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Cryptocurrency News Articles

Binance Launches New Earn Wednesday Offers Featuring ETH and SOL Staking

Nov 14, 2024 at 08:05 am

Binance introduces Earn Wednesday, offering limited-time rewards across Simple Earn, ETH Staking, SOL Staking, and more. Discover flexible and locked products available on a first-come, first-served basis.

Binance Launches New Earn Wednesday Offers Featuring ETH and SOL Staking

Binance Introduces Earn Wednesday, Offering ETH, SOL Staking Rewards

Binance has announced a new initiative called Earn Wednesday, which will offer limited-time rewards across various Binance Earn products. Commencing every Wednesday, users can access these special promotions.

According to the Binance.com website, the Earn Wednesday offers will span Simple Earn, ETH Staking, SOL Staking, Dual Investment, and more.

Limited-Time Offers to Watch

Binance's latest Earn Wednesday initiative includes both flexible and locked products, allowing users to earn rewards on a first-come, first-served basis. The platform may adjust Annual Percentage Rates (APRs) at any time without prior notice.

Once subscribed, users can track their assets through the Wallets > Earn section. For those opting for early redemption in Simple Earn Locked Products, the principal amount will be reverted to the Spot Account, deducting the distributed interest.

Participants in Earn Wednesday are eligible to receive rewards from ongoing Launchpools by holding BNB Flexible and/or Locked Product positions. Furthermore, users can accumulate scores for Megadrop rewards through active BNB Locked Products positions, along with receiving HODLer Airdrops when subscribed to BNB Simple Earn products.

More Promotions, Opportunities

Binance is also introducing new promotions for its Smart Arbitrage feature, which now supports XRP and DOGE. By subscribing to USDT in any Smart Arbitrage portfolio, users can earn up to 20.95% APR, together with a 45% trading fee rebate.

Another promotional opportunity allows users to buy crypto or deposit fiat and subscribe to Simple Earn to win up to 8 million PEPE and enjoy a 9% bonus tiered APR.

Dual Investment Products Introduced

A new batch of Dual Investment products has been introduced, enabling users to utilize Sell High or Buy Low strategies. These products cater to users who wish to accumulate high rewards or sell their deposit currency at a higher future price compared to the market rate at the subscription date. In contrast, users can buy a cryptocurrency at a lower future price under the Buy Low option.

Binance highlights that discrepancies might exist between the original English content and translated versions, advising users to refer to the English version for the most accurate information. As always, Binance maintains the right to amend or cancel announcements at its discretion without prior notice.

News source:blockchain.news

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