Light storage on the Binance platform is known in English as "Flexible Savings", and it is part of the Binance Earn service. Here’s a simplified explanation:
✅ What is "Light Storage" (Flexible Savings) on Binance?
It is a type of short-term investment for digital currencies, where:
You deposit your digital currencies (like USDT, BNB, BTC...) in a flexible savings account.
You receive daily returns (interest) on those currencies.
You can withdraw your money at any time without a lock-in period.
✅ Key Features:
Feature Explanation 🕒 Withdrawal Flexibility You can withdraw your money at any time, without withdrawal fees. 💸 Daily Earnings You receive daily interest added to your balance. 🔐 No Long Freezing No need to lock coins for long periods like locked staking. 📉 Lower Risk Compared to locked staking, risks are lower because you can withdraw whenever you want.
✅ A simple example:
I deposited 1000 USDT in flexible savings.
The daily return rate is 3% annually → about 0.0082% daily.
You receive small profits every day that are added automatically.
At any time, you can withdraw the 1000 USDT + profits without penalty.
✅ The difference between light storage and locked storage:
Light Storage Element Locked Storage Withdrawal at any time after a certain period (7, 30, 60... days) Return Lower Higher Flexibility High Limited Risk Low Slightly higher due to temporary reservation
⚠️ Important Notes:
Not all currencies are available in flexible savings.
The return rates may change according to the market.
It is not considered a completely guaranteed investment.
Do you want me to explain to you how to use "Flexible Savings" step by step from the Binance app?
