On Binance, the term **"Earn"** refers to a range of products that allow users to generate passive income by depositing their cryptocurrencies. Here are the main options available:
### 1. **Binance Savings (Savings)**
- **Flexible**: You can deposit your cryptos and withdraw them at any time. Interest is calculated daily.
- **Locked (Locked Savings)**: You lock your funds for a fixed duration (7, 30, 90 days, etc.) and receive a higher interest rate.
### 2. **Binance Staking (Staking)**
- Allows you to earn rewards by locking cryptocurrencies that use a **Proof of Stake (PoS)** mechanism like ADA (Cardano), DOT (Polkadot), or ETH2.0.
- Rewards vary depending on the crypto and the staking duration.
### 3. **Binance Liquid Swap (Liquidity Pool)**
- Provide liquidity to pools (e.g., BTC/ETH) and earn trading fees proportionally to your share in the pool.
- Risk: **Impermanent loss** if asset prices fluctuate significantly.
### 4. **Binance Launchpool**
- Stake cryptos (like BNB or others) to farm new tokens from projects listed on Binance.
- Often used to obtain free tokens before their official listing.
### 5. **Auto-Invest (Earn)**
- Automatic program where Binance invests your funds in different Earn products to optimize returns.
### 6. **Other products**
- **Dual Investment**: Combination of investment options with variable returns depending on the market.
- **Cloud Mining**: Participating in crypto mining without hardware (less common).
### **How to access Binance Earn?**
1. Go to the Binance interface (web or app).
2. Click on **"Earn"** in the menu.
3. Choose the product that interests you.
### **Risks to be aware of**
- **Volatility of cryptos**: Gains in crypto can vary in FIAT value (USD, EUR).