BNB has hit a new high again❗
Although it has dropped a bit, I still remain optimistic👀
Binance Exchange, the first universe-level exchange
$BNB is definitely a retirement coin
Does anyone have any objections❓
The Binance app has a feature for earning interest on held coins
If you don't know it yet, you must try it out❗
Why do I say this❓
Because earning interest on held coins only requires you to hold tokens in your spot account to automatically earn staking rewards
It provides ample flexibility, allowing you to trade, withdraw or use your spot assets at any time while earning rewards
You just need to go to the app
Click on more on the homepage
—> Scroll down in services to find earning interest on held coins
—> Click in and then tap activate
—> Check it and click start earning rewards
So what are the benefits of earning interest on held coins❓
As mentioned above, you only need to activate, and the eligible tokens in your account will automatically earn interest without the need for any additional deposits or withdrawals
After activation, a snapshot will automatically be taken the next morning at 8 AM (UTC+8)
Earnings will be credited automatically
You can trade freely, just note that if you place orders or buy and sell, the tokens you hold will not be included in the snapshot the next day, and thus will not earn interest
For someone like me who doesn't trade much, having my assets just sitting there, activating the earning interest feature still allows me to earn a bit of interest, which feels really good
If you haven't activated it yet, I suggest you activate it immediately
