Binance has launched new Simple Earn products, offering users high-yield opportunities with FDUSD (up to 16.2% APR) and EURI (7% APR). These promotions provide flexible and fixed-term options, catering to diverse investment preferences while maintaining liquidity.
Simple Earn Promotion Overview
Key Features
- FDUSD Fixed Rate Locked Products: Earn 16.2% APR for locked terms.
- EURI Flexible Products: Earn 7% APR with daily withdrawals.
- Promotion Period: November 20 – December 3, 2024 (first-come, first-served).
Rewards are distributed via:
- Real-Time APR: Accrued every minute to users’ Earn Wallets.
- Bonus Tiered APR: Paid daily to Spot Wallets.
How to Participate
Step-by-Step Guide
- Purchase FDUSD/EURI: Buy via Binance Spot Market or Buy Crypto page.
- Navigate to Simple Earn: Select FDUSD Locked or EURI Flexible products.
- Subscribe: Adjust terms (flexible/locked) and confirm.
Note: Early redemption of locked assets forfeits accrued rewards.
Understanding Binance Simple Earn
Core Benefits
- Daily Returns: Earn rewards without locking capital (flexible products).
- Transparent APR: Rates are fixed for locked terms; flexible rates may vary.
- No Issuer Affiliation: Rewards are funded by Binance, independent of FDUSD/EURI issuers.
Risks & Considerations
- Market Volatility: Cryptocurrency investments carry inherent risks.
- Loan Mechanisms: Deposited assets may be loaned to other Binance users.
- Terms Review: Always read Simple Earn Terms & Conditions before participating.
FAQs
1. Can I withdraw funds early from locked products?
Yes, but all pending rewards are forfeited.
2. How often are rewards paid?
- Real-Time APR: Every minute (Earn Wallet).
- Bonus APR: Daily (Spot Wallet).
3. Is there a minimum investment?
Binance does not specify a minimum; check the product details for limits.
4. Are these promotions available globally?
Restrictions may apply based on regional regulations.
5. How does Binance fund the APR rewards?
Rewards come from Binance’s reserves, not FDUSD/EURI issuers.
👉 Maximize your crypto earnings today
Final Notes
This promotion combines high yields with flexibility, ideal for both passive investors and active traders. Users should assess risk tolerance and stay updated on market trends to optimize returns.