This is a general announcement. The products and services mentioned here may not be available in your area.

Dear members of the Binance community!

Binance Simple Earn is pleased to launch two new promotions for SUI (SUI) and USDT perpetual products on Simple Earn! Subscribe to Perpetual SUI or USDT products on Simple Earn during the promotion period to get 40 SUI in fixed products. Users who sign up for SUI perpetual products on Simple Earn can get an exclusive bonus tiered APR of 5% on top of the real-time APR (ie about 1%).

Promotion 1: Get up to 5% Bonus Tiered APR with SUI Perpetual Products

  • Promotion period: from 15:00 04/02/2024 (Kyiv time) to 02:59 07/29/2024 (Kyiv time)

  • Subscription format: On a rolling basis, subject to the terms below.

  • Payment of rewards:

    • Bonus Tiered APR: Will be distributed to users' spot wallets on a daily basis.

    • Real-time APR: Accumulates every minute in users' Earn wallet.

Offered products (Perpetual products)

A digital asset

Duration

APR during the promotion period

Min. subscription limit per user

Max. subscription limit per user

SUI

Indefinitely

Level 1

Level 2

0.01 SUI

Unlimited

(Taking into account the total subscription limit)

0.01 - 400 SUI

>400 SUI

APR in real time

(approx. 1%)

+ 

5% 

Bonus Tiered APR

APR in real time

(approx. 1%)

Promotion 2: Subscribe to perpetual SUI or USDT products to share 20,000 SUI in fixed products

Promotion period: from 15:00 04/02/2024 (in Kyiv) to 02:59 04/31/2024 (in Kyiv)

During the Promotion Period, users who meet all of the following requirements will be eligible to participate in this Promotion:

All eligible users will then be ranked by their net eligible subscription amounts during the promotional period. The most active 500 users will be eligible for a free 150-day position of fixed SUI products.

Rewards (fixed products):

A digital asset

Main reward

Duration of blocking

Standard APR

SUI

40 SUI

150 days

12%

Please note:

  • Net Eligible Subscription Amount = (Total Assets Subscribed to SUI and USDT Perpetual Products) - (Total Assets Redeemed from SUI and USDT Perpetual Products)

  • Existing positions of perpetual products activated during the promotion period and re-subscribed will not count towards the corresponding subscription amount.

Terms and conditions:

  • Please read the Binance Simple Earn Terms and Conditions before using any products on the Binance Simple Earn platform.

  • Promotion 1:

    • The Bonus Tiered APR is offered as an additional reward to the Real Time APR. Once signed up, tiered APR bonus rewards start accruing the next day starting at 00:00 UTC. Rewards will start to be distributed the next day after accrual starts between 00:00 UTC and 08:00 UTC to the user's spot wallet.

    • All users who hold open positions in SUI perpetual products will receive both real-time APR rewards and bonus tiered APRs during the promotional period. After the promotion ends, users will only be eligible for real-time APR rewards.

    • The bonus tiered APR is calculated based on subscription amounts and depends on the respective tier cap for each token. See this guide for more detailed information.

  • Promotion 2:

    • Eligible users will automatically receive a free position of fixed SUI products until 02:59 on 05/25/2024 (in Kyiv). Rewards in SUI will be automatically locked in fixed Simple Earn products for 150 days and users will receive an APR of 12%.

    • Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Fixed Products and transfer them to Simple Earn Perpetual Products at the end of the agreed subscription period.

    • In this promotion, users cannot redeem their digital assets/digital currencies in advance.

  • Users can view their assets in perpetual products by selecting Wallets > Earn > Simple Earn > Perpetual.

  • Redemption period for perpetual product subscriptions: Instant.

  • Binance reserves the right to disqualify any member who, in Binance's opinion, is acting fraudulently or not complying with the applicable terms of use.

  • Binance reserves the right to cancel or change the promotion or the rules of the promotion at its sole discretion.

  • Additional terms of the promotion can be viewed here.

  • There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.

Thank you for your support!

Binance command

02.04.2024