#softstaking Binance "Savings" Holding Coins for Interest. Recently started using Binance's [Holding Coins for Interest], I’ll share my experience simply as a reference for friends who are also using Binance.
First of all, what is holding coins for interest? It’s actually putting your idle coins, such as USDT, BNB, ETH, etc., into Binance’s "Earn" feature, where interest is automatically settled for you every day. It’s like saving money in a bank and earning interest, but the interest rates are much higher than banks, with some projects even reaching an annualized rate of over 5%.
Activating it is very simple: open the Binance App, on the homepage click on "Earn" or "Wealth Management", choose "Flexible" or "Fixed", select the corresponding product based on the coins you hold, and just click "Subscribe". Some products are flexible, allowing deposits and withdrawals anytime; others are fixed, requiring a lock-up period, offering higher interest rates, depending on your needs.
I mainly use the flexible option, putting a portion of USDT and ETH in, and I receive daily earnings, although it’s not much, it’s stable. It’s especially suitable for someone like me who doesn’t do contracts or short trades, a "laid-back player". The only thing to note is that some coins may run out of quota, so it’s best to get in early.
Overall, Binance’s holding coins for interest feature is very friendly for long-term holders, requiring no active operation, which effectively increases holding returns. If you're interested, you can try it out yourself, as you can withdraw anytime, and if you're not happy, you can opt-out.
