#SoftStaking
What is Binance "Holding Cryptocurrency to Earn Interest"?
Holding Cryptocurrency to Earn Interest (Binance Earn) is a financial service launched by Binance that allows users to earn passive income by depositing cryptocurrencies (such as BTC, ETH, USDT, etc.). The ways to earn include:
Flexible Savings: Flexible deposits and withdrawals, interest calculated hourly.
Fixed Savings: Lock in for a certain period to receive higher annual returns.
DeFi Mining: Participate in liquidity mining or staking to earn rewards.
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How to activate Holding Cryptocurrency to Earn Interest?
1. Log in to your Binance account → Go to [Finance] → Choose [Binance Savings] or [Locked Savings].
2. Select the cryptocurrency (such as USDT, BTC, etc.) → View the yield and term of different products.
3. Enter the deposit amount → Confirm the agreement → Complete the subscription.
4. Earnings are automatically distributed (settled daily/upon maturity).
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Benefits of Holding Cryptocurrency to Earn Interest
✅ Low Threshold: Start investing with just 1 USDT, suitable for beginners.
✅ Flexible Choices: Various options such as flexible, fixed, DeFi, etc.
✅ Stable Returns: Provides more stable passive income compared to market fluctuations.
✅ Compound Growth: Some products support automatic reinvestment of earnings, enhancing long-term returns.
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My User Experience
I mainly use **USDT Flexible Savings** (annualized about 5%-10%), with flexible funds and daily earnings.
I have also tried **BNB Fixed Locking**, which has a higher annualized return (10%+), suitable for long-term holders.
Overall, the experience is smooth, and withdrawals are instant, making it a great way to increase idle funds!
#Binance Finance #Holding Cryptocurrency to Earn Interest #Cryptocurrency #Passive Income and How to Activate - Benefits of Holding Cryptocurrency to Earn Interest and Your User Experience