Yesterday, I saw the coins from other people's exchanges offline, and surprisingly, many didn't put them into financial management. I realized there are still many people who don't have the habit of casually putting coins into financial management. You should know that I put in even 1 US dollar to earn interest.
Now, most of the coins listed on Binance's spot market can earn interest. Generally, new coins have higher interest rates when they are first listed. If you don’t plan to sell, you can give it a try by putting them in. Here’s a brief overview of a few products on Binance:
Capital Preservation and Coin Earnings - Suitable for beginners, no brainpower needed, just put in the money.
Divided into fixed and flexible terms. For fixed terms, you can choose how many days, and you can actually redeem early since interest is distributed daily. However, if you redeem early, the interest that has already been given will be deducted. As for flexible terms, you can withdraw at any time.
$bnb placed in financial management can automatically participate in Launchpool mining. $usdc and fdusd need to be taken out and manually invested.
Dual-Currency Investment - Suitable for those who understand some strategies.
You choose a settlement date and set a range, deciding whether to receive coins or US dollars within that range, similar to a seller's option strategy. However, this is not capital-preserving, so those who don’t understand should not try it lightly.
Staking $sol and $eth.
For those who are a bit lazy, if you haven't staked $sol and $eth on-chain, and the interest in the exchange is relatively low, you can try this staking option, which can also be redeemed at any time. It’s just packaged.
Holding Coins for Interest.
This means the coins that are not placed in financial management. You can click to activate them in the holding coins for interest section. Coins in the spot market can also earn interest, and this does not affect trading at any time.
