Binance Adds Notcoin (NOT) to Simple Earn Locked Products with Up to 29.9% APR

Binance,
a
leading
cryptocurrency
exchange,
has
announced
the
inclusion
of
Notcoin
(NOT)
in
its
Simple
Earn
Locked
Products,
according
to

binance.com.
This
initiative
allows
users
to
earn
up
to
29.9%
Annual
Percentage
Rate
(APR)
rewards
during
the
promotional
period.

Promotion
Details

The
promotion
period
for
subscribing
to
NOT
on
Simple
Earn
Locked
Products
will
run
from
August
22,
2024,
at
10:00
UTC
to
January
23,
2025,
at
09:59
UTC.
Subscriptions
are
on
a
first-come,
first-served
basis,
and
users
must
meet
specific
minimum
and
maximum
subscription
amounts
and
duration
requirements
to
qualify
for
the
APR
rewards.

Mechanism
of
NOT
Locked
Products

• 
  Subscription
  Format:
  First-come,
  first-served
  basis.
  Various
  limits
  and
  duration
  requirements
  apply,
  affecting
  the
  APR
  rewards
  amount.

• 
  Reward
  Calculation
  Period:
  Rewards
  are
  calculated
  from
  00:00
  UTC
  the
  day
  after
  an
  eligible
  subscription
  until
  the
  end
  of
  the
  subscription
  period.

• 
  Rewards
  Distribution:
  Rewards
  will
  be
  distributed
  daily.

How
to
Get
Started

1. Navigate
   to
   the
   Earn
   section
   on
   Binance
   and
   search
   for
   NOT.

2. Select
   the
   desired
   duration
   and
   subscribe
   with
   NOT
   to
   start
   earning
   up
   to
   29.9%
   APR
   daily.

Additional
Information

Users
can
view
their
Locked
Products
subscriptions
by
going
to
Wallets
>
Earn
>
Simple
Earn
>
Locked.
The
unlock
period
for
Locked
Products
is
one
day.
Early
redemption
is
available,
but
users
will
forfeit
any
accrued
rewards,
which
will
be
deducted
from
the
principal
amount.

Binance
notes
that
sponsored
rewards
are
contributions
made
by
the
respective
protocol
team
to
facilitate
promotional
activities.
Any
discrepancies
in
translations
should
refer
back
to
the
original
English
version
for
the
most
accurate
information.

Binance
reserves
the
right
to
amend
or
cancel
the
announcement
at
any
time
without
prior
notice.
Users
are
advised
that
digital
asset
prices
can
be
volatile,
and
investments
may
go
up
or
down
in
value.
For
further
details,
users
are
encouraged
to
read
Binance’s

Terms
of
Use
and

Risk
Warning.

Image
source:
Shutterstock