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Binance Launches EURI Simple Earn Products Offering Up to 7% APR - Blockchain.News

Binance Launches EURI Simple Earn Products Offering Up to 7% APR

Zach Anderson Aug 30, 2024 16:36

Binance introduces EURI Simple Earn Flexible Products with up to 7% APR. Promotion runs from August 30 to September 12, 2024.

Binance Launches EURI Simple Earn Products Offering Up to 7% APR

Binance has announced the launch of a new promotional offer for its Eurite (EURI) Simple Earn Flexible Products, which will provide users with an exclusive Bonus Tiered Annual Percentage Rate (APR) of up to 7%. The promotion is set to run from August 30, 2024, to September 12, 2024, according to binance.com.

Enjoy Up to 7% APR Rewards with EURI Earn Products

During the promotion period, users who subscribe to EURI Simple Earn Products will be able to enjoy a Bonus Tiered APR of 7% on top of Real-Time APR rewards. The rewards will be distributed as follows:

  • Bonus Tiered APR: Distributed to users’ Spot Wallets on a daily basis.
  • Real-Time APR: Accrued and directly accumulated in users’ Earn Wallets every minute.
  • Locked Product APR: Distributed to users’ Spot Wallets on a daily basis.

How to Get Started with EURI Flexible Products:

  1. Buy EURI on the Spot Market or via the Buy Crypto page, which supports payment methods including Visa, Mastercard, Apple Pay, Google Pay, and wallet balances. Users can also deposit EURI to their Binance account.
  2. Head to [Simple Earn], and search for EURI.
  3. Select FLEXIBLE, and subscribe to EURI Flexible Products to start earning 7% Bonus Tiered APR and Real-Time APR.

Terms & Conditions:

  • Changes to the Simple Earn Rewards Rate will be published on the platform from time to time. Please refer to the Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn.
  • Flexible Products: Bonus Tiered APR is offered as an additional reward on top of Real-Time APR. Upon subscription, Bonus Tiered APR rewards start to accrue the next day starting from 00:00 (UTC). Rewards will start to be distributed the following day after accrual starts between 00:00 (UTC) and 08:00 (UTC) to the user’s Spot Wallet.
  • All users who hold open positions for EURI 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.
  • Bonus Tiered APR rewards are calculated based on the subscribed amounts and are subject to the respective tier limit for each token. Please refer to the FAQ for more details.
  • Redemption time for Flexible Products subscriptions: Instant.
  • Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
  • 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.
  • Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
  • Additional promotion terms and conditions can be accessed here.
  • There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

Binance encourages users to review the terms and conditions as well as the risk warnings associated with the promotion. The platform also reserves the right to amend or cancel the promotion at any time without prior notice.

Image source: Shutterstock