This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Earn is pleased to announce a promotion for Axelar (AXL) Locked Products. During the Promotion Period, users who complete subscriptions to AXL Simple Earn Locked Products are eligible to enjoy up to 20%* APR rewards. In addition, new AXL holders will have a chance to get exclusive AXL locked products airdrop rewards!
Promotion Period: 2025-02-27 00:00 (UTC) to 2025-08-25 23:59 (UTC)
Promotion Period: The exclusive APR is only applicable during the period between 2025-02-27 00:00 (UTC) and 2025-08-25 23:59 (UTC).
Subscription Format*: First-come, first-served basis. Minimum subscription amount, maximum subscription limits, and duration requirements apply, and will impact the amount of APR rewards users receive. Refer to the table above and the notes in this announcement for more details.
Reward Calculation Period: From 00:00 (UTC) on the day after an eligible subscription to Locked Products is completed, until the end of the subscription period.
Rewards Distribution: Distributed to Spot Account on a daily basis.
Promotion Period: 2025-02-27 00:00 (UTC) to 2025-05-01 23:59 (UTC)
In addition, during the Promotion Period, users who opt-in to the Promotion and fulfill the following requirements will be eligible to receive a predetermined amount of AXL tokens on a first-come, first-served basis.
Requirements:
Only users who do not have AXL Simple Earn Locked positions before 2025-02-27 00:00 (UTC) are eligible to participate.
Click “Register Now” to confirm participation on the campaign landing page.
During the Promotion Period, subscribe with a net eligible subscription amount* of at least 20 AXL in 20, 30, 60, 120, or 150-day AXL Locked Products
*Net eligible subscription amount = (Total subscription amount during the Promotion Period) - (Total redemption amount during the Promotion Period)
The first 20,000 new AXL Simple Earn Locked Product users will receive 3 airdrops in the third week of May, June, and July.
Rewards:
Users can buy AXL on the Buy Crypto page, which supports payment methods including Visa and Mastercard cards, Apple Pay, Google Pay, and wallet balances. Users can also deposit AXL to their Binance account.
Head to [Simple Earn], and search for AXL.
Select Duration, and subscribe to AXL Locked Products to enjoy up to 20% APR!
Axelar is a programmable Web3 interoperability platform, scaling the next generation of internet applications to a wide range of users.
Changes to the Simple Earn Rewards Rate will be published on the Platform from time to time. Please refer to Binance Simple Earn Terms & Conditions and Risk Warning for more information prior to using Simple Earn.
Binance Simple Earn will redeem the digital assets/digital currencies locked in Simple Earn Locked Products subscriptions to Simple Earn Flexible Products at the end of the agreed subscription period.
Users may view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked.
Unlock period for Locked Products: One day.
For early redemption of Simple Earn Locked Products, assets are generally returned to users’ Spot Accounts within 72 hours after the redemption request. However, delays may occur due to exceptional circumstances such as extreme market volatility, network outages, protocol failures, or a high volume of simultaneous redemption requests. For more information on associated risks, please refer to the risk warning.
Please note: The promotional APR offered by Binance is partly furnished through a sponsored partnership with our token partner. This collaboration allows us to provide a competitive and/or boosted APR for our valued Binance users.
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 any participants that, in its reasonable opinion, are acting fraudulently or not in accordance with any applicable terms and conditions.
Binance reserves the right to cancel or amend the Promotion or Promotion Rules at its sole discretion.
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
2025-02-27
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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.
