Binance Adds Lista (LISTA) to Simple Earn Locked Products – Blockchain.News


Binance has introduced Lista (LISTA) to its Simple Earn Locked Products, offering up to 11.9% APR rewards during the promotion period.

Joerg Hiller

Jul 02, 2024 07:11

Binance, the global cryptocurrency exchange, has announced the addition of Lista (LISTA) to its Simple Earn Locked Products. According to Binance, users who complete subscriptions to LISTA on Simple Earn Locked Products during the promotion period can earn up to 11.9% APR rewards.

Promotion Details

The promotion period for subscribing to LISTA Locked Products runs from July 2, 2024, at 10:00 (UTC) until January 2, 2025, at 09:59 (UTC). The subscription operates on a first-come, first-served basis, with minimum subscription amounts, maximum limits, and duration requirements impacting the APR rewards users receive.

Subscription and Reward Mechanism

The reward calculation period starts from 00:00 (UTC) on the day after an eligible subscription is completed and continues until the end of the subscription period. Rewards are distributed daily, ensuring participants see regular returns on their investments.

How to Participate

Navigate to the Earn section on the Binance platform and search for LISTA.
Select the desired duration and subscribe with LISTA to start earning up to 11.9% APR daily.

Important Notes

Binance reserves the right to adjust APRs at any time after the promotion period without prior notice.
Upon the end of the subscription period, Binance Simple Earn will redeem the subscribed digital assets to Flexible Products.
Users can view their subscriptions by going to Wallets > Earn > Simple Earn > Locked.
An Auto-Subscribe function is available, allowing automatic renewal of existing Locked Products positions into new ones of the same duration upon expiry.
The unlock period for Locked Products is one day.
Users may redeem their assets early, but this will forfeit any accrued rewards, which will be deducted from the principal.

Binance’s introduction of LISTA to its Simple Earn Locked Products is part of a broader effort to provide users with diverse investment opportunities in the cryptocurrency market. With potential high returns and flexible subscription options, the initiative aims to attract both new and seasoned investors.

Image source: Shutterstockbinance
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