Caroline Bishop
Aug 7, 2024 04:12
Binance introduces new benefits for Earn Wednesday, offering various rewards on Wednesdays including Simple Earn, ETH Staking, Dual Investment, and more.
The world-renowned cryptocurrency exchange Binance has announced the launch of new limited-time offers as part of its Earn Wednesday program. According to Binance, these offers will give users the opportunity to earn rewards on a variety of products, including Simple Earn, ETH Staking, and Dual Investment.
Popular limited time specials
Binance’s latest initiative introduces flexible and locked products that are available on a first-come, first-served basis. Users are advised that Binance reserves the right to adjust the annual percentage rate (APR) at any time without prior notice. After subscribing, users can view their assets by going to Wallets > Earn.
Simple Earn Locked Products subscribers can choose to redeem their assets in advance. In this case, the principal will be returned to the spot account and the distributed interest will be deducted from the returned principal. Depending on the global time zone, it may take 48-72 hours to receive the tokens.
Additionally, users holding BNB Flexible Product and/or BNB Locked Product positions will automatically receive rewards from the ongoing Launchpool. More details can be found in the official announcement.
Users holding active BNB Lock product positions are also eligible for Megadrop rewards. More information can be found in the FAQ. Additionally, BNB holders who subscribe to the BNB Simple Earn product will be eligible to receive airdropped tokens through HODLer Airdrops.
Dual Investment Opportunity
From July 29, 2024 to August 11, 2024, users can join Dual Investment to win up to $2,000 in BTC rewards. Binance also launched a new Dual Investment product with updated target prices and settlement dates, allowing users to take advantage of Sell High or Buy Low products.
The Sell High option is intended for users who want to accumulate high rewards for holding cryptocurrencies or sell their deposit currency at a future price higher than the market price on the day of subscription. Conversely, the Buy Low option is intended for users who want to accumulate high rewards for holding stablecoins or buy cryptocurrencies at a future price lower than the market price on the day of subscription.
Binance reserves the right to amend or cancel this announcement at any time without prior notice. For more information, users are advised to refer to the original (Binance)(https://www.binance.com/en/support/announcement/earn-wednesday-new-limited-time-offers-available-now-2024-08-07-df98cddd3b8742afa11daeed58a6d124) announcement.
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