What is (Simple Earn)

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Simple Earn on the Binance platform is an investment product that allows users to earn passive income (returns) on the cryptocurrencies they own by lending or depositing them in savings products similar to bank deposits.

🔹 Types of Simple Earn:

1. Flexible:

You can withdraw your coins at any time.

Returns are lower but flexible.

Suitable for those who do not want to freeze their money for a long period.

2. Locked: 💶💶💶💰

Your coin is locked for a specified period (for example, 30, 60, or 90 days).

Returns are higher than the flexible option.

You cannot withdraw funds before the end of the term without losing the returns.

✅ Supported coins:

Binance supports a large number of coins in Simple Earn such as: USDT, BNB, ETH, BTC, and others.

📈 Practical example:

If you put 100 USDT in Simple Earn – Locked for 30 days at a 5% annual return, you will receive approximately 0.41 USDT after 30 days.