Binance Launches EURI Simple Earn Promotion with Up to 7% APR
Binance, the world's largest cryptocurrency exchange by volume, has announced an enticing promotion for its Eurite (EURI) Simple Earn Flexible Products. This new offering allows users to earn a Bonus Tiered Annual Percentage Rate (APR) of up to 7% in addition to Real-Time APR rewards, according to Binance.
Promotion Details
The promotion is set to run from October 23, 2024, until November 5, 2024. Participation is on a first-come, first-served basis, and users can subscribe to the EURI Simple Earn Products to benefit from this offer. The rewards are distributed in two forms: Bonus Tiered APR, which is credited daily to users' Spot Wallets, and Real-Time APR, which accumulates in users' Earn Wallets every minute.
How to Participate
To participate, users can purchase EURI on the Binance Spot Market or via the Buy Crypto and Deposit pages, which support various payment methods such as Visa, Mastercard, Apple Pay, Google Pay, and bank transfers. Once acquired, users need to head to the Simple Earn section and subscribe to the EURI Flexible Products to start earning the additional APR rewards.
Terms and Conditions
Binance has outlined several conditions for participating in this promotion. The Bonus Tiered APR rewards start accruing the day after subscription, with distribution commencing the following day. Importantly, both Real-Time and Bonus Tiered APR rewards are distributed from Binance's own funds and are influenced by prevailing market conditions. Binance has also reserved the right to amend the promotion or disqualify participants who violate the terms.
Additional Information
It's noteworthy that EURI is an e-money token issued by Banking Circle S.A., and participants can exchange EURI at par value for EUR. Binance advises users to review the Simple Earn Terms & Conditions and the Risk Warning prior to participation to ensure a thorough understanding of the associated risks and rewards.
This promotion represents Binance's ongoing efforts to offer competitive investment opportunities to its users, while also encouraging the use of its platform for diverse financial activities.