Binance Launches New “Wednesday Monetization” with Attractive APR
Binance introduced “Make Money Wednesday,” offering attractive APRs on products like USDT and USDC, as well as exclusive rewards for BNB holders.
Binance, a leading global cryptocurrency exchange, announced the launch of “Earn Wednesday,” an innovative limited-time offer series designed to provide cryptocurrency investors with higher returns on a variety of digital assets. The new plan was revealed in a recent announcement on Binance’s official support page dated March 13, 2024.
The “Make Money Wednesday” program offers Binance users a unique opportunity to increase their profits through a variety of products, including Simple Earn, BNB Vault, ETH staking, and dual investing. A variety of products are available to suit different investment preferences and risk appetite.
For flexible products, Binance has launched real-time Annual Percentage Rates (APRs) for USDT, USDC, and RONIN, with rates of approximately 22%, 17%, and 2.5%, respectively. The product offers users the flexibility to invest with a minimum subscription limit of 0.1 USDT/USDC or 0.01 RONIN, without any restrictions on the maximum subscription limit.
Locked products have also been introduced with a 120-day lock-in period and offer dynamic APRs of 3.5% for BNB, 8.1% for SOL and ETH staking. Investors can also enjoy ETHFI Launchpool rewards by participating in BNB and SOL products.
An attractive component of “Earn Wednesday” is the dual investment product, which allows BTC holders to earn up to 15% APR or more during periods of significant price volatility and trading volume.
Binance emphasized that the offer is available on a first-come, first-served basis. Subscribers can view their assets in the Wallet > Earn section and there is an early redemption option subject to certain conditions. It is important to note that the distributed interest is deducted from the principal refunded due to prepayment.
Additionally, Binance has introduced a special promotion with “Wednesday Savings”. Eligible users who subscribe to BNB pegs or Simple Earn pegs during the promotion period can receive up to 88,888 XAI as airdrop rewards.
As always, Binance has issued risk warnings reminding users that digital asset prices are volatile and the value of their investments may fluctuate. The platform encourages investors to make informed decisions and does not guarantee specific rewards over time.
The introduction of “Earn Wednesday” is part of Binance’s ongoing efforts to provide innovative investment options to its user base. By offering competitive APRs and additional rewards, Binance continues to solidify its position as a leading platform in the cryptocurrency space.
Cryptocurrency investors interested in taking advantage of this new limited-time offer can do so by accessing the Binance platform. With user experience and investment flexibility as key drivers, Binance is poised to attract a significant number of participants to its latest “Profit Wednesday” initiative.
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