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Altcoin News

Binance Adds Toncoin for Simple Earn Locked Products

The promotion lasts from September 3 to September 23, 2024, offering plenty of time to benefit.

Written By Dishita Malvania
Fact Checked by Dhara Chavda
Published 2024-09-03·Updated 1 year ago
Make The Crypto Times preferred on GoogleGoogle
Binance Introduces Toncoin for Simple Earn Locked Products

Binance has just unveiled an addition to its Simple Earn offerings. Toncoin (TON) is now available through Locked Products on its Simple Earn offerings. This move allows users to earn impressive rewards by subscribing to TON for various durations, with rates reaching up to 5.9% APR. 

The promotional period runs from September 3, 2024, to September 23, 2024, giving users ample time to capitalize on this opportunity.

Users can subscribe to TON Locked Products on a first-come, first-served basis. The APR rates during the promotion are significantly higher than the standard rates, with 30-day, 60-day, and 90-day options available. 

For instance, a 90-day subscription can yield a robust 5.9% APR, but remember, there are minimum and maximum subscription limits for each duration. The APR rewards are distributed daily, starting the day after the completion of the subscription.

To get started, simply purchase TON on the Spot Market or via Binance’s ‘Buy Crypto’ page, which accepts various payment methods including credit cards and mobile wallets. 

Once users have their TON in their Binance account, navigate to the Earn section, search for TON, users can choose their preferred duration, and subscribe to start earning those enticing APR rewards. Additionally, for early redemptions, assets typically return to users’ Spot Account within 72 hours, though exceptional circumstances might cause delays.

Also Read: Binance.US Gears Up for MATIC to POL Migration of Polygon

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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