According to the announcement from Binance, the platform has introduced a new promotion for its Simple Earn Locked Products, specifically targeting eligible users in South Asia. This initiative allows users to subscribe to USDT Locked Products and benefit from an exclusive 30% annual percentage rate (APR) over a 10-day period. The promotion is scheduled to run from 2026-02-05 00:00:00 (UTC) to 2026-03-31 23:59:59 (UTC).
Eligibility for this promotion is limited to South Asian users who have not previously subscribed to Simple Earn Locked Products before the specified start date. New users may experience a delay of up to 48 hours before they can access and subscribe to the offer. The subscription process operates on a first-come, first-served basis, with rewards being distributed daily to users' Spot Accounts starting two days after subscription. The minimum subscription limit is set at 1 USDT, while the maximum is capped at 200 USDT.
Participants must adhere to the Activity Terms, which include compliance with Binance's Terms and Conditions for Prize Promotions, Terms of Use, and Privacy Notice. Only users who complete identity verification during the promotion period are eligible for rewards, and only master accounts qualify. Sub-accounts are excluded from receiving rewards. Users are advised to be aware of any regional restrictions or requirements related to accessing Binance services.
Binance reserves the right to adjust APRs post-promotion without prior notice. The reward calculation period begins the day after subscription and continues until the end of the subscription period. Early redemption results in forfeiture of accumulated APR rewards. Binance emphasizes that APR rewards are distributed from its own funds, based on market conditions. The unlock period for Locked Products is one day, with assets typically returned within 72 hours after an early redemption request. However, delays may occur due to market volatility or technical issues. Binance also reserves the right to disqualify users engaging in dishonest behavior or tampering with program code.