APY Upgrade - Earn Up to 10X More with Flexible Savings

2022-01-21 05:36

Fellow Binancians,

Binance has upgraded APYs for ADA, BTC, BUSD, ETH and USDT, helping users to increase their earnings by up to 10x on Flexible Savings.

The APY of BTC, BUSD and USDT Flexible Savings will be adjusted according to the following Tier APY Structure:

	Previous Structure	New Tier APY Structure (Holding amount, APY)
Currency	APY	Tier 1	Tier 2	Tier 3
BTC	0.5%	0-0.01 BTC	0.01 BTC < Amount ≤ 0.5 BTC	> 0.5 BTC
BTC	0.5%	5%	1%	0.1%
BUSD	0.8%	0-500 BUSD	500 BUSD < Amount ≤ 20,000 BUSD	> 20,000 BUSD
BUSD	0.8%	7%	1%	0.4%
USDT	1.2%	0-2,000 USDT	2,000 USDT < Amount ≤ 75,000 USDT	> 75,000 USDT
USDT	1.2%	7%	4%	0.5%

The APY of ADA and ETH will be adjusted according to the following Tier APY Structure:

	Previous Structure	New Tier APY Structure (Holding amount, APY)
Currency	APY	Tier 1	Tier 2
ADA	0.48%	0–500 ADA	> 500 ADA
ADA	0.48%	1%	0.3%
ETH	0.24%	0-0.2 ETH	> 0.2 ETH
ETH	0.24%	2.4%	0.1%

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Notes：

The new Tier APY Structure goes effective starting from 2022-01-21 00:00 (UTC) for new users who subscribe to and existing users who have subscribed to ADA, BTC, BUSD, ETH and USDT Flexible Savings products.
APY is subject to change on a daily basis.
Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.
Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2022-01-21

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.