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      Binance Adds 15-Day BNB Locked Products on Simple Earn

      This is a general announcement. Products and services referred to here may not be available in your region.

      Fellow Binancians,

      Binance Simple Earn is pleased to announce a Locked Products update on BNB (BNB). Complete subscriptions to 15-Day BNB Locked Products starting from 2024-02-09 07:00 (UTC) to earn BNB rewards daily and automatically receive Launchpool rewards (i.e., PIXEL Launchpool).

      Mechanism on BNB Locked Products

      • Subscription Format: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply. Refer to the table below for more details.

      • Reward Calculation Period: From 00:00 (UTC) on the day after you subscribe to Locked Products, until the end of the subscription period.

      • Rewards Distribution: On a daily basis.

      Offered Products (Locked Products)

      Digital Asset

      Duration

      Standard APR

      Min. Subscription Limit per User

      Max. Subscription Limit per User

      BNB

      15 Days (New)

      0.9%

      0.001 BNB

      500,000 BNB

      30 days

      1.4%

      0.001 BNB

      200,000 BNB

      60 days

      1.8%

      0.001 BNB

      100,000 BNB

      90 days

      2.1%

      0.001 BNB

      200,000 BNB

      120 days

      3.5%

      0.001 BNB

      20 BNB

      How to Get Started with BNB Locked Products

      1. Head to [Earn], and search for BNB.

      2. Select Duration, and subscribe with BNB to start earning up to 3.5% APR daily!

      Subscribe Now!

      Please note:

      • Binance reserves the right to adjust APRs at any time without prior notice. Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.

      • Binance Simple Earn will redeem the digital assets/digital currencies subscribed to Simple Earn Locked Products to Flexible Products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.

      • Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.

      • Users may enable the “Auto-Subscribe” function before completing subscriptions to Locked Products, which will automatically renew users’ existing Locked Products position into a new position of the same duration upon expiry.

      • Unlock period for Locked Products: One day.

      • Locked Products FAQ.

      • About early redemption for Simple Earn Locked Products: Users may redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards. Any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets.

      • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

      Thank you for your support!

      Binance Team

      2024-02-09

      Read the original article at binance

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