Binance introduced “Earn on Wednesday” featuring enticing APRs for products such as USDT, USDC and exclusive rewards for BNB holders.
Binance, a leading global cryptocurrency exchange, has announced the launch of “Earn Wednesday,” an innovative series of limited-time offers designed to provide crypto investors with higher returns on various digital assets. The new initiative was revealed in a recent announcement on Binance’s official support page on March 13, 2024.
The Earn Wednesday program provides a unique opportunity for Binance users to increase their earnings through a range of products including Simple Earn, BNB Vault, ETH Staking and Dual Investment. The offerings are diverse, catering to different investment preferences and risk appetites.
For the flexible products, Binance released real-time APRs (annual percentage rates) for USDT, USDC and RONIN, with rates approximately 22%, 17% and 2.5% respectively. These products offer users the flexibility to invest with a minimum subscription limit of 0.1 USDT/USDC or 0.01 RONIN, with no limit on the maximum subscription limit.
Also introduced are locked products with a 120-day fixed term, featuring an APR of 3.5% for BNB, 8.1% for SOL and a dynamic APR for ETH Staking. Additionally, investors can enjoy ETHFI Launchpool Rewards by participating in BNB and SOL offerings.
An attractive component of Win Wednesday is the dual investment product, allowing BTC holders to earn up to 15% APR or more during periods of significant price volatility and trading volume.
Binance emphasized that the offers are available on a first-come, first-served basis. Subscribers can view their holdings in the Wallets > Earn section and have the option of early redemption subject to certain conditions. It is important to note that an early redemption will result in a deduction of the distributed interest from the repaid principal.
Additionally, Binance has introduced special promotions along with “Earn Wednesday”. Eligible users who subscribe to locked BNB products or any locked Simple Earn products during the promotional period can qualify for a share of up to 88,888 XAI in airdrop rewards.
As always, Binance has issued a risk warning, reminding users that digital asset prices are volatile and investment values may fluctuate. The platform encourages investors to make informed decisions and does not guarantee specific rewards over time.
The introduction of “Earn Wednesday” is part of Binance’s ongoing efforts to provide innovative investment options to its user base. By offering competitive APRs and additional rewards, Binance continues to solidify its position as a leading platform in the cryptocurrency space.
Crypto investors interested in taking advantage of these new, limited-time offers can do so by accessing the Binance platform. With user experience and investment flexibility as key drivers, Binance is poised to attract a significant number of participants to its latest Earn Wednesday initiative.
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