Binance Simple Earn Offers New Users Up to 11.5% APR on USDC, USDT, and ETH

Binance
has
announced
a
new
promotion
for
its
Simple
Earn
program,
specifically
targeting
new
users.
According
to
Binance,
eligible
participants
can
subscribe
to
USDC,
USDT,
or
ETH
Flexible
Products
and
enjoy
up
to
11.5%
in
Bonus
Tiered
APR
rewards.

Promotion
Details

The
promotion
period
runs
from
September
5,
2024,
00:00
(UTC)
to
September
19,
2024,
23:59
(UTC).
New
users
who
have
never
subscribed
to
Simple
Earn
Flexible
Products
before
September
4,
2024,
23:59
(UTC)
are
eligible
for
the
offer.
Participants
can
only
subscribe
to
one
of
these
special
offers
on
a
first-come,
first-served
basis.

Reward
Structure

Bonus
Tiered
APR
rewards
are
provided
in
addition
to
the
Real-Time
APR.
These
bonus
rewards
start
accruing
the
day
after
subscription,
beginning
at
00:00
(UTC).
Rewards
will
be
distributed
daily
between
00:00
(UTC)
and
08:00
(UTC)
to
the
user’s
Spot
Wallet.
The
bonus
rewards
will
be
available
for
up
to
five
days
during
the
promotion
period.
Users
can
resubscribe,
but
the
total
reward
duration
remains
capped
at
five
days.

After
the
promotion
ends,
only
Real-Time
APR
rewards
will
be
available.
Bonus
Tiered
APR
rewards
are
calculated
based
on
the
subscribed
amounts
and
are
subject
to
the
respective
tier
limit
for
each
token.

Terms
and
Conditions

Changes
to
the
Simple
Earn
Rewards
Rate
will
be
published
on
the
Binance
platform
from
time
to
time.
Users
are
advised
to
refer
to
the

Binance
Simple
Earn
Terms
&
Conditions
and
the

Risk
Warning
for
more
information
prior
to
using
Simple
Earn.

Users
can
view
their
Flexible
Products
assets
by
navigating
to
Wallets
>
Earn
>
Simple
Earn
>
Flexible.
The
redemption
time
for
Flexible
Products
subscriptions
is
instant.

Binance
reserves
the
right
to
disqualify
any
participants
who
tamper
with
the
program
code
or
interfere
with
its
operation
using
other
software.
Additionally,
Binance
may
disqualify
participants
who
act
fraudulently
or
do
not
adhere
to
the
applicable
terms
and
conditions.
The
company
also
retains
the
right
to
cancel
or
amend
the
promotion
at
its
discretion.

For
more
details,
users
can
refer
to
the
official
announcement
on

Binance.

Image
source:
Shutterstock