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Binance Unveils New Limited-Time Offers for Earn Wednesday - Blockchain.News

Binance Unveils New Limited-Time Offers for Earn Wednesday

Alvin Lang Sep 04, 2024 08:05

Binance announces new limited-time offers for Earn Wednesday, featuring Simple Earn, ETH Staking, Dual Investment, and more. Offers available on a first-come, first-served basis.

Binance Unveils New Limited-Time Offers for Earn Wednesday

Binance, a leading cryptocurrency exchange, has announced new limited-time offers under its Earn Wednesday program, as per an official announcement on their website. The initiative aims to provide users with opportunities to gain rewards across various financial products.

Trending Limited-Time Offers

Starting from this Wednesday, Binance Earn will introduce new offers, including Simple Earn, ETH Staking, and Dual Investment products. These offers are available on a first-come, first-served basis, and Binance reserves the right to adjust Annual Percentage Rates (APRs) at any time without prior notice.

Users can subscribe to these offers and view their assets in the Wallets > Earn section. Additionally, users have the option to redeem their assets early in Simple Earn Locked Products. However, early redemption may take up to 72 hours due to differing global time zones, and exceptional circumstances could delay the return further.

BNB Product Benefits

Users holding BNB Flexible or Locked Product positions will automatically receive rewards from ongoing Launchpools. They can also qualify for Megadrop rewards and HODLer Airdrops by maintaining active BNB Locked Products positions. These benefits extend to users who subscribe to BNB Simple Earn products with their BNB holdings.

Dual Investment

Binance has launched a new batch of Dual Investment products featuring updated Target Prices and Settlement Dates. These products allow users to utilize the Sell High or Buy Low options:

  • SELL HIGH: Targeted at users who want to accumulate high rewards on their cryptocurrency holdings or sell the deposit currency for a higher price compared to the market price on the subscription date.
  • BUY LOW: Targeted at users who want to accumulate high rewards on stablecoin holdings or buy a cryptocurrency for a lower price compared to the market price on the subscription date.

Binance emphasizes that digital asset prices can be volatile, and users are solely responsible for their investment decisions. The platform does not guarantee specific rewards over time, and APRs are estimates that may differ from actual rewards.

For detailed information, users are encouraged to refer to the original announcement on Binance's website.

Image source: Shutterstock