📊 Comparison Between Simple Earn and On-Chain Yields 💰
Do you know the difference between the various investment methods in cryptocurrencies? Here’s a quick and simple explanation:
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🔹 Simple Earn
✅ A safe and convenient investment within the Binance platform.
✅ You deposit a certain amount and receive a fixed or variable interest depending on the currency and duration.
✅ Low risk because Binance manages everything and protects your funds.
✅ Suitable for beginners and those who prefer uncomplicated investments.
✅ Withdrawing funds is easy and sometimes without locking.
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🔹 On-Chain Yields
✅ Direct investment in decentralized finance (DeFi) protocols on the blockchain.
✅ Provides high returns but with greater risk.
✅ Requires more knowledge of cryptocurrencies and protocols.
✅ You can earn from providing liquidity or yield farming.
✅ Withdrawing funds sometimes requires a waiting period or more procedures.
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✅ Conclusion:
If you prefer a simple and safe investment, choose Simple Earn.
If you want to invest for higher returns and are willing to take risks, try On-Chain Yields.