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Binance Introduces EURI Simple Earn Products with Up to 7% APR - Blockchain.News

Binance Introduces EURI Simple Earn Products with Up to 7% APR

Rongchai Wang Sep 22, 2024 11:05

Binance launches a new promotion for EURI Simple Earn Flexible Products, offering up to 7% APR. Available from September 23 to October 11, 2024.

Binance Introduces EURI Simple Earn Products with Up to 7% APR

Binance has announced a new promotional offering for its Eurite (EURI) Simple Earn Flexible Products, allowing users to earn up to 7% Annual Percentage Rate (APR). The promotion will run from September 23, 2024, to October 11, 2024, according to Binance.

Promotion Details

During the promotion period, users who subscribe to EURI Simple Earn Products can enjoy a Bonus Tiered APR of 7% in addition to the Real-Time APR rewards on EURI Flexible Products. The subscription is on a first-come, first-served basis.

How to Participate

  1. Buy EURI on the Binance Spot Market, the Buy Crypto page, or via the Deposit page. Supported payment methods include Visa, Mastercard, Apple Pay, Google Pay, and Bank Transfer (Sepa). Users can also deposit EURI directly into their Binance account.

  2. Navigate to the Simple Earn section and search for EURI.

  3. Select FLEXIBLE and subscribe to EURI Flexible Products to start earning the 7% Bonus-Tiered APR and Real-Time APR.

Rewards Distribution

  • Bonus Tiered APR is distributed daily to users’ Spot Wallets.

  • Real-Time APR is accrued and directly accumulated in users’ Earn Wallets every minute.

  • Locked Product APR is also distributed daily to users’ Spot Wallets.

Terms and Conditions

  • Changes to the Simple Earn Rewards Rate will be published on the Binance platform. Users are advised to refer to the Binance Simple Earn Terms & Conditions and Risk Warning for more information.

  • Bonus Tiered APR is an additional reward on top of Real-Time APR, starting to accrue the next day after subscription from 00:00 (UTC). Rewards will be distributed the following day between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.

  • All users holding open positions for EURI Flexible Products will receive both Real-Time APR and Bonus Tiered APR during the promotion. Post-promotion, only Real-Time APR rewards will be provided.

  • Binance reserves the right to disqualify participants who tamper with the program code or interfere with its operation. Binance also reserves the right to cancel or amend the promotion at its discretion.

For more detailed information, users can refer to the official Binance announcement.

Image source: Shutterstock