This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is launching an exclusive promotion for certain markets in the APAC region! Eligible users can form teams with their invitees to join the Team Competition. The top teams can get a chance to qualify for a special 7-day 20% APR on up to 100 USDT when they subscribe to 7-day Binance Simple Earn USDT Locked Products and receive 1% cashback in BTC token voucher. Eligible inviters can also stand a chance to receive extra exclusive Binance Swags.
Promotion Period: 2025-04-22 04:00 (UTC) to 2025-05-06 23:59 (UTC).
To be eligible for the rewards, both the inviter and invitees have to fulfill all the following reward requirements listed in the table below.
Notes:
To successfully form a team, the invitee must enter their inviter’s Binance ID in the survey before the end of the Promotion Period. Please note that the invitee and the inviter must be different individuals.
Both the inviter and invitee have to complete the eligible purchase as mentioned in the reward requirements.
Each eligible team can only have one inviter.
Eligible teams will be ranked according to the total number of eligible invitees who joined the team during the Promotion Period. The top 30 eligible winning teams* will be qualified for a special 7-day 20% APR when they subscribe to 7-day Binance Simple Earn USDT Locked Products and receive 1% cashback in BTC token vouchers.
In addition, the eligible inviters in the top 30 eligible winning teams* can each stand a chance to receive extra exclusive Binance Swags.
Utilize the Ranking Booster: If the invitee is a new Binance user**, the number of eligible team members will be considered as two. The more new users in your team, the higher your chances of winning.
Notes:
*If the eligible winning team has more than 100 eligible team members, only the first 100 users, ranked by the time they complete the required purchase, will be eligible for the respective rewards.
**A new Binance user is defined as a user who has not registered on Binance prior to 2025-04-22 04:00 (UTC).
Only eligible users who complete account verification and register on the Campaign page in certain APAC countries will be eligible to join this Promotion.
The availability of the "Buy Crypto" feature is subject to availability in the region. In accordance with the options offered in the user’s region, this feature allows them to purchase cryptocurrency using various methods such as P2P trading, credit/debit cards, e-wallets, and online banking. Alternatively, users may deposit fiat currencies into their Binance account first before making crypto purchases using the "Buy Crypto" feature.
For users who complete purchases via the "Buy Crypto" feature with P2P trading, please note that only taker purchasing volume will count toward the total purchase volume calculations in the aforementioned promotions.
Taker: When users place an order on Binance P2P that trades immediately before going on the order book, they are takers. These trades are “taking” volume off the order book, and are therefore taker trades.
Campaign Rewards:
The special 20% APR offer with 7-day USDT Binance Simple Earn Locked Product:
Only the top 30 eligible teams, in total maximum 3,000 users, will be able to see and subscribe to this special offer. The special APR offer is granted on a first-come, first-served basis.
The special 20% APR 7-day USDT Simple Earn Locked Product will be opened to eligible users and will be available for subscription before 2025-05-27. The availability of this subscription will expire on 2025-06-24.
Mechanism on 20% APR 7-day USDT Simple Earn Locked Product:
Personal Subscription Limit: 100 USDT.
APR: The 20% APR will be at a fixed rate for 7 days once the user has subscribed and will remain the same through the entire Locked Simple Earn Term.
APR Reward Calculation Period: From 00:00 (UTC) on the day after you subscribe to Locked Products, until the end of the subscription period.
APR Rewards Distribution: Distributed to Spot Account on a daily basis. The first reward will be given the day after accrual starts (two days after subscription).
Early Redemption: Users may early redeem the locked assets, but all rewards received will be forfeited. Subject to the Simple Earn Product Terms, the full balance of the locked assets, minus any rewards distributed during the term, will be returned to users’ Spot Account within the next 72 hours.
Binance Simple Earn will redeem the digital assets locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.
APR rewards are distributed from Binance’s own funds, and are determined based on the assessment and evaluation of prevailing market conditions. This Promotion is not associated with the issuer of USDT in any manner.
The assets you deposit in Simple Earn may be loaned to other Binance users (e.g., Margin and Crypto Loan products).
A large amount of redemption requests might delay redemption temporarily. Redemptions may resume upon return of liquidity.
Unlock period for Locked Products: One day.
Users may view their Locked Products subscriptions by going to Assets > Earn > Simple Earn > Locked.
Please refer to Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn.
For more information, please check the Binance Simple Earn Locked Products FAQ.
For 1% cashback token vouchers:
A total of 3,000 winners are available for this Promotion.
The reward is distributed on a first-come, first-served basis, in the form of BTC token vouchers.
All token voucher rewards will be distributed within three weeks after the Promotion ends. Users will be able to log in and redeem their token vouchers via Profile > Rewards Hub.
All the distributed token vouchers will expire within four weeks after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem voucher rewards.
For Binance Swags:
Binance will contact users who are eligible to receive Binance Swags via email for the delivery of these items within four weeks after the Promotion ends. Eligible users are required to fill out a designated form within one week after receiving the confirmation email from the Binance team. If winners fail to respond, the prize will be forfeited.
By providing the information, users acknowledge and consent to the sharing of their personal information, including their names, addresses, and any other details necessary for the delivery of Binance Swag rewards.
Binance Swags may take up to 30 business days to be delivered to the winners' addresses. In the event of geographical delivery or other restrictions, winners will receive a BTC token voucher of equivalent value.
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to disqualify user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk registered accounts, self dealing, or market manipulation).
Binance reserves the right to disqualify any participants who tamper with Binance program code, or interfere with the operation of Binance program code with other software.
Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms, and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, namely applicable:
Changes in applicable regulations or policies;
Obligations arising out of law or decisions issued by common courts or public administration;
Anti-money laundering or combating financing terrorism rules;
Technical issues beyond our control;
Necessity to protect users from potential losses;
Necessity to protect Binance from the loss of reputation;
Extraordinary events or circumstances beyond our control (force majeure).
Additional promotion terms and conditions can be accessed here.
There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.
Thank you for your support!
Binance Team
2025-04-22
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.
