HomeBinanceBinance Launches USDT Locked Products with 6% APR

Binance Launches USDT Locked Products with 6% APR

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Binance Introduces 6% APR USDT Locked Products: Earn Stable Returns on Your USDT Deposits

Binance Introduces 6% APR USDT Locked Products

Binance, one of the leading cryptocurrency exchanges, has recently unveiled its latest offering – USDT Locked Products under the Simple Earn program. This new product promises users a fixed annual percentage rate (APR) of 6% on their USDT deposits, providing an attractive opportunity for investors looking to earn stable returns.

The mechanism behind the USDT Locked Products is straightforward. Users can subscribe to the product, which has a fixed duration of 21 days, on a first-come, first-served basis. The 6% APR remains constant throughout the subscription period, with rewards calculated and distributed daily to users’ Spot Wallets. While early redemption is possible, users will forfeit any accrued rewards up to that point.

To get started with the USDT Locked Products, users simply need to visit the Binance Simple Earn page, search for USDT, select the 21-day option, and subscribe to start earning the 6% APR. Binance Simple Earn allows for flexibility and liquidity, enabling users to earn daily rewards while maintaining control over their assets.

It is important to note that Binance reserves the right to adjust APRs without prior notice, and users should review the platform’s Terms & Conditions before participating in any products. At the end of the subscription period, assets locked in Simple Earn Locked Products will be transferred to Simple Earn Flexible Products.

Overall, Binance’s USDT Locked Products present a compelling opportunity for users to earn attractive returns on their USDT deposits, with the option for early redemption if needed. With the cryptocurrency market constantly evolving, this new offering provides a stable and secure way for investors to grow their digital assets.

(Image source: Shutterstock)

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