Binance is rolling out four exciting updates that are set to make waves—offering new ways to boost earnings, revamping the VIP program, introducing high-yield stablecoin opportunities, and simplifying token trading. These changes, already live or launching soon, cater to both newcomers and seasoned users on the platform.
Earn Up to 29.9% APR with OM Token
Kicking things off, Binance is spotlighting the MANTRA (OM) token with a lucrative offer through its Locked Products in Binance Simple Earn. Starting July 31 and running through August 30, users can lock their OM tokens for 30, 60, or 90 days to earn daily rewards with annual percentage rates (APRs) as follows:
- 30 days: 19.9% APR
- 60 days: 25.9% APR
- 90 days: 29.9% APR
The longer the lock-in period, the higher the rewards. This offer operates on a first-come, first-served basis, with rewards calculated starting the day after subscription.
VIP Investor Program Expands with RWUSD and Discount Buy
Starting August 1, Binance is enhancing its VIP Investor Program by including two new products in the 30-day average investment calculation for VIP levels 1 to 4:
- RWUSD: A capital-protected product tied to real-world assets, delivering steady returns.
- Discount Buy: A feature allowing users to acquire crypto at a discount while earning additional rewards.
These additions make it easier to climb VIP tiers without shuffling funds across multiple products. To qualify, users must meet two requirements:
- Minimum 30-day average balance in Earn products (e.g., $300,000 USDT for VIP 1).
- Minimum daily BNB holdings (e.g., 25 BNB for VIP 1).
VIP status updates automatically each day, streamlining the process for ambitious investors.
Stablecoin Summer: Up to 13.1% APR on USDT, FDUSD, and XUSD
Binance’s Stablecoin Summer campaign, running from August 1 to August 14, brings boosted yields for users investing in USDT, FDUSD, and XUSD through Flexible Simple Earn products. Unlike locked products, these allow withdrawals at any time while offering daily bonus APRs based on investment size:
- USDT: Up to 11.3% (8% bonus + 3.3% real-time APR)
- FDUSD: Up to 11.1%
- XUSD: Up to 13.1%
Investors exceeding tier limits still earn the base APR, which remains active post-promotion. Enrollment is first-come, first-served, with daily payouts for maximum flexibility.
Trade Alpha Tokens Seamlessly with Binance Convert
Binance is also making it easier to trade Alpha tokens—tied to cutting-edge Web3 innovations—through its Binance Convert platform. Key features include:
- Instant, transparent quotes for real-time pricing.
- User-friendly interface suitable for beginners and pros.
- Quick conversions with a preview option before finalizing trades.
Users can select their desired token, review the conversion, and execute trades effortlessly, bypassing complex trading interfaces.
With these updates hitting the platform at once, now’s the time to dive in and explore the opportunities. Keep an eye on deadlines and terms to maximize your gains.
