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Binance Adds TON 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 Toncoin (TON) on Locked Products. Complete subscriptions to TON on Simple Earn Locked Products during the Promotion Period to get up to 5.9%* in APR rewards!
Mechanism on TON Locked Products
Promotion Period: Subscriptions must take place between 2024-09-03 10:00 (UTC) and 2024-09-23 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. Sponsored Rewards. 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 |
TON | 30 days | 2.59% | 0.1 TON | 50,000 TON |
60 days | 3.9% | 0.1 TON | 20,000 TON | |
90 days | 5.9% | 0.1 TON | 200 TON |
How to get Started with TON Locked Products
Head to [Earn], and search for TON.
Select Duration, and subscribe with TON to start earning up to 5.9% APR daily!
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.
For early redemption of Simple Earn Locked Products, assets are generally returned to your Spot Account within 72 hours after the redemption request. However, delays may occur due to exceptional circumstances such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on associated risks, please refer to the risk factor statement.
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
2024-09-03
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