Binance Unveils New Earn Wednesday Offers: Explore Simple Earn, ETH Staking, and Dual Investment Options
Darius Baruo Jun 05, 2024 08:40
Discover Binance's new Earn Wednesday offers, including Simple Earn, ETH Staking, and Dual Investment.
Binance has announced its latest set of limited-time offers under the banner of 'Earn Wednesday.' The initiative, which launches new offers every Wednesday, aims to provide users with diverse investment opportunities across various products such as Simple Earn, ETH Staking, and Dual Investment, according to Binance.
Trending Limited-Time Offers
The new offers include flexible and locked products, and Binance reserves the right to adjust Annual Percentage Rates (APRs) at any time without prior notice. These offers are available on a first-come, first-served basis. Once subscribed, users can view their assets by navigating to Wallets > Earn. Users may also choose to redeem their assets in advance in Simple Earn Locked Products. However, early redemption will result in the deduction of distributed interest from the refunded principal. It may take 48-72 hours to receive the tokens due to differing global time zones.
Additionally, users who hold BNB Flexible Product or BNB Locked Product positions will automatically receive rewards from ongoing Launchpools. Further details can be found in the respective announcement. On top of that, users may accrue scores and qualify for Megadrop rewards with active BNB Locked Products positions, with more information available in the FAQ.
Dual Investment
Binance has also introduced a new batch of Dual Investment products with updated Target Prices and Settlement Dates. These products allow users to utilize the Sell High or Buy Low options on a first-come, first-served basis. The Dual Investment targets users who want to accumulate high rewards on their cryptocurrency holdings or sell the deposit currency at a higher future price compared to the market price on the subscription date.
For users interested in accumulating high rewards on stablecoin holdings or buying a cryptocurrency for a lower future price compared to the market price on the subscription date, the Buy Low option is available.
Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
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