Simple Earn allows you to earn daily rewards by depositing your digital assets locked terms. You can subscribe or redeem at almost any time, so you can retain flexibility
and liquidity over your assets while earning daily rewards. For more details, please refer to the Terms & Conditions for each product.
Locked Products provide higher rewards in exchange for your assets being committed for fixed terms with predetermined redemption dates.
You can still choose to redeem your full balance at any time before the redemption date, but you will forgo any rewards you have accrued or received up to that point.
Daily rewards are distributed from Binance’s own funds and are determined based on the assessment and evaluation of prevailing market conditions.
The assets you deposit in Simple Earn are used for a variety of purposes, including by other business units within Binance.
Assets may also be used by other business units in Binance for operational purposes. However, business units must adhere to stringent policies and explicit limitations
around utilizing user assets deposited in Simple Earn.
Binance may also run promotional campaigns from time to time that are sponsored by partnered projects in order to attract more users onto our platform.
Thanks to our partners, Binance Earn may run short-term Simple Earn product offerings with higher APRs to benefit users.
Simple Earn APR rewards are determined with various carefully designed factors to ensure that rewards paid to Simple Earn users are sustainable and competitive.
Moreover, the APR offered to Simple Earn users is discretionary and does not reflect any indication of profitability within Binance's various operations.
For example, Binance may have regard to its competitor's offerings in deciding on appropriate levels of APR. Advertised rewards are not actual or
predicted returns/yield in any fiat currency.
Binance may also maintain a promotional rewards reserve to run promotional campaigns and introduce short-term promotional APR offerings on selected tokens
from time to time.
Simple Earn APR rewards offered to users is Locked Product APR for Locked Products.
Please refer to ”Get Started with Binance Simple Earn Locked Products” to learn more about how these rewards are calculated.
