Advantages: Binance allows earning interest on holdings without locking up, providing high liquidity; users can trade or withdraw at any time. The operation is simple, and idle tokens (such as BNB, SOL) automatically earn daily interest, credited in real-time, making it suitable for investors seeking passive income. Supports various mainstream tokens, and APY adjusts dynamically with the market, offering strong flexibility.
Disadvantages: Returns are relatively low, with APY typically below that of locked financial products or high-risk investments. Earnings are unstable due to market fluctuations. Some tokens may have minimum holding requirements and not all cryptocurrencies are supported. There are platform risks, such as hacking or policy changes, which may affect fund security. For details, see the official Binance website.
