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

 

Halo Binancian,

Binance Simple Earn is happy to launch a USDT promotion on Simple Earn Flexible Products! Complete a USDT subscription to a Simple Earn Flexible Product during the Promotion Period and enjoy an exclusive 7% Tiered APR Bonus in addition to the Real Time APR reward (i.e., approximately 6%).

  • Promotion Period: 05-12-2023 at 07.00 WIB until 15-12-2023 at 06.59 WIB

  • Subscription Format: Complete subscriptions on a first-come, first-serve basis according to the terms below.

  • Reward Payment: 

    • Tiered APR Bonus: Distributed to users' Spot Wallets daily.

    • Real-Time APR: Collected and instantly accumulated in the user's Earn Wallet every minute.

Products Offered (Flexible Products)

Digital Assets

Duration

APR during the Promotion Period

Min Subscription Limit. per User

Max Subscription Limit. per User

USDT

Flexible

Level 1

Level 2

0.1 USDT

Infinite

0.1 USDT < Subscription Amount ≤ 500 USDT

500 USDT < Subscription Amount

APR Real-Time

(About 6%)

+ 

7% Tiered APR Bonus

APR Real-Time

(About 6%)

About Simple Earn Flexible Products:

Users can subscribe to flexible term products of their choice on the Binance Simple Earn platform at any time to receive real-time rewards. By having a Simple Earn Flexible Product position, users can earn Real-Time APR rewards and Tiered APR Bonus rewards, if applicable. Assets included in a Simple Earn Flexible Product subscription can also be used as collateral for a Binance Loan (Flexible Rate).

Please note:

  • Please read the Binance Simple Earn Terms & Conditions before using any product on the Binance Simple Earn platform.

  • The Tiered APR Bonus is offered as an additional reward in addition to the Real-Time APR. After subscribing, the Tiered APR Bonus rewards will start to be collected the next day starting at 07.00 WIB. Rewards will begin to be distributed the following day after collection begins between 07.00 WIB and 15.00 WIB to the user's Spot Wallet.

  • All users who have open positions for USDT Flexible Products will receive Real-Time APR rewards and Tiered APR Bonuses during the Promotion Period. After the promotion ends, users are only entitled to Real-Time APR rewards. 

  • Tiered APR Bonus Rewards are calculated based on the number of subscriptions and are influenced by the tier limit of each token. Please read the FAQ for more details.

  • Users can view their Flexible Product assets by going to Wallet > Earn > Simple Earn > Flexible.

  • Users can enable the “Automatic Subscription” function before completing a Flexible Product subscription which allows the user to automatically subscribe to the associated Flexible Product using the same assets from Spot Wallet.

  • Redemption time for Flexible Product subscriptions: Instant. 

  • Daily redemption limits apply to each Flexible Product and may change at any time. Redemption availability or delays in fulfilling redemption requests may be affected by various factors, including but not limited to extreme market volatility, network delays, a large number of simultaneous redemption instructions from other Binance users, or other unforeseen events.

  • Binance reserves the right to disqualify participants who act fraudulently or do not comply with the applicable terms and conditions based on reasonable considerations.

  • Binance reserves the right to cancel or change the Promotion or Promotion Rules at its sole discretion.

  • Additional promotional terms and conditions can be accessed here.

  • 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

05-12-2023