Advantages of Binance Wealth Management and Earning Interest on Holdings #SoftStaking
1. Increased Revenue Channels
Compared to simply holding assets, wealth management products can bring you additional income, especially more efficiently than just 'lying in your wallet' during a bear market.
2. Strong Product Diversity
Binance offers a variety of wealth management products (fixed term / flexible term / locked positions / DeFi integration), suitable for users with different risk preferences and liquidity needs.
3. Easy to Operate
User-friendly interface, no need to set up nodes or understand complex DeFi mechanisms. More friendly for beginners.
4. Integration with DeFi/Staking Ecosystem
Some wealth management products are integrated with DeFi protocols (such as Lido, AAVE, etc.), allowing users to participate in more complex financial products with a lower threshold.
