Binance Introduces Fixed APR FDUSD Locked Products Offering 15.9% APY

Binance Launches FDUSD Locked Products with 15.9% Fixed APR

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Binance Launches FDUSD Locked Products with 15.9% Fixed APR

Binance Introduces FDUSD Locked Products

Binance has recently launched a promotional offer for its FDUSD Locked Products, allowing users to earn a fixed annual percentage rate (APR) of 15.9% on their deposits during the limited promotion period. This initiative is designed to enhance user earning potential and provide a secure investment opportunity.

Promotion Details

From August 30, 2024, 07:00 UTC to September 9, 2024, 06:59 UTC, eligible users can subscribe to the FDUSD Locked Products and enjoy the 15.9% APR. The subscription format operates on a first-come, first-served basis for a duration of 10 days.

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Understanding FDUSD Locked Products

  • Subscription Format: Limited subscriptions on a first-come, first-served basis for 10 days.
  • APR: Fixed at 15.9% throughout the Locked Simple Earn Term.
  • Principal Protection: Users will receive their principal back upon redemption or at the end of the locking period.
  • Reward Calculation Period: Starts the day after subscription and continues until the end of the subscription period.
  • Rewards Distribution: Daily to users’ Spot Wallets.
  • Early Redemption: Possible with forfeiture of rewards.

How to Participate

  1. Purchase FDUSD on the Spot market or via the Buy Crypto page.
  2. Navigate to [Simple Earn] and search for FDUSD.
  3. Select the 10-day option and subscribe to FDUSD Locked Products to start earning 15.9% APR.
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Benefits of Binance Simple Earn

Binance Simple Earn offers users the flexibility to earn daily rewards by depositing digital assets for flexible or locked terms. It allows for easy subscription and redemption, ensuring a seamless investment experience.

Important Notes

  • The promotion is subject to eligibility and jurisdictional restrictions.
  • APRs may be adjusted without prior notice.
  • Locked assets may be loaned to other Binance users.

For more details and FAQs, visit the Locked Products section on Binance’s platform. Stay tuned to Extreme Investor Network for more exclusive insights and updates on the crypto industry.

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