The Earn section in Binance contains a variety of products designed to help you achieve profits from your funds flexibly and securely. Here’s a simplified explanation of the main sections and terms in it:
🔹 1. Simple Earn Products:
✅ Flexible:
Allows you to earn daily profits from your digital coins, and you can withdraw at any time. Ideal for beginners 👶
✅ Reserved:
Freezing your coins for a specified period in exchange for higher profits. You need to commit to a certain duration ⏳
✅ Storing SOL:
It means storing Solana currency for a period in exchange for returns. Similar to staking, but specific to SOL 🔒
🔸 2. Advanced Earn Products:
💼 Dual Investment:
You put your money in an option between two currencies (e.g., USDT and BTC), and earn based on price movement at the end of the period. Suitable for experts 🎯
🤖 Smart Portfolio:
An intelligent system that automatically reallocates your funds to achieve the best possible return, based on market fluctuations.
🔗 On-Chain Earnings:
Products based on DeFi protocols, where you earn direct profits from the chain (like Ethereum or BNB Chain) 💹
🔻 3. Others:
🏦 Liquidity Farming:
You put your coins in a liquidity pool and earn from trading fees, but it requires a good understanding of volatility risks.
🚀 Launchpool / Launchpad:
Participate with your coins to receive new tokens before they are officially launched – like a golden opportunity for early investors 🌟
🎨 NFT Rewards:
Get NFTs in exchange for your participation or contribution to certain products or campaigns.
📈 Linked to the Investment Index (Index-Linked Products):
Products that depend on the performance of a range of currencies, such as an index fund – diversify and reduce your risks.
💳 Loan (Crypto Loans):
You can get a loan from Binance against your cryptocurrency collateral. Useful if you need liquidity without selling assets 🔁
✨ Tip:
Start with Simple Earn products to easily experience passive investment, then gradually delve into advanced products based on your expertise and financial goals.
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