How to maximize the returns on assets in Binance's spot account while ensuring flexibility?
Below is a comparison of three ways for assets in a Binance account to generate returns
1. Principal-protected earning: Flexible/Fixed-term
Source of returns: Lending to other Binance users
Advantages: Principal protection, low risk; supports a wide variety of cryptocurrencies
Disadvantages: Relatively low returns
Returns: BTC: Flexible rate of 0.26% when the amount <= 0.01, 0.01% for amounts beyond that No fixed-term option available
SUI: Flexible rate of 0.51% Fixed-term 7 days 0.65% 30 days 1.29% 60 days 1.69% 90 days 1.9%
2. On-chain earning
Source of returns: Provided by on-chain protocols
Advantages: Participate in on-chain protocols and earn returns without withdrawing to an on-chain wallet
Disadvantages: Fixed-term is inflexible, early redemption waiting time starts at 3 days; if the price rises and you want to sell, you may miss the opportunity; very few supported cryptocurrencies (currently only supports: BTC, WBETH, BNB)
Returns: BTC: 15 days 0.8% 30 days 1% 60 days 1.4% 90 days 2%
Holding coins for interest
Source of returns: Earned through blockchain staking mechanisms
Advantages: Automatic interest calculation, no locking, trade/extract at any time
Disadvantages: Has maximum and minimum holding requirements, only supports various public chain platform tokens
Annualized yield: APR generally greater than flexible rates
Summary: Priority selection order: Holding coins for interest > Principal-protected earning > On-chain earning
It’s also very simple to activate holding coins for interest, just press “Activate” in the image below
