This announcement is general in nature. The products and services mentioned herein may not be available in your area.
Halo Binancian,
Binance Simple Earn launches BTC Locked Product. Complete the BTC Locked Product subscription starting 08-03-2023 at 19.00 WIB to start earning daily rewards.
Subscription Format: Complete subscriptions on a first-come, first-serve basis according to the terms below.
Reward Calculation Period: Starting at 07.00 WIB on the day after you subscribe to the Locked Product until the end of the subscription period.
Reward Distribution: Rewards will be distributed every day.
Products Offered (Locked Products)
Notes:
Please read the Binance Simple Earn Terms & Conditions before using any product on the Binance Simple Earn platform.
Binance Simple Earn will redeem the digital assets/digital currency included in the Simple Earn Locked Product subscription to the Flexible Product at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.
Users can view their Locked Product subscriptions by going to Wallet > Earn > Simple Earn > Locked.
Users can activate the "Automatic Subscription" function before completing a Locked Product subscription which will automatically update the existing Locked Product position to a new position of the same duration upon expiry.
Unlock period for Locked Products: One day.
Locked Product FAQ.
Regarding early redemption for Simple Earn Locked Products: Users can choose to redeem their assets early. After selecting early redemption, digital assets will be returned to the spot account and users will not be entitled to any rewards. Rewards distributed will be deducted from the principal funds returned. It may take 48-72 hours to receive digital assets.
If there are any discrepancies between the translated version and the English version of the announcement, the English version shall prevail.
Thank you for your support!
Tim Binance
03-08-2023
