Time) ) daily.
For Flexible Products real-time APR: Accumulated directly in the user's Earn Wallet every minute.
Program 2: Sign up for ACH Fixed Products to receive ACH token vouchers worth up to 100 USD!
Program time: from 07:00 September 20, 2023 (Vietnam Time) to 07:00 October 16, 2023 (Vietnam Time)
During the program period, users who meet all of the following requirements will be eligible to participate in Program 2:
Sign up for 30, 60 or 120 day ACH Fixed Products
Register at least 100 ACH on ACH Fixed Products
All eligible users will be ranked according to their total subscription amount on the ACH Fixed Product during the Program Period. Top 500 qualified users will receive ACH token vouchers according to the reward structure below.
Reward structure:
Terms and condition:
Please refer to the Binance Simple Earn Terms and Conditions before using any products on the Binance Simple Earn platform.
Flexible products:
Tiered APR rewards are offered as additional rewards in addition to real-time APR.
All users holding open positions for ACH Flexible Products will receive both real-time APR rewards and tiered APR rewards during the program period. After the promotion ends, users will receive real-time APR rewards only.
Tiered APR rewards are calculated based on the amount subscribed and are subject to the respective tier cap per token (i.e. 0 - 75,000 ACH per user for ACH Flexible Products).
Activity 2:
ACH rewards for Program 2 will be distributed in the form of voucher tokens to qualified users within 3 weeks after the Program ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Station.
The amount of ACH allocated will be calculated based on the closing price of ACH on CoinMarketCap (CMC) at 07:00 on October 17, 2023 (Vietnam Time).
All allocated token vouchers will expire within 14 days after allocation. Eligible users should claim their voucher rewards before the expiration date. Learn how to redeem voucher tokens.
Users can activate the “Auto-subscribe” function before completing subscription packages for Simple Earn Flexible Products and Fixed Products.
For Flexible Products: This feature allows users to automatically subscribe to respective Flexible Products using the same assets from the Spot Wallet.
For Fixed Products: This feature will automatically renew existing Fixed Products positions into a new position of the same term until expiration.
Binance Simple Earn will redeem the digital assets/cryptocurrencies registered in Flexible Products and Simple Earn Fixed Products when the agreed upon subscription period ends. The value of digital assets/currencies fluctuates and is subject to change.
Users can view their assets in Simple Earn Fixed Products and Flexible Products by going to Wallet > Earn.
Withdraw Flexible Product and Fixed Product subscriptions:
Users can withdraw their Flexible Product subscriptions immediately.
For Fixed Product subscriptions, users can also choose to withdraw assets early. After opting for early withdrawal, fixed Product subscriptions, digital assets will be refunded to the spot account and users will not be entitled to any rewards. Any distributed rewards will be deducted from the principal amount refunded. It can take 48-72 hours for users to receive digital assets.
Refer to the Flexible Products FAQ and Fixed Products FAQ for more details.
Based on its assessment, Binance reserves the right to disqualify users if they commit fraudulent acts or do not comply with any applicable terms and conditions.
Binance reserves the right to cancel or edit the program or program rules.
Additional terms and conditions of the offer are available here.
In case of any discrepancy between the translation and the original English version, the English version shall prevail.
Thanks for your support!
Binance team
19/09/2023
