My experience using Binance Earn: is it worth investing in SOL and PEPE with APR?
As an active Binance user, I recently decided to explore one of its most interesting features: Binance Earn. This service allows you to generate passive income simply by holding your cryptocurrencies in savings products. In this article, I want to share my real experience investing in Solana (SOL) and PEPE, two very different cryptos but with interesting potential.
What is Binance Earn?
Binance Earn is a platform within the Binance ecosystem that offers options to make your cryptocurrencies work for you. There are modalities such as:
Flexible savings (you can withdraw at any time).
Locked savings (you lock your cryptos for a certain period in exchange for better APR).
And other products like Launchpool or Staking.
My portfolio: SOL and PEPE
In my case, I decided to diversify and use both types of products:
1. Solana (SOL) – Locked savings
Amount: 3 SOL (approximately $399.17)
Term: 30 days (2 days already completed)
APR: 3%
Accumulated interest: 0.00049314 SOL (so far)
2. PEPE – Flexible savings
Amount: +1.3 million PEPE tokens (approximately $9.57)
APR: up to 10.1%
Accumulated interest: 738.47 PEPE tokens.
The good and the bad
Advantages:
Effortless: just by having the cryptos in Earn, you are already generating.
Diversity: you can try different products without large amounts.
Passive profitability: although small, it is constant.
Disadvantages:
Fund locking: in the case of SOL, the capital is locked for 30 days.
Volatility: the value of your cryptos can decrease even while they generate interest.
Modest earnings: the APRs are not huge, especially in stable tokens.
Is it worth it?
Yes, if your intention is to hold your cryptocurrencies in the medium or long term, Earn is an excellent way to make them work for you while you wait for a better time to sell or trade. In my experience, having a portion in locked products like SOL and another in flexible ones like PEPE provides a balance between yield and liquidity.
Tips if you are starting
1. Activate automatic subscription: this way, any unused balance starts generating yield automatically.
2. Diversify: combine large coins like SOL with community tokens like PEPE.
3. Monitor the APRs: Binance updates them constantly.
If you are interested in starting with Binance Earn, I recommend doing it with low amounts while you get familiar. The crypto world is not just trading; there are also ways to earn passively!