Earn Up to 6X More with Savings Tier APY

Binance

Fellow Binancians,

Binance has introduced a new Savings Tier APY Structure to the Flexible Savings products. This feature is designed to help users increase their earnings by up to 6x on Flexible Savings. At launch, the Savings Tier APY Structure is applicable to the following cryptocurrencies: BTC, USDT, BUSD, USDC. More assets will be supported later.

Details below:

	Previous Structure	Savings Tier APY Structure (Holding amount, APY)
Currency	APY	Tier 1	Tier 2	Tier 3
BTC	0.5%	< 0.05 BTC, 3%	0.05 - 0.5 BTC, 1%	> 0.5 BTC, 0.1%
USDT	1.2%	0 - 75,000 USDT, 3%	> 75,000 USDT, 0.5%	-
BUSD	0.8%	0 - 75,000 BUSD, 1.6%	> 75,000 BUSD, 0.4%	-
USDC	0.64%	0 - 75,000 USDC, 1.2%	> 75,000 USDC, 0.3%	-

Notes：

Savings Tier APY Structure goes effective starting from 2021-11-02 00:00 (UTC) for new users who subscribe to and existing users who have subscribed to BTC, USDT, BUSD and USDC Flexible Savings products.
APY is subject to change on a daily basis.
Binance Savings will make adjustments to the types of supported assets, interest rates, individual limits and total subscription limits based on market conditions and our internal risk management.
Please refer to Binance Terms of Use prior to using any products on the Binance Savings platform.

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.

Thanks for your support!

Binance Team

2021-11-02

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.

Read the original article at binance

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