Explanation of the Assets or Wallet Section in Binance💼
This page provides a complete summary of all your assets (total balance) distributed by wallet type:
Spot Wallet
Futures
Funding
Earn
And others…
Benefit: You can see your total in cryptocurrencies or in dollars (like USDT or BUSD).
💰 2. Earn (Earning/Profit)
This icon is specific to products that make your money work for you, such as:
Staking (locking cryptocurrencies for rewards)
Savings (flexible or fixed savings)
Launchpool / Simple Earn
Benefit: You earn passive income without trading.
Example: You place BNB in Earn and receive small daily profits on it.
🔄 3. Spot
This is the spot market (main). Here, you buy and sell cryptocurrencies directly.
Example:
You buy BTC using USDT.
You sell ETH for BNB.
Benefit: Trades are executed instantly at market price, and there is no leverage involved.
💳 4. Funding
This wallet is specifically for the following functions:
P2P (buying/selling cryptocurrencies to and from other users)
Binance Card
Gifts and vouchers
Binance Pay (payment in cryptocurrencies)
Benefit: It is a wallet dedicated to transactions that are outside direct trading.
📉 5. Futures
This is the leveraged trading section (higher risk).
You predict a cryptocurrency's rise or fall and open a "long" or "short" position.
You use leverage like 5x, 10x, 20x, etc.
Benefit: You can earn more from small movements… but you could lose all your capital quickly if you don't understand.