Binance Introduces Astar (ASTR) on Simple Earn Locked Products
Binance,
a
leading
cryptocurrency
exchange,
has
announced
the
addition
of
Astar
(ASTR)
to
its
Simple
Earn
Locked
Products.
According
to
Binance,
users
can
earn
up
to
19.9%
APR
rewards
by
subscribing
to
ASTR
on
Simple
Earn
Locked
Products
during
the
promotional
period.
Promotion
Details
The
promotion
period
for
ASTR
subscriptions
runs
from
July
11,
2024,
at
10:00
UTC
to
October
11,
2024,
at
09:59
UTC.
The
subscription
operates
on
a
first-come,
first-served
basis,
with
minimum
subscription
amounts,
maximum
limits,
and
duration
requirements
impacting
the
APR
rewards.
Reward
Distribution
and
Calculation
Rewards
are
calculated
from
00:00
UTC
on
the
day
after
an
eligible
subscription
to
Locked
Products
is
completed,
continuing
until
the
end
of
the
subscription
period.
The
rewards
are
distributed
daily.
How
to
Subscribe
-
Navigate
to
the
Earn
section
on
the
Binance
app
or
website
and
search
for
ASTR. -
Select
the
desired
duration
and
subscribe
with
ASTR
to
start
earning
up
to
19.9%
APR
daily.
Important
Notes
-
Binance
reserves
the
right
to
adjust
APRs
at
any
time
after
the
promotion
period
without
prior
notice.
Users
are
advised
to
review
the
Binance
Simple
Earn
Terms
&
Conditions
before
participating. -
At
the
end
of
the
subscription
period,
Simple
Earn
will
redeem
the
digital
assets
to
Flexible
Products.
The
value
of
digital
assets
can
fluctuate
and
is
subject
to
change. -
Users
can
view
their
Locked
Products
subscriptions
in
the
Wallets
section
under
Earn
>
Simple
Earn
>
Locked. -
The
Auto-Subscribe
function
allows
users
to
automatically
renew
their
Locked
Products
position
upon
expiry. -
The
unlock
period
for
Locked
Products
is
one
day. -
Early
redemption
is
available,
but
users
will
forfeit
any
accrued
rewards,
and
it
may
take
48-72
hours
to
receive
the
assets
back
into
their
spot
accounts.
Binance
emphasizes
that
digital
asset
prices
can
be
volatile,
and
investments
carry
risk.
Users
are
solely
responsible
for
their
investment
decisions,
and
Binance
does
not
guarantee
specific
rewards
or
returns.
Image
source:
Shutterstock
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