The Simple Earn feature on the Binance platform is considered one of the easiest ways to earn without the need for daily trading. The idea is that you deposit your digital currencies into flexible or locked products to receive returns (interest) over time. 🔑
Here are the steps to work on it:
1. Access Simple Earn
Open the Binance app or website.
From the main menu, choose: Earn → Simple Earn.
2. Choose the product type
Flexible:
You can withdraw your currency at any time.
Returns are daily but the rate is lower.
Locked:
You lock your currency for a specified period (7, 30, 60, 90 days).
Returns are higher than flexible.
You cannot withdraw before the end of the period.
3. Choose the currency
Look for the currency you want to invest in (BTC, ETH, BNB… etc).
Check the annual percentage rate (APR).
4. Subscribe
Specify the amount you want to deposit.
Choose the duration (if locked).
Confirm the subscription.
5. Track your earnings
Your earnings are distributed daily and added to your account.
You can withdraw them or reinvest them to increase the return (compounding).
---#AltcoinSeasonLoading #REVABinanceTGE
📌 Quick Example:
If you deposit 100 BUSD in a flexible product with a 5% annual return, you will earn about 0.0137 BUSD daily.
