Dear Binanciens, Dear Binanciens,

Binance Simple Earn is pleased to announce an update to MultiverseX Locked Products (EGLD). Purchase EGLD on Simple Earn Locked Products during the promotion period to earn APR rewards of up to 12.9%*!

Mechanism applicable to products locked in EGLD

  • Promotion Period: Subscriptions must occur between 04/09/2024 at 10:00 AM (UTC) and 05/09/2024 at 09:59 AM (UTC) to be considered eligible.

  • Subscription format: Minimum subscription amount, maximum subscription limits and term requirements apply, and will impact your APR. Refer to the table below and the notes in this announcement for more information.

  • Rewards Calculation Period: From midnight (UTC) the day after you subscribe to the Locked Products, until the end of the subscription period.

  • Reward Distribution: Daily.

Products offered (locked products)

Digital assets

Duration

APR during the promotion period

Min. subscription limit per user

Max subscription limit. per user

EGLD

30 days

3,9 %

0.01 EGLD

EGLD 100,000

60 days

4,6 %

0.01 EGLD

EGLD 50,000

90 days

8,5 %

0.01 EGLD

EGLD 5,000

120 days

12,9 %

0.01 EGLD

500 EGLD

How to get started with EGLD locked products?

  1. Go to [Earn], and search for EGLD.

  2. Select the term, and purchase EGLD to start earning up to 12.9% APR per day!

Subscribe now!

Remarks :

  • Binance reserves the right to adjust the APRs at any time after the promotion period without prior notice. Please refer to the Binance Simple Earn Terms and Conditions before using any products on the Binance Simple Earn platform.

  • Binance Simple Earn will exchange digital assets/digital currencies subscribed in Simple Earn locked products for flexible products 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 Wallets > Earn > Simple Earn > Locked.

  • Users can activate the “Auto-subscribe” feature before subscribing to locked products, which will automatically renew their existing locked products position to a new position of the same duration upon expiration.

  • Unlock period for locked products: one day.

  • Locked Products FAQ.

  • About prepayment of Simple Earn locked products: Users can choose to prepay their assets. If you opt for early repayment, the digital assets will be returned to the Spot account and users will not be entitled to any rewards. All rewards distributed will be deducted from the capital repaid. It takes 48-72 hours to receive digital assets.

Thank you for your support !

The Binance team

09/04/2024