Binance Earn - Flexible Savings and Locked Staking

In this episode I go over Binance Earn, and how you can use it to get a passive income on your crypto (with minimal risk).

Menu's:
Flexible Savings.
Locked Staking (15, 30, 60 or 90 days).

Read through the Terms and Conditions for each product to better understand about the risks involved when using this service.
One of the risks with Flexible Savings is that your crypto is borrowed out to other users on Binance. You can withdraw from this mode at any time instantly without needing to wait for that to happen, hence why it's called flexible.

One of the risks with Locked Staking is that you cannot withdraw your crypto if something were to happen, for example that the market goes down with -50% you cannot take it out and sell it.
In return for locking it in for a limited period you get a higher return on interest.

You'll get a percentage that varies greatly depending on which crypto it is and how many days you choose to lock it up.

As a default, flexible savings give lower return than locked staking. It varies depending on which crypto it is and not all of them have locked staking. It's also dependant on supply/demand. Go through the list on your account to see all the different 54-58 crypto in the list to choose from. It can change without notice, so check it every now and then if your favorite crypto has been added.

It's being paid out daily to your Spot Wallet 365 days a year. D
Example: 34.35% (TRX) divided with 365 = 0.095% per day that's paid out to your Spot Wallet.

**Trading/staking on any open Market is risky, past performance does not guarantee future results.
Please only trade money you can afford to lose. No results can be guaranteed in any type of real trading/staking activity**

Видео Binance Earn - Flexible Savings and Locked Staking канала Mikael Ekman