The 'Interest-bearing' feature in Binance Wealth Management, #SoftStaking , simply allows users to deposit their digital assets (such as USDT, BTC, ETH, etc.) into the platform to earn a certain interest income. This feature is akin to a 'bank deposit for cryptocurrencies', suitable for both long-term holders and short-term conservative investors. However, there are several points to note. Here are some of my thoughts, divided into advantages and risks:

Advantages and Value, Steady Appreciation, Suitable for Idle Funds

1. If you are bullish on a particular cryptocurrency in the long term but are temporarily not trading, depositing it into a wealth management plan to earn interest is a way to 'maximize the utilization of funds'.

Diversified Products, Flexible Allocation

2. Binance offers various types of wealth management options, including flexible wealth management, fixed-term wealth management, dual currency investment, and structured products, allowing you to choose based on your risk preference. For example, flexible wealth management supports deposits and withdrawals at any time, suitable for those with high liquidity needs.

3. Relatively Stable Annualized Returns

Especially for stablecoins like USDT, while the annualized yield may not be high, it is stable. Compared to idle funds, this kind of return is 'free money'.

My suggestion (from a 'seeking stability and victory' perspective):

Beginners are advised to prioritize flexible wealth management with stablecoins (such as USDT, BUSD). Although the returns are low, the volatility is also low, making it suitable for familiarizing with the mechanisms. #SoftStaking