With Binance Simple Earn, users have the freedom of redeeming their assets from Locked Products at any time 🤝 If you're not sure on how to do it, here's a guide to help you. Get started ➡️
Deposit and redeem on a flexible manner.
System maintenance from 23:50 UTC to 00:10 UTC each day, during which subscription and redemption are not supported.Interest starts accruing from the day after you Subscribe and will be distributed to your Spot Wallet the day after it is accrued , between 00:00 UTC and 08:00 UTC. It is rounded down to 8 decimal places.On the redemption date, the principal will automatically be transferred to your Spot wallet.
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;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.
I have elected to automatically re-subscribe to Locked Products, when will rewards begin to accrue and be distributed? The day your locked-term product expires, you will automatically re-subscribe to the same product and start to accrue interest immediately. Rewards will be distributed to your Spot wallet the next day.For more information, please see our terms & conditions which can be accessed
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