How to Participate and Deposit USDT on Concrete Pool for Exclusive Rewards with Binance Wallet?

Please note: For a limited time period, you can participate in an exclusive Concrete Earn program by depositing USDT in the Binance Wallet Earn Concrete USDT Pool. Eligible users could share $200,000 in Concrete future tokens. For more information, please visit the campaign page.

How to join the campaign and deposit USDT on Concrete?

There are two ways to deposit or transfer assets to your Binance Wallet:

• Transferring from your Binance Exchange Account to your Binance Wallet using the [Receive] button on the Binance Wallet homepage;

• By sending assets from an external wallet to your Binance Wallet using the [Receive] button.

For more details, please refer to How to Send and Receive Tokens on Binance Wallet.

1. Log into your Binance Wallet and go to [Discover] - [Earn] - [Protocols] - [Concrete] - [USDT].

2. Tap [Subscribe] on the Concrete USDT pool staking interface. Enter the amount to deposit. Review the estimated daily yield and gas fee, then tap [Next] - [Approve USDT] - [Confirm].

Please note: You must have at least 0.00025 - 0.00075 ETH (~$0.5 - 1.5) to cover gas fees for depositing.

3. Once completed, you’ll see a page pop-up with transaction details and ctDefiUSDT tokens in your Wallet.

How to withdraw USDT from Concrete?

1. Log into your Binance Wallet, go to [Discover] - [Earn] - [Protocols] - [Concrete] - [USDT]. Tap [Redeem] on the Concrete USDT pool interface to initiate redemption.

2. Enter the amount of ctDefiUSDT to withdraw. Tap [Next] - [Confirm to Redeem] - [Confirm]. Once the withdrawal has been processed, a “Redemption Submitted” page will be shown.

3. After the 7 day withdrawal period is over, users can tap [View Details] in the "My Investment" section in this page, or tap [Claim Now] in the Earn homepage pop-up section to instantly receive USDT.

Important notes: 

• USDT redemptions take up to 7 days to complete.
• Slippage may occur during the swap process.
• You must have 0.00025 - 0.00075 ETH (~$0.5 - 1.5) to cover the gas fees for withdrawing.

Disclaimer: 

The Binance Wallet Services are offered by Binance Barbados Limited, and involve the provision of unregulated, third-party services, which are not supervised by the Financial Services Regulatory Authority of the Abu Dhabi Global Market, or any other regulatory authority.  Binance Wallet is not responsible for your access or use of third-party applications (including functionality embedded within the Binance Wallet) and shall have no liability whatsoever in connection with your use of such third-party applications, including, without limitation, any transactions you dispute. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Please carefully review the Terms of Use and Risk Warning and always do your own research.

There may be discrepancies in the translated version of this original article in English. Please reference this original English version for the latest or most accurate information where any discrepancies may arise. 

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