Hello everyone 👋
The difference between flexible storage and reserved storage ..
1️⃣ Flexible storage 📉 means you can deposit and withdraw cryptocurrencies anytime you want. This type of storage offers greater flexibility because it does not require you to commit to a specific storage period. Typically, the yield rate in flexible storage is lower compared to reserved storage because it provides more flexibility.
2️⃣ Reserved storage 📈 means you commit to storing your cryptocurrencies for a specific period, and you cannot withdraw them until that period is over. This type of storage usually offers a higher yield rate because you are storing your coins for a longer period.
Regarding the cryptocurrency subscription on the Binance platform, it refers to the process of launching a new cryptocurrency on the platform where users can buy the coin before it becomes available for public trading. This is usually done through what is known as the “Launchpad” where new coins are presented to investors. To participate in a subscription on Binance, you must follow the specific steps outlined by the platform, which typically include allocating $BNB coins for a chance to purchase the new coin
