Binance Introduces Limited-Time Offers in Earn Wednesday Program

Zach Anderson  Sep 18, 2024 16:21  UTC 08:21

0 Min Read

Binance has unveiled a new initiative called Earn Wednesday, which features a series of limited-time offers aimed at providing users with various rewards. According to Binance, these offers will be available every Wednesday and will include opportunities across Simple Earn, ETH Staking, SOL Staking, and Dual Investment.

Trending Limited-Time Offers

The offers include both flexible and locked products. Binance reserves the right to adjust annual percentage rates (APRs) at any time without prior notice. These offers are available on a first-come, first-served basis.

Once subscribed, users can view their assets by navigating to Wallets > Earn. For those who opt for early redemption in Simple Earn Locked Products, the principal will be returned to their spot account, and any distributed interest will be deducted from the refunded principal. Due to global time zone differences, it may take up to 72 hours to receive the tokens, although exceptional circumstances may cause further delays. For more information, users are advised to review Binance's terms and risk warnings.

Users holding BNB Flexible Product and/or BNB Locked Product positions will automatically receive rewards from ongoing Launchpools. Additionally, users can accrue scores and qualify for Megadrop rewards with active BNB Locked Products positions. Those subscribing to BNB Simple Earn products can also receive airdropped tokens via HODLer Airdrops.

Dual Investment

Binance has also launched new Dual Investment products with updated target prices and settlement dates. Users can choose between Sell High and Buy Low products. The Sell High option is targeted at users who wish to accumulate high rewards on their cryptocurrency holdings or sell the deposit currency at a higher future price compared to the market price on the subscription date. Conversely, the Buy Low option is for users looking to accumulate high rewards on stablecoin holdings or buy a cryptocurrency at a lower future price compared to the market price on the subscription date.

Note: There may be discrepancies between the translated versions of this announcement and the original English version. Users are encouraged to refer to the original version for the most accurate information.

Binance reserves the right to amend or cancel this announcement at any time and for any reason without prior notice. Digital asset prices can be volatile, and the value of investments may go down or up. Users are solely responsible for their investment decisions, and Binance is not liable for any losses incurred. Simple Earn Locked Products will return the digital assets to users’ spot accounts after the agreed period ends or upon early redemption. APR is an estimate of rewards in cryptocurrency over the selected timeframe and may differ from actual rewards generated. For Dual Investment, users may be required to trade at a rate less favorable than the market rate on the Settlement Date. For more information, users should review Binance's Terms of Use and Risk Warning.



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