This is a general announcement. The products and services described herein may not be available in your region.
Dear Binance Community Members,
Binance Simple Earn Launches Fixed Terms Products for FDUSD. Subscribe to FDUSD Fixed Terms products during the promotion to earn 7% APR rewards.
About Fixed Terms Products for FDUSD
Promotion period: from 02/29/2024 09:00 to 03/30/2024 08:59 (Moscow time).
Subscription format: first come, first served.
Rewards accrual period: from 03:00 (Moscow time) on the day of subscription for products with fixed conditions until the end of the subscription period.
Reward distribution: daily.
Available products (with fixed conditions)
How to Use Fixed Terms Products for FDUSD
Go to Simple Earn and search for FDUSD.
Select 30 days and subscribe to FDUSD Fixed Terms products to start earning 7% APR.
About the Binance Simple Earn platform
Binance Simple Earn allows users to earn daily rewards by using their digital assets for products with flexible or fixed terms. Simple Earn users can subscribe or withdraw their assets at virtually any time, thus maintaining access to increased asset flexibility and liquidity and earning daily rewards.
Note
Binance reserves the right to change the APR at any time after a promotion without prior notice. Before subscribing to Binance Simple Earn platform products, please read the Platform Terms of Use.
At the end of the selected subscription period, Binance Simple Earn will return the digital assets or currency used to subscribe to fixed-term products to the balance of flexible-term products. The value of digital assets or currencies may change.
To see the assets in Fixed Earn products, go to Wallet > Earn > Simple Earn > Fixed.
Users can enable the auto-subscribe feature when subscribing to fixed-term products. Then, after the specified period, existing subscriptions to products with fixed terms will be automatically renewed for the same period.
Unlocking period for products with fixed conditions: one day.
About Early Termination of Simple Earn Fixed Term Products: Users can withdraw their assets early. In this case, the principal amount of digital assets minus the distributed rewards will be transferred to the spot account. Users will not be able to receive rewards. Return of digital assets may take 48 to 72 hours.
There may be discrepancies between the translation and the original English article. To obtain current and accurate information in this case, read the original version of the announcement.
Thanks for support!
Binance command
29.02.2024