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      Binance Adds NOT on Simple Earn Locked Products

      This is a general announcement. Products and services referred to here may not be available in your region.

      Fellow Binancians,

      Binance Simple Earn is adding Notcoin (NOT) on Locked Products. Complete subscriptions to NOT on Simple Earn Locked Products during the Promotion Period to get up to 29.9%* in APR rewards!

      Mechanism on NOT Locked Products

      • Promotion Period: Subscriptions must take place between 2024-08-22 10:00 (UTC) and 2025-01-23 09:59 (UTC) to count as eligible subscriptions.

      • Subscription Format*: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply, and will impact the amount of APR rewards users receive. Refer to the table below and the notes in this announcement for more details.

      • Reward Calculation Period: From 00:00 (UTC) on the day after an eligible subscription to Locked Products is completed, until the end of the subscription period.

      • Rewards Distribution: On a daily basis.

      Offered Products (Locked Products)

      Digital Asset

      Duration

      APR During the Promotion Period

      Min. Subscription Limit per User

      Max. Subscription Limit per User

      NOT

      30 days

      7.9%

      10 NOT

      1,000,000 NOT

      60 days

      15.9%

      10 NOT

      1,000,000 NOT

      90 days

      29.9%

      10 NOT

      50,000 NOT

      How to Get Started with NOT Locked Products

      1. Head to [Earn], and search for NOT.

      2. Select Duration, and subscribe with NOT to start earning up to 29.9% APR daily!

      Subscribe Now!

      Please note:

      • Changes to the Simple Earn Rewards Rate will be published on the Platform from time to time. Please refer to Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn.

      • Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.

      • Unlock period for Locked Products: One day.

      • Locked Products FAQ.

      • About early redemption for Simple Earn Locked Products: Users may redeem their assets in advance. After choosing early redemption, digital assets will be returned to the spot account, and users will not be entitled to any rewards (accrued or otherwise). Any distributed rewards will be deducted from the refunded principal. It will take no longer than 72 hours after the end of the Locked Simple Earn Term to receive the digital assets back into users’ spot accounts.

      • Sponsored Rewards are contributions made by the respective protocol team to Binance with the express purpose of facilitating promotional activities.

      • 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.

      Thank you for your support!

      Binance Team

      2024-08-22

      Read the original article at binance

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