At Extreme Investor Network, we are excited to share the latest news from Binance regarding their new promotional offer for FDUSD Fixed Rate Locked Products. This limited-time offer promises a fixed annual percentage rate (APR) of 15.9% for a 14-day locked term, available for subscription from October 9 to October 22, 2024.
Binance’s FDUSD Locked Products promotion operates on a first-come, first-served basis, providing users with a guaranteed return of principal upon redemption or at the end of the locking period. Rewards are calculated daily and distributed to the user’s Spot Wallet, with the option for early redemption available (though it results in forfeiting accrued rewards).
To participate in this offer, users must first purchase FDUSD on the Spot market or through supported payment methods such as Visa, Mastercard, Apple Pay, or Google Pay. Once purchased, users can subscribe to the FDUSD Locked Products via the Simple Earn platform, selecting the 14-day term to start earning rewards.
Binance Simple Earn is the platform that allows users to deposit digital assets for flexible or locked terms, providing daily returns with liquidity and flexibility. Eligibility for this promotional offer is based on access to Binance Simple Earn Products, and users should review the Terms & Conditions and Risk Warning for comprehensive details.
It’s important to note that the locked assets may be loaned to other users, potentially impacting redemption timelines. Binance retains the right to amend or cancel the promotion at its discretion, and users are encouraged to stay informed of any updates on the platform.
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