Binance Adds 15-Day BNB Locked Products on Simple Earn

2024-02-09 03:05

This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Simple Earn is pleased to announce a Locked Products update on BNB (BNB). Complete subscriptions to 15-Day BNB Locked Products starting from 2024-02-09 07:00 (UTC) to earn BNB rewards daily and automatically receive Launchpool rewards (i.e., PIXEL Launchpool).
Mechanism on BNB Locked ProductsSubscription Format: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply. Refer to the table below for more details.
Reward Calculation Period: From 00:00 (UTC) on the day after you subscribe to Locked Products, until the end of the subscription period.
Rewards Distribution: On a daily basis.
Offered Products (Locked Products)
Digital Asset
Duration
Standard APR
Min. Subscription Limit per User
Max. Subscription Limit per User
BNB
15 Days (New)
0.9%
0.001 BNB
500,000 BNB
30 days
1.4%
0.001 BNB
200,000 BNB
60 days
1.8%
0.001 BNB
100,000 BNB
90 days
2.1%
0.001 BNB
200,000 BNB
120 days
3.5%
0.001 BNB
20 BNB
How to Get Started with BNB Locked ProductsHead to [Earn], and search for BNB.
Select Duration, and subscribe with BNB to start earning up to 3.5% APR daily!
Subscribe Now!
Please note:﻿
Binance reserves the right to adjust APRs at any time without prior notice. Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
Binance Simple Earn will redeem the digital assets/digital currencies subscribed to Simple Earn Locked Products to Flexible Products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.
Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.
Users may enable the “Auto-Subscribe” function before completing subscriptions to Locked Products, which will automatically renew users’ existing Locked Products position into a new position of the same duration upon expiry.
Unlock period for Locked Products: One day.
Locked Products FAQ.
About early redemption for Simple Earn Locked Products: Users may redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.
There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-02-09

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.