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

1. Navigate
   to
   the
   Earn
   section
   on
   the
   Binance
   app
   or
   website
   and
   search
   for
   ASTR.
2. 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