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      Binance Adds RAY on Simple Earn Locked Products

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

      Fellow Binancians,

      Binance Simple Earn is launching RAY on Locked Products. Complete subscriptions to RAY Locked Products from 2024-01-04 12:00 (UTC) to get up to 5.9% in APR rewards.

      • Subscription Format: First-come, first-served basis.

      • 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

      RAY

      30 days

      3.9%

      0.1 RAY

      25,000 RAY

      60 days

      4.9%

      0.1 RAY

      15,000 RAY

      120 days

      5.9%

      0.1 RAY

      500 RAY

      How to Get Started

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

      2. Select Duration, and subscribe with RAY to start earning up to 5.9% 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

      2024-01-04

      Read the original article at binance

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