Ted Hisokawa
Oct 22, 2024 09:42
Binance rolls out a special limited-time offer for new users in the MENA and South Asia regions, featuring a 15% APR on USDT Simple Earn Locked Products for a duration of 30 days.
Binance has unveiled a new promotion aimed at attracting new users within the Middle East and North Africa (MENA) as well as South Asia. According to Binance, eligible users can enroll in USDT Simple Earn Locked Products, which provide an appealing 15% annual percentage rate (APR) over 30 days.
Promotion Specifications
This promotion, which started on October 22, 2024, will continue until November 20, 2024. It is specifically targeted at new users who haven’t subscribed to Simple Earn Locked Products prior to October 21, 2024. Additionally, users must complete their account verification to qualify for this offer. Rewards will be credited two days post-subscription and will be distributed daily to users’ Spot Wallets.
Eligibility Criteria and Subscription Process
To be eligible, users must be verified members of Binance.com within the designated regions, excluding the United Arab Emirates and India. Subscriptions are available on a first-come, first-served basis, and it may take up to 24 hours for new users to gain access to the offer. The locked term for these products is one day, with options for early redemption available, although this will result in the loss of any earned rewards.
Regulations and Conditions
Binance retains the authority to modify APR rates and alter the promotional terms at their discretion. Users should review the Binance Simple Earn Terms & Conditions and the Risk Warning for detailed information. Furthermore, Binance reserves the right to disqualify participants suspected of engaging in fraudulent activities or breaching the terms.
This promotion is designed to attract new users in the MENA and South Asia regions by offering competitive returns on stablecoin investments, capitalizing on the rising interest in digital assets in these areas. As Binance expands its footprint, such promotions are instrumental in broadening its user base and reinforcing its market stance.
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