Binance Introduces EURI Simple Earn Products with Up to 7% APR
Binance
has
announced
a
new
promotional
offering
for
its
Eurite
(EURI)
Simple
Earn
Flexible
Products,
allowing
users
to
earn
up
to
7%
Annual
Percentage
Rate
(APR).
The
promotion
will
run
from
September
23,
2024,
to
October
11,
2024,
according
to
Binance.
Promotion
Details
During
the
promotion
period,
users
who
subscribe
to
EURI
Simple
Earn
Products
can
enjoy
a
Bonus
Tiered
APR
of
7%
in
addition
to
the
Real-Time
APR
rewards
on
EURI
Flexible
Products.
The
subscription
is
on
a
first-come,
first-served
basis.
How
to
Participate
-
Buy
EURI
on
the
Binance
Spot
Market,
the
Buy
Crypto
page,
or
via
the
Deposit
page.
Supported
payment
methods
include
Visa,
Mastercard,
Apple
Pay,
Google
Pay,
and
Bank
Transfer
(Sepa).
Users
can
also
deposit
EURI
directly
into
their
Binance
account. -
Navigate
to
the
Simple
Earn
section
and
search
for
EURI. -
Select
FLEXIBLE
and
subscribe
to
EURI
Flexible
Products
to
start
earning
the
7%
Bonus-Tiered
APR
and
Real-Time
APR.
Rewards
Distribution
-
Bonus
Tiered
APR
is
distributed
daily
to
users’
Spot
Wallets. -
Real-Time
APR
is
accrued
and
directly
accumulated
in
users’
Earn
Wallets
every
minute. -
Locked
Product
APR
is
also
distributed
daily
to
users’
Spot
Wallets.
Terms
and
Conditions
-
Changes
to
the
Simple
Earn
Rewards
Rate
will
be
published
on
the
Binance
platform.
Users
are
advised
to
refer
to
the
Binance
Simple
Earn
Terms
&
Conditions
and
Risk
Warning
for
more
information. -
Bonus
Tiered
APR
is
an
additional
reward
on
top
of
Real-Time
APR,
starting
to
accrue
the
next
day
after
subscription
from
00:00
(UTC).
Rewards
will
be
distributed
the
following
day
between
00:00
(UTC)
and
08:00
(UTC)
to
the
user’s
Spot
Wallet. -
All
users
holding
open
positions
for
EURI
Flexible
Products
will
receive
both
Real-Time
APR
and
Bonus
Tiered
APR
during
the
promotion.
Post-promotion,
only
Real-Time
APR
rewards
will
be
provided. -
Binance
reserves
the
right
to
disqualify
participants
who
tamper
with
the
program
code
or
interfere
with
its
operation.
Binance
also
reserves
the
right
to
cancel
or
amend
the
promotion
at
its
discretion.
For
more
detailed
information,
users
can
refer
to
the
official
Binance
announcement.
Image
source:
Shutterstock
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