Binance Launches USDC Flexible Products with 8% APR Rewards
Zach Anderson May 13, 2024 05:26
Binance announces the launch of its USDC Flexible Products, promising up to 8% APR rewards for users who subscribe.
Binance Introduces New USDC Flexible Products
Binance, a leading global cryptocurrency exchange, has announced the introduction of its new USDC Flexible Products. The platform is offering an exclusive Bonus Tiered APR of 4% on top of Real-Time APR rewards, translating to approximately 8% APR for users who subscribe to these products.
Details of the Promotion
The promotion is set to run from 2024-05-13 00:00 (UTC) to 2024-06-30 23:59 (UTC). The subscription is on a first-come, first-served basis, and rewards will start accruing the day after subscription from 00:00 (UTC). The rewards will be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.
Terms and Conditions
Users who hold open positions for USDC Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards during the Promotion Period. Once the promotion ends, users will be entitled to Real-Time APR rewards only. Users can view their Flexible Products assets by going to Wallets > Earn > Simple Earn > Flexible. Redemption time for Flexible Products subscriptions is instant.
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. It also reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
This is a general announcement and products and services referred to here may not be available in your region. Please refer to Binance Simple Earn Terms & Conditions prior to using any products on the Binance Simple Earn platform.
Disclaimer
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. For more information, see Binance's Terms of Use and Risk Warning.
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