This is a general notice. The products and services mentioned here may not be available in your area.
Dear Binance Community,
Binance Earn is pleased to launch a promotion program for BNB Pegged Products and ETH Staking. Complete your BNB Pegged Products and/or ETH Staking registration now to earn tons of rewards:
Share airdrop reward fund worth up to 220,000 ALT
Earn BNB rewards with up to 3.5% APR and ongoing Launchpool rewards with BNB Fixed Product positions
Earn up to 3.37% APR rewards with ETH Staking positions
Program: Register BNB Fixed Product or stake ETH to share airdrop reward pool worth up to 220,000 ALT
Program time: 07:00 February 20, 2024 (Vietnam time) - 06:59 March 4, 2024 (Vietnam time)
During the program period, users who meet all of the following requirements will be eligible to participate:
Register for BNB Pegged Product with at least 0.5 BNB or ETH staking with at least 0.0001 ETH
All eligible users will be ranked according to their net BNB Fixed Product subscription and ETH Staking amount (where the net subscription amount is the total BNB Fixed Product subscription and ETH Staking amount minus the amount of assets withdrawn from BNB Fixed Product and ETH Staking) during the Promotion Period.
Top 500 users will be eligible to share the dynamic reward pool unlocked during the Promotion Period, according to the reward structure below.
Flexible Bonus Fund:
The size of the unlocked dynamic reward pool depends on the net subscription amount on BNB Fixed Products and ETH Staking of all eligible participants during the Program Period and can be up to 220,000 ALT.
Reward structure:
About BNB Fixed Products and Launchpool Rewards:
Users can subscribe to BNB Fixed Products with their BNB assets at any time to earn the following rewards:
Launchpool Rewards (if applicable)
BNB Rewards (Refer to Latest APR)
Only users in eligible countries/regions will automatically receive Launchpool rewards for holding BNB Fixed Product positions.
Users do not need to manually withdraw BNB assets from BNB Pegged Products to participate in Launchpool.
The reward calculation for Launchpools is the same, regardless of whether users subscribe to BNB Fixed Products or stake directly into the Launchpool.
In the event that multiple Launchpool projects are running concurrently, the user's BNB assets in the Fixed Product will be automatically allocated equally to each Launchpool project that the user is eligible to participate in.
Read more: Binance Expands Launchpool Rewards for Users Holding BNB Locked Product Positions.
Terms and Conditions:
Only users who complete identity verification and confirm participation during the Program Period will be eligible to receive rewards under this Program.
Binance reserves the right to adjust the APR at any time without prior notice. Please refer to Binance Simple Earn Terms of Use before using the BNB Locked Product or any other product on the Binance Simple Earn platform, as well as Binance ETH Staking Terms and Conditions before using ETH Staking.
Users can also check out the Simple Earn Fixed Product and ETH Staking FAQs for more information.
The rewards in the table above are only for the top 500 eligible users.
Each sub-account will not be considered an independent account when participating in this Program.
ALT token rewards will be airdropped to eligible users before 06:59 on 30/03/2024 (UTC). Users can find their rewards via Profile > Assets > Spot Wallet.
Based on its assessment, Binance reserves the right to disqualify users from participating if they engage in fraudulent behavior or fail to comply with any applicable terms and conditions.
Binance reserves the right to cancel or amend the program or program rules at its sole discretion.
Binance Simple Earn will redeem the digital assets/cryptocurrencies subscribed in Flexible Products and Simple Earn Fixed Products when the subscription period under the agreement ends. The value of digital assets/cryptocurrencies often fluctuates and is subject to change.
Users can view their assets in Simple Earn fixed and flexible products by accessing the Wallet > Earn.
Users can enable the “Auto-Renew” function before completing the BNB Fixed Product subscription. This function will automatically renew the current Fixed Product position to a new position with the same term when the user's subscription expires.
Unlock Time for Fixed Product: One Day.
Regarding early redemption of Simple Earn Fixed Products: Users can withdraw their assets in advance. After choosing early redemption, the digital assets will be returned to the Spot account and the user will not be entitled to any rewards. Any rewards that have been allocated will be deducted from the returned principal. It may take 48-72 hours to receive the digital assets.
Additional terms and conditions of the promotion are here.
The translation of the article and the original English version may have differences. Please refer to the original for the latest or most accurate information if there are any differences.
Thanks for your support!
Binance Team
20/02/2024