#write2earnonbinancesquare

Binance Simple Earn is a product of the Binance Earn platform that allows users to earn cryptocurrency rewards by depositing their digital assets.

How does it work?

Users lend their cryptocurrencies to other users of the platform who need them for margin trading.

In return, users receive interest on their holdings.

Interest rates vary depending on the investment option you choose.

What types of savings are there?

Flexible savings: These allow users to deposit and withdraw their funds at any time.

Locked savings: These offer higher interest rates in exchange for keeping the funds locked for a set period of time.