Binance has announced the launch of its USDT Locked Products under the Simple Earn program, offering users a fixed annual percentage rate (APR) of 6% on their deposits. This new offering aims to provide attractive returns for those who opt to lock their USDT for a fixed duration.
According to Binance, the USDT Locked Products will follow a specific subscription format. Here are the key details:
Binance Simple Earn allows users to earn daily rewards by depositing their digital assets for flexible or locked terms. Users can subscribe to or redeem assets from Simple Earn almost at any time, thus maintaining flexibility and liquidity over their assets while earning daily rewards.
Binances new USDT Locked Products offer an excellent opportunity for users to earn a stable and attractive return on their USDT deposits, with the flexibility to redeem early if needed, albeit with the forfeiture of accrued rewards.
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Binance Introduces 6% APR USDT Locked Products - Blockchain.News - Blockchain News
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