Binance is pleased to announce a new feature that allows users to trade on the Spot market and on Binance Convert using the balance of their Earn account from the assets subscribed to Simple Earn flexible products. Users now have a more convenient and efficient way to earn APR rewards on their inactive crypto assets without interrupting their trading activities.
Once users have placed a Spot order with Simple Earn flexible assets, the corresponding assets will be automatically retrieved from their positions in Simple Earn flexible products to their Spot accounts for trading.
Currently, this feature is only available on the Binance app. Stay tuned as the website version will be available soon.
Start trading now!
How to trade with Simple Earn flexible assets?
Spot
Access [Trader] and choose [Spot].
Press [Available].
Check the box next to [Earn - Flexible assets] and press [Confirm]. Your Spot order will be placed using your Simple Earn flexible assets.
Convert
Access [Trader] and choose [Convert].
Press [Available].
Check the box next to [Earn - Flexible assets] and [Confirm]. Your conversion order will be placed using your Simple Earn flexible assets.
Notes:
Users must update their Binance app to the latest available version (i.e., version 2.96.1 or later) to use this new feature.
When you trade, funds will be deducted in the following order:
Spot account;
Funding account;
Earn - Flexible assets.
