Binance Adds ACA 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 adding Acala (ACA) on Locked Products. Complete subscriptions to ACA on Simple Earn Locked Products during the Promotion Period to get up to 12.9%* in APR rewards!

Mechanism on ACA Locked Products

Promotion Period: Subscriptions must take place between 2024-04-18 10:00 (UTC) and 2024-07-18 09:59 (UTC) to count as eligible subscriptions.
Subscription Format*: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply, and will impact the amount of APR rewards users receive. Refer to the table below and the notes in this announcement for more details.
Reward Calculation Period: From 00:00 (UTC) on the day after an eligible subscription to Locked Products is completed, until the end of the subscription period.
Rewards Distribution: On a daily basis.

Offered Products (Locked Products)

Digital Asset	Duration	APR During the Promotion Period	Min. Subscription Limit per User	Max. Subscription Limit per User
ACA	30 days	7.9%	0.1 ACA	500,000 ACA
	60 days	9.9%	0.1 ACA	100,000 ACA
	90 days	12.9%	0.1 ACA	10,000 ACA

How to Get Started with ACA Locked Products

Head to [Earn], and search for ACA.
Select Duration, and subscribe with ACA to start earning up to 12.9% APR daily!

Subscribe Now!

Please note:

Binance reserves the right to adjust APRs at any time after the Promotion Period 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 (accrued or otherwise). Any distributed rewards will be deducted from the refunded principal. It may take 48-72 hours to receive the digital assets back into users’ spot accounts.
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.