This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance Simple Earn is adding Solayer (LAYER) on Locked Products. Complete subscriptions to LAYER on Simple Earn Locked Products during the Promotion Period to get up to 12.9%* in APR rewards!
Promotion Period: Subscriptions must take place between 2025-05-14 10:00 (UTC) and 2025-11-14 09:59 (UTC) to count as eligible subscriptions.
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. Sponsored rewards. Refer to the table below 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: On a daily basis.
Buy LAYER on the spot market, or via the Buy Crypto page, which supports payment methods including Visa and Mastercard cards, Apple Pay, Google Pay, and account balances. Users can also deposit LAYER to their Binance account.
Head to [Earn], and search for LAYER.
Select a Duration, and subscribe with LAYER to start earning up to 12.9% APR daily!
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.
Users may view their Locked Products subscriptions by going to Assets > 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 factor statement.
Sponsored rewards are contributions made by the respective protocol team to Binance with the express purpose of facilitating promotional activities.
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
2025-05-14
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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.
