Binance Introduces Toncoin (TON) to Simple Earn Products

Binance has announced the addition of Toncoin (TON) to its Simple Earn locked products, offering up to 5.9% APR.

Starting September 3, users can lock TON in Binance’s Simple Earn for varying durations to earn interest. Subscriptions are open until September 23, with rewards distributed daily. The available options are:

• 30-Day Lock: Earns 1.20% APR normally, and 2.59% during the promotion. Minimum: 0.1 TON; Maximum: 50,000 TON.
• 60-Day Lock: Offers 1.90% APR normally, and 3.9% during the promotion. Minimum: 0.1 TON; Maximum: 20,000 TON.
• 90-Day Lock: Provides 3.90% APR normally, and 5.9% during the promotion. Minimum: 0.1 TON; Maximum: 200 TON.

This move highlights Binance’s commitment to expanding its product offerings despite ongoing legal scrutiny faced by Telegram, including investigations in France and South Korea over content issues.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.