#SoftStaking

Binance Wealth Management allows you to earn interest by depositing cryptocurrencies on the platform. It has certain advantages, such as high flexibility, with funds available for trading and withdrawal at any time, without the need for redemption processes and lock-up periods. Earnings are distributed daily, allowing you to gain additional assets in the form of cryptocurrencies, and some currencies have relatively attractive annualized returns. The operation is simple, making it suitable for long-term holders and those looking to earn passive income.

However, there are also risks. The cryptocurrency market is highly volatile, which may lead to a decrease in currency value, making interest earnings unable to compensate for the loss in currency value. Additionally, there is counterparty risk associated with the platform.