Today I was researching a bit more about Binance Earn because I was interested in the idea of generating some yield with my crypto, without trading or complicating myself too much.
But I had one key question left: what happens if my crypto increases in price while I have it in Earn? Do I lose that gain?
The answer is no, you don’t lose that increase. For example, if you put 0.01 $BTC in Flexible Savings, it remains yours. If the price of Bitcoin rises while you have it there, your BTC is worth more and you also earn a small interest for having it in Earn.
In other words, you benefit from the increase and earn an extra.
That said, I understood a key difference between using Flexible Savings and Locked Savings:
In Flexible Savings, you can withdraw your crypto at any time.
In Locked Savings, your crypto is immobilized for several days (e.g., 30 or 60 days).
If during that time the price of the crypto rises a lot, you cannot sell or move it until the term is released. You don’t lose value, but you do lose the opportunity to react quickly.
So, if you are like me and just starting out, using Flexible Earn seems like a good option to try without worrying about losing control of your funds.
I liked understanding this because now I see that Earn is not a "place where you sleep" the investment, but rather another tool to learn to manage your cryptos calmly.
👉 If you are using Binance Earn, do you prefer flexible or locked? Do you have any strategies for that?
