On Binance, you can take advantage of simple staking through the Simple Earn product (Flexible Savings). Here are the main points:
1. What is simple staking (Simple Earn):
- It is a way to earn passive income by placing your cryptocurrencies on the Binance platform.
- You can withdraw your funds at any time without losing accrued interest.
- Popular coins are supported, such as USDT, BNB, BTC, and others.
2. How to get started:
- Go to the Earn section on Binance.
- Select the Simple Earn product (Flexible Savings).
- Choose a coin and the amount to deposit.
- Confirm the operation — interest will start accruing automatically.
3. Advantages:
- Flexibility: you can deposit and withdraw funds at any time.
- Simplicity: does not require special knowledge or complex settings.
- Reliability: Binance is one of the largest and most well-known cryptocurrency exchanges.