Simple Earn allows users to earn daily rewards by depositing assets, either for flexible-term or locked-terms.
When will I start earning?
The first distribution of Rewards to your Spot wallet will be on the third day after you Subscribe, between 0:00 UTC to 08:00 UTC.
How are the daily rewards calculated?
Rewards=your deposited assets*APR/365 *APR is subject to change, and may change on a daily basis.
What happens if I redeem my Locked Products early?
You can redeem your assets anytime. But if you do this before the locked period ends, you’ll lose all rewards you have accrued. Any rewards recorded in your Spot wallet will be deducted from the asset you deposited, when you withdraw them.
What is the difference between Fast Redemption and Standard Redemption for flexible-term products?
If you elect to redeem using Fast Redemption:
Rewards will not be accrued or distributed to your Spot wallet for the day that you elect to redeem; and your saved assets will be returned to your Spot wallet immediately;
If you elect to redeem using Standard Redemption:
Rewards will be accrued and distributed to your Spot wallet for the day that you elect to redeem; and your saved assets will be returned to your Spot wallet within 24 hours of your request.
Auto-Subscribe
Turning Auto-Subscribe on means your corresponding assets (including interests and new token purchases) in Spot Wallet will be transferred to Earn Wallet at 02:00 (UTC) and 16:00 (UTC) daily. You can find the Auto-Subscribe history under Wallets > Earn History > Flexible.
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Amount Limits
Minimum:
0.1 OAX
Available Quota:
60,000 OAX
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Summary
Subscription Date
2022-12-16 10:42
Value Date
2022-12-17 05:30
Interest End Date
2023-01-07 05:30
Redemption Date
2023-01-08 15:30
Est. APR
24.79%
Est. Interest--
The APR is subject to change on a daily basis. Please refer to the details on the page.
APR does not mean the actual or predicted returns in fiat currency.
Locked will return the subscribed digital assets to users’ spot wallets after the agreed period ends or early redemption, but the value of digital assets fluctuates and is subject to change.
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As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.
Saturday September 9, 2023 04:49 PM
As Paxos has halted minting of new BUSD, Binance will gradually cease support for BUSD products. Please be assured that BUSD will always be backed 1:1 by USD.