Binance Launches FIL and ETH Earn Products with 799 USDC Rewards

Binance has unveiled new promotional offers for its FIL (Filecoin) and ETH (Ethereum) Simple Earn products, designed to reward users with token vouchers of up to 799 USDC along with special annual percentage rates (APR) throughout the promotional period.

Promotion Details

The promotion is set to take place from September 19, 2024, through October 31, 2024. Users subscribing to FIL Simple Earn Flexible Products and ETH Simple Earn Fixed Rate Locked Products will qualify for the rewards.

The subscription will operate on a first-come, first-served basis. Rewards will be distributed according to the following criteria:

• Bonus Tiered APR: Issued daily to users’ Spot Wallets.
• Real-Time APR: Earned and tallied in users’ Earn Wallets on a minute-by-minute basis.
• Fixed APR: Remains unchanged throughout the locking period and is allocated daily to users’ Spot Wallets, with the first reward credited two days post-subscription.

Eligibility and Ranking

Within the promotional timeframe, users will be ranked according to their net eligible subscription amounts, defined as total assets subscribed minus assets redeemed. The top 15 users will share in the rewards.

In cases where users have identical net eligible subscription amounts, ranking will be determined based on subscription timing. Users who redeem previous Simple Earn positions solely to re-establish those same positions during the promotional duration will be assigned a net subscription amount of zero.

How to Get Started

1. Acquire ETH or FIL through the Spot Market or Buy Crypto sections on Binance, accepting various payment methods such as Visa, Mastercard, Apple Pay, and Google Pay. Alternatively, users can deposit FIL or ETH directly into their Binance account.
2. Visit the Simple Earn section on Binance and search for FIL or ETH.
3. Choose your preferred product (Flexible, 60-Day, or 90-Day) and subscribe to begin earning rewards.

Terms & Conditions

Binance retains the right to modify or terminate the promotion at any moment without notice. Users are encouraged to consult the Binance Simple Earn Terms & Conditions and Risk Warning for further details.

Rewards for Promotion B will be provided as USDC token vouchers within three weeks after the conclusion of the promotion. Users can claim their vouchers via the Binance Rewards Hub, with all vouchers expiring 30 days post-distribution.

For further details, please refer to the official Binance announcement.

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