What is Binance Simple Earn?
Binance Simple Earn is a service from Binance that allows you to earn interest or rewards by depositing your cryptocurrencies into flexible or locked savings products. It is a simple way to make your digital assets generate passive returns.
🔹 Types of available products:
Flexible Deposits
You can withdraw your funds at any time.
Rewards are calculated hourly and distributed daily.
Generally lower interest rates than locked deposits.
Locked Deposits
You lock your cryptocurrencies for a fixed term (7, 14, 30, 60, 90 days, etc.).
Higher interest rates than flexible deposits.
Rewards are paid at the end of the term.
📌 Advantages of Binance Simple Earn
✅ Easy to use – Just deposit and start earning.
✅ Flexible and fixed-term options – You can choose according to your strategy.
✅ No hidden fees – Binance does not charge for using Simple Earn.
✅ Wide variety of supported cryptocurrencies – BTC, ETH, BNB, USDT, USDC, and more.
🚀 How to get started?
Log in to your Binance account.
Go to the "Earn" section and select "Simple Earn".
Choose between Flexible or Locked and select the cryptocurrency.
Deposit the desired amount and start earning interest.
⚠️ Important considerations
Interest rates may vary based on market demand.
Locked deposits do not allow early withdrawals until the term is completed.
Binance may adjust the available products based on market conditions.
If you want more details, you can visit the official Binance Simple Earn page.