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Home»ADOPTION NEWS»Binance Launches USDC Flexible Product with 8% APR Rewards
ADOPTION NEWS

Binance Launches USDC Flexible Product with 8% APR Rewards

By Crypto FlexsMay 13, 20242 Mins Read
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Binance Launches USDC Flexible Product with 8% APR Rewards
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Binance Launches New USDC Flexible Products

Binance, a leading global cryptocurrency exchange, announced the launch of a new USDC flexible product. In addition to real-time APR rewards, the platform offers an exclusive bonus tiered APR of 4%, which equates to approximately 8% APR for users who subscribe to its products.

Promotion Details

The promotion is set to run from 2024-05-13 00:00 (UTC) to 2024-06-30 23:59 (UTC). Subscriptions are made on a first-come, first-served basis, and rewards begin to be accumulated at 00:00 (UTC) the day after subscription. Rewards will be distributed to the user’s Spot Wallet the day after accumulation begins between 00:00 (UTC) and 08:00 (UTC).

Terms of Use

Users holding open positions on USDC flexible products will receive both real-time APR and bonus tiered APR rewards during the promotional period. Once the promotion ends, users will only be able to receive real-time APR rewards. Users can view their flexible product assets by going to Wallet > Savings > Simple Savings > Flexible. Redemption times for flexible product subscriptions take effect immediately.

Binance reserves the right to disqualify any participant who, in its reasonable judgment, engages in fraudulent activities or does not comply with the relevant terms and conditions. We also reserve the right to cancel or modify any promotion or promotion rules at our sole discretion.

This is a general notice; the products and services mentioned herein may not be available in your area. Please refer to the Binance Simple Earn Terms and Conditions before using products on the Binance Simple Earn platform.

disclaimer

Digital asset prices can be volatile. The value of your investments can fall as well as rise and you may not get back the amount you invest. You are solely responsible for your investment decisions and Binance is not responsible for any losses you may suffer. Please refer to Binance’s Terms of Use and Risk Warning for more information.

Image source: Shutterstock

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