Binance Introduces New USDC Flexible Products
Binance Launches USDC Flexible Products with 8% APR Rewards
Binance, one of the world’s leading cryptocurrency exchanges, has introduced a new offering for its users – USDC Flexible Products. This new product comes with an exclusive Bonus Tiered APR of 4% on top of Real-Time APR rewards, providing users with an opportunity to earn approximately 8% APR on their investments.
Details of the Promotion
The promotion is scheduled to run from May 13, 2024, 00:00 (UTC) to June 30, 2024, 23:59 (UTC). Users can participate in the promotion on a first-come, first-served basis, and rewards will start accruing the day after subscription. The rewards will be distributed to the user’s Spot Wallet the following day after accrual between 00:00 (UTC) and 08:00 (UTC).
Terms and Conditions
During the Promotion Period, users holding open positions for USDC Flexible Products will receive both Real-Time APR and Bonus Tiered APR rewards. After the promotion ends, users will continue to receive Real-Time APR rewards only. Users can monitor their Flexible Products assets by accessing Wallets > Earn > Simple Earn > Flexible. Redemption for Flexible Products subscriptions is instant.
Binance retains the right to disqualify participants engaging in fraudulent activities or not complying with the terms and conditions. The platform also reserves the right to modify or cancel the Promotion or Promotion Rules at its discretion.
Disclaimer
Investing in digital assets carries inherent risks due to price volatility. The value of investments can fluctuate, and there is no guarantee of returns. Users are advised to make investment decisions carefully, and Binance is not responsible for any losses incurred. For more information, users should refer to Binance’s Terms of Use and Risk Warning.
For users interested in taking advantage of this promotion, it is essential to review the Binance Simple Earn Terms & Conditions before participating. The availability of products and services may vary by region.
Overall, Binance’s introduction of USDC Flexible Products with attractive APR rewards presents a new opportunity for users to earn passive income through their cryptocurrency investments.