Deposit AXS, CAKE: Enjoy Binance’s high yield, VIP level upgrade, and share the BNB prize pool equivalent to 30,000 US dollars.
AXS & CAKE promotion on Binance
Binance treasure platform launched the AXS and CAKE “triple surprise benefits” activities for the first time.
During the event, all eligible users will not only receive the benefits of Binance, but also enjoy additional VIP level upgrade benefits, and participate in sharing the BNB prize pool of USD 30,000.
The promotions run from 17:00 on March 9, 2022 to 17:00 on March 16, 2022 (East Eighth District time).
Enjoy Up to 50% APY on Savings
Enjoy the high yield of Binance treasure, annualized up to 50%.
During the event, net deposit (deposit-withdrawal) AXS or CAKE from non-Binance external exchanges or wallets, and subscribe for Binance treasure AXS or CAKE regular products, you can enjoy the corresponding income, with a maximum annualized rate of 50%.
| Digital Asset | Term to Maturity | Total Cap | Individual Cap | Annualized Interest Rate | Lot Size | Interest Per Lot at Maturity |
|---|---|---|---|---|---|---|
| AXS | 7 days | 3,000,000 AXS | 500,000 AXS | 25% | 1 AXS | 0.0048 AXS |
| AXS | 15 days | 3,000,000 AXS | 500,000 AXS | 50% | 1 AXS | 0.0205 AXS |
| CAKE | 7 days | 3,000,000 CAKE | 500,000 CAKE | 25% | 1 CAKE | 0.0048 CAKE |
| CAKE | 15 days | 3,000,000 CAKE | 500,000 CAKE | 50% | 1 CAKE | 0.0205 CAKE |
Enjoy Up to 50% APY on Savings
VIP Upgrade Voucher
During the event, all users whose subscription amount and accumulated net deposit assets on Binance treasure meet the requirements in the table below can enjoy VIP 4 rights for up to 2 months, which will be distributed in the form of VIP coupons.
Binance treasure subscription amount/cumulative net deposit assets and corresponding VIP level:
| Locked Savings Subscription and Cumulative Net Deposit Threshold (AXS) | VIP Upgrade | Validity Period |
|---|---|---|
| 4,000 | VIP+1 | 2 months |
| 10,000 | VIP+2 | 2 months |
| 20,000 | VIP+3 | 2 months |
| 100,000 | VIP+4 | 2 months |
| Locked Savings Subscription and Cumulative Net Deposit Threshold (CAKE) | VIP Upgrade | Validity Period |
|---|---|---|
| 40,000 | VIP+1 | 2 months |
| 100,000 | VIP+2 | 2 months |
| 200,000 | VIP+3 | 2 months |
| 1,000,000 | VIP+4 | 2 months |
Top 50 Users to Win a Share of $30,000!
Pre-emptively deposit AXS or CAKE, and participate in the sharing of BNB prizes equivalent to 30,000 US dollars.
During the event, the total effective purchase amount and accumulated net deposit of users’ AXS and CAKE in Binance treasure are not less than 5,000 USD.
Eligible users will be ranked according to the purchase amount, and the top 50 will participate in the sharing of the BNB prize pool equivalent to 30,000 US dollars.
The rewards are distributed as follows:
| User Rank | Prize (Distributed in BNB) |
|---|---|
| 1st | $5,000 |
| 2nd | $3,000 |
| 3rd | $2,000 |
| 4th – 20th | $1,000 each |
| 21st – 30th | $200 each |
| 31st – 50th | $50 each |
Users must meet both the subscription amount and the accumulated net recharge conditions of Binance Treasure regular products to be eligible to enjoy benefits 2 and 3.
If the subscribed Binance treasure fixed-term product is scheduled to be activated in advance, it will not be included in the effective subscription amount.
Cumulative net deposit assets = deposit amount of encrypted assets + C2C/fiat currency deposit amount – encrypted asset withdrawal amount – C2C/fiat currency withdrawal amount (all amounts are converted into BUSD for calculation).
VIP upgrade coupons will be issued within 2 weeks after the event ends, which can be viewed and collected in the Account- Coupon Center.
BNB rewards will be distributed within 2 weeks after the event ends, and the amount will be settled according to the exchange rate of the BNB/BUSD spot trading pair on Binance platform at the time of distribution.
You can log in to your account, click Wallet > Wallet History > Distribute to view rewards.
Go to Binance’s Official Website
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
Binance official website is here.
Please click "Introduction of Binance", if you want to know the details and the company information of Binance.
Comment by Hans
April 24, 2024
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