Binance offers WOO on simple locked products

Binance, a leading cryptocurrency exchange, has expanded its Simple Earn Locked product by adding WOO (WOO) to the offerings, according to… Binance. Starting November 21, 2024, at 10:00 UTC, users can sign up for WOO Locked products to start earning potential rewards.

Details of locked WOO products

Sign-up for WOO Locked Products operates on a first-come, first-served basis, with a minimum and maximum sign-up. The subscription duration will determine the Annual Percentage Rate (APR) rewards users can earn. The bonus calculation period begins at 00:00 UTC on the day following sign-up completion, and bonuses are distributed on a daily basis.

Subscription process

To start earning with locked WOO products, users must first acquire WOO tokens, either through Binance's Spot Market or the Buy Crypto page, which supports various payment methods such as Visa, Mastercard, Apple Pay, and Google Pay. Once WOO tokens are earned, users can go to the Earn section on Binance, search for WOO, select the desired duration, and sign up to start earning up to 3.5% APR daily.

Additional information and considerations

Subscribers can manage their locked products through the wallets section of Binance. The opening period for these products is one day. In cases of early redemption, assets are usually returned to the user's Spot account within 72 hours, although delays may occur under exceptional circumstances such as extreme market volatility or large redemption volumes.

Binance advises users to refer to the English version of the announcement for the most accurate information. The platform also reserves the right to modify or cancel the advertisement without prior notice.

It is important to note that investments in digital assets carry risks, and the value of the assets can fluctuate. Binance does not guarantee specific rewards or returns over time, and users are responsible for their own investment decisions.

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