Binance Introduces FIL and ETH Simple Earn Products with Up to 799 USDC Rewards
The post Binance Introduces FIL and ETH Simple Earn Products with Up to 799 USDC Rewards appeared on BitcoinEthereumNews.com.
Ted Hisokawa Sep 19, 2024 04:03 Binance launches promotions for FIL and ETH Simple Earn Products, offering up to 799 USDC rewards and special APR rates. Binance has announced new promotions for its FIL (Filecoin) and ETH (Ethereum) Simple Earn Products. The initiative aims to reward users with up to 799 USDC in token vouchers and offers special annual percentage rates (APR) during the promotion period. Promotion Details According to Binance, the promotion period will run from September 19, 2024, to October 31, 2024. Users who subscribe to FIL Simple Earn Flexible Products and ETH Simple Earn Fixed Rate Locked Products will be eligible for the rewards. The subscription format is on a first-come, first-served basis. Rewards will be distributed based on the following criteria: Bonus Tiered APR: Distributed daily to users’ Spot Wallets. Real-Time APR: Accrued and accumulated in users’ Earn Wallets every minute. Fixed APR: Remains constant throughout the locked term and is distributed daily to users’ Spot Wallets. The first reward will be given two days after subscription. Eligibility and Ranking During the promotion period, users will be ranked by their net eligible subscription amount, which is calculated as the total assets subscribed minus the total assets redeemed. The top 15 users will share the rewards. If two or more users have the same net eligible subscription amount, they will be ranked based on their subscription timing. Users who redeem existing Simple Earn positions only to recreate the same positions during the promotion period will have a net subscription amount equivalent to zero. How to Get Started Buy ETH or FIL on the Spot Market or via the Buy Crypto pages on Binance, which supports various payment methods including Visa, Mastercard, Apple Pay, and Google Pay. Alternatively, users can deposit FIL or ETH to their Binance account.…
Filed under: News - @ September 19, 2024 4:14 am