*Storage *Storing cryptocurrencies on Binance: Your quick guide*
The *Binance* platform is one of the largest and most popular cryptocurrency trading platforms in the world, offering multiple options for users to *securely store their digital assets* while also *earning passive income* through the "Staking" and "Savings" features.
Types of storage on Binance:
1. *Flexible Savings:*
- Allows you to deposit your coins and earn daily profits.
- You can withdraw your funds at any time.
- Suitable for users who want liquidity.
2. *Locked Staking/Savings:*
- Your coins are locked for a specified period (such as 30, 60, or 90 days).
- Gives you a higher yield than flexible savings.
- You cannot withdraw the coins until the period is over.
3. *Staking:*
- Your coins are used to support the network in exchange for rewards.
- Available for several coins such as: BNB, SOL, ADA, and others.
- Some types of Staking are locked, while others are flexible.
Advantages of storing on Binance:
- High security using advanced protection systems.
- Competitive returns.
- User-friendly interface.
- Support for a wide range of coins.
Important Tip:
Despite the security on Binance, it is advisable to enable *two-factor authentication (2FA)* and not share your account details to avoid hacks.
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