By Blockchain News | Created at 2024-11-14 00:06:38 | Updated at 2024-11-22 19:31:47
1 week ago
Lawrence Jengar Nov 13, 2024 23:49
Binance introduces Earn Wednesday, offering limited-time rewards across Simple Earn, ETH Staking, SOL Staking, and more. Discover flexible and locked products available on a first-come, first-served basis.
Binance has announced the introduction of Earn Wednesday, a series of limited-time offers launching every Wednesday, aimed at providing users with diverse opportunities to earn rewards through various Binance Earn products. According to Binance.com, these offers include Simple Earn, ETH Staking, SOL Staking, and Dual Investment, among others.
Trending Limited-Time Offers
Binance's latest initiative, Earn Wednesday, features both flexible and locked products, granting users the chance to earn rewards on a first-come, first-served basis. The platform reserves the right to adjust Annual Percentage Rates (APRs) at any time without prior notice. Once subscribed, users can track their assets through the Wallets > Earn section. For those who opt for early redemption in Simple Earn Locked Products, the principal amount will be reverted to the Spot Account, with the distributed interest deducted.
Participants in Earn Wednesday are eligible to receive rewards from ongoing Launchpools by holding BNB Flexible and/or Locked Product positions. Additionally, users can accumulate scores for Megadrop rewards through active BNB Locked Products positions, along with receiving HODLer Airdrops when subscribed to BNB Simple Earn products.
Promotions and Opportunities
Binance is also offering new promotions under its Smart Arbitrage feature, now supporting XRP and DOGE. Users subscribing to USDT in any Smart Arbitrage portfolio can earn up to 20.95% APR, along with a 45% trading fee rebate. Another promotional opportunity allows users to buy crypto or deposit fiat and subscribe to Simple Earn to win up to 8 million PEPE and enjoy a 9% bonus tiered APR.
Dual Investment Products
A new batch of Dual Investment products has been introduced, enabling users to utilize Sell High or Buy Low strategies. These products are designed for users who wish to accumulate high rewards or sell their deposit currency at a higher future price compared to the market rate at the subscription date. Conversely, users can buy a cryptocurrency at a lower future price under the Buy Low option.
Binance emphasizes that discrepancies might exist between the original English content and translated versions, advising users to refer to the English version for the most accurate information. As always, Binance maintains the right to amend or cancel announcements at its discretion without prior notice.
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