BSW Locked Products: Enjoy Up to 48.9% Rewards Rates, Share 500,000 BSW & Get Up to 10,235 BSW

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

Binance Simple Earn has launched BSW on Locked Products, along with two promotions for BSW Locked Products. Complete subscriptions to BSW Locked Products to earn multiple rewards.

Subscription Format: First-come, first-served basis.
Reward Calculation Period: From 00:00 (UTC) on the day after you complete your subscription to Locked Products, until the end of the subscription period.
Reward Payout Time: On a daily basis.

Offered Products (Locked Products)

Digital Assets	Duration	Max. Locked Products Subscription Limit Per User	Standard Annualized Interest Rate	Min. Locked Products Subscription Limit Per User
BSW	30 days	100,000 BSW	17.9%	0.1 BSW
BSW	60 days	10,000 BSW	23.9%	0.1 BSW
BSW	120 days	300 BSW	48.9%	0.1 BSW

Please note:

Binance Simple Earn will return digital assets/digital currencies to users’ spot wallets at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and is subject to change.
Users can view their Locked Products assets by going to Wallets > Earn > Simple Earn > Locked.
Users can enable the “Auto-Subscribe” function before completing subscriptions to Locked Products, which will automatically renew your existing Locked Products position into a new locked term of the same duration upon expiry.
Unlock period for Locked Products: One day.
Locked Products FAQ.
About early redemption: Users can choose to redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and any distributed rewards will be deducted from the refunded principal. It may take 48 - 72 hours to receive the digital assets.

Promotion 1: Buy & Subscribe to BSW Locked Products to Share 470,000 BSW

Promotion Period: 2022-10-27 12:00 (UTC) to 2022-11-27 11:59 (UTC)

During the promotion period, users who fulfill the following requirements will be eligible to participate in this promotion:

Attain a net purchase amount of 1,000 BSW or more (where net purchase amount means the total amount of BSW purchased on Binance Spot less the amount of BSW sold on Binance Spot).
Participate in 30, 60, or 120 days of BSW Locked Products.

For this promotion, 2,000 users will be selected from all eligible participants based on the Award Selection Rules Based on BNB Beacon Chain Hash Value to each receive 235 BSW tokens.

Promotion 2: Stand a Chance to Receive 10,000 BSW When Buying & Subscribing to BSW Locked Products

Promotion Period: 2022-10-27 12:00 (UTC) to 2022-11-27 11:59 (UTC)

During the promotion period, users who fulfill the following requirements will be eligible to participate in this promotion:

Attain a net purchase amount of 2,100 BSW or more (where net purchase amount means the total amount of BSW purchased on Binance Spot less the amount of BSW sold on Binance Spot).
Participate in 30, 60, or 120 days of BSW Locked Products.

For this promotion, three users will be selected from all eligible participants based on the Award Selection Rules Based on BNB Beacon Chain Hash Value to each receive 10,000 BSW tokens.

Terms and Conditions:

Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
Users may qualify for both Promotions 1 and 2, where applicable.
The BSW rewards for Promotions 1 and 2 will be allocated to recipients’ Binance Spot Wallet within two weeks after the activity ends. Users can see their rewards by selecting Wallet > Transaction History > Distribution.
Binance reserves the right to disqualify any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
Additional promotion terms and conditions can be accessed here.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

Thanks for your support!

Binance Team

2022-10-27

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.

Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.

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