Binance Saving, a new alternative in the world Cryptocurrency
Binance Saving, a new alternative in the world Cryptocurrency
Binance Saving or Lending is a system that allows users to easily increase the value of cryptocurrencies in their portfolio in the form of passive income by receiving interest dividends from their own funds. By lending the user's assets to margin traders and the user earns interest as a return on borrowing. You can choose to receive many different coins such as Bitcoin, Ethereum, Binance USD, etc. The value of each coin will vary. depending on the market demand at that time
Types of Binance Savings
- Locked Saving
User funds are locked for a specified period of time, for example 7 days, 14 days or 30 days. Users will get their funds back with predetermined interest.
- Flexible Saving
It is a flexible loan. that the user's deposit will be available for withdrawal at any time Including interest rates that change all the time as well. But the dividend interest rate will be lower than the Locked Saving type.
How to use Binance Savings
- Log in to the user's Binance account and select Finance > Saving.
- Select the coin and type you want to lend.
- Click Transfer confirmed, enter the amount you want and confirm it's done.
Binance Saving is another way to generate returns. It can be used by both new players and experienced players. Because the risk is small and Binance has a good security system. can be trusted
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