Lawrence Jengar
Aug 22, 2024 11:43
Binance announces the addition of Notcoin (NOT) to its Simple Earn Locked Products, offering up to 29.9% APR during the promotion period.
Binance, a leading cryptocurrency exchange, has announced the inclusion of Notcoin (NOT) in its Simple Earn Locked Products, according to binance.com. This initiative allows users to earn up to 29.9% Annual Percentage Rate (APR) rewards during the promotional period.
Promotion Details
The promotion period for subscribing to NOT on Simple Earn Locked Products will run from August 22, 2024, at 10:00 UTC to January 23, 2025, at 09:59 UTC. Subscriptions are on a first-come, first-served basis, and users must meet specific minimum and maximum subscription amounts and duration requirements to qualify for the APR rewards.
Mechanism of NOT Locked Products
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Subscription Format: First-come, first-served basis. Various limits and duration requirements apply, affecting the APR rewards amount.
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Reward Calculation Period: Rewards are calculated from 00:00 UTC the day after an eligible subscription until the end of the subscription period.
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Rewards Distribution: Rewards will be distributed daily.
How to Get Started
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Navigate to the Earn section on Binance and search for NOT.
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Select the desired duration and subscribe with NOT to start earning up to 29.9% APR daily.
Additional Information
Users can view their Locked Products subscriptions by going to Wallets > Earn > Simple Earn > Locked. The unlock period for Locked Products is one day. Early redemption is available, but users will forfeit any accrued rewards, which will be deducted from the principal amount.
Binance notes that sponsored rewards are contributions made by the respective protocol team to facilitate promotional activities. Any discrepancies in translations should refer back to the original English version for the most accurate information.
Binance reserves the right to amend or cancel the announcement at any time without prior notice. Users are advised that digital asset prices can be volatile, and investments may go up or down in value. For further details, users are encouraged to read Binance’s Terms of Use and Risk Warning.
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