important is the exchange rate of the Vietnamese dong always depreciates
Post
tradermy
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$USDT compares Binance Earn ($USDT t, USDC) with savings accounts in Vietnamese banks 👇
The advantage of earn is that you can withdraw at any time,
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🧾 Information from the photo you sent:
Type Amount Interest Rate (APR) Deposit Type Notes
USDT 67.44 USDT 7.28%/year Flexible That means you can withdraw at any time
USDC 14.88 USDT 5.91%/year Flexible Similarly
In total, you have about 82.32 USDT, which is approximately ~2.16 million VND.
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💰 1️⃣ Calculate actual interest on Binance
USDT (7.28%)
→ Interest/day = 67.44 × 7.28% / 365 ≈ 0.0134 USDT/day
→ About 0.4 USDT/month, which is ~10,000 VND/month.
USDC (5.91%)
→ Interest/day = 14.88 × 5.91% / 365 ≈ 0.0024 USDT/day
→ About 0.07 USDT/month, which is ~1,700 VND/month.
👉 In total ~0.47 USDT/month, equivalent to ≈ 11,700 VND/month.
If you keep it for 1 year:
82.32 × 6.9% ≈ 87.0 USDT
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🏦 2️⃣ Compare with Vietnamese banks
Deposit Type Average Interest Rate Depositing 2.16 million for 1 year gives
Flexible bank (withdraw at any time) 0.2 – 0.5%/year ~10,000 VND
12-month term bank 4.5 – 6.5%/year ~100,000 – 140,000 VND
Binance Earn USDT (flexible) ~7%/year ≈120,000 VND
🟢 Conclusion:
The interest from Binance Earn is currently higher than that of Vietnamese banks (especially compared to flexible deposits).
The rate of 7%/year is equivalent to that of a 12-month term deposit at a bank but still allows for flexible withdrawals, which is a significant advantage.
The advantage of earn is that you can withdraw at any time,
---
🧾 Information from the photo you sent:
Type Amount Interest Rate (APR) Deposit Type Notes
USDT 67.44 USDT 7.28%/year Flexible That means you can withdraw at any time
USDC 14.88 USDT 5.91%/year Flexible Similarly
In total, you have about 82.32 USDT, which is approximately ~2.16 million VND.
---
💰 1️⃣ Calculate actual interest on Binance
USDT (7.28%)
→ Interest/day = 67.44 × 7.28% / 365 ≈ 0.0134 USDT/day
→ About 0.4 USDT/month, which is ~10,000 VND/month.
USDC (5.91%)
→ Interest/day = 14.88 × 5.91% / 365 ≈ 0.0024 USDT/day
→ About 0.07 USDT/month, which is ~1,700 VND/month.
👉 In total ~0.47 USDT/month, equivalent to ≈ 11,700 VND/month.
If you keep it for 1 year:
82.32 × 6.9% ≈ 87.0 USDT
---
🏦 2️⃣ Compare with Vietnamese banks
Deposit Type Average Interest Rate Depositing 2.16 million for 1 year gives
Flexible bank (withdraw at any time) 0.2 – 0.5%/year ~10,000 VND
12-month term bank 4.5 – 6.5%/year ~100,000 – 140,000 VND
Binance Earn USDT (flexible) ~7%/year ≈120,000 VND
🟢 Conclusion:
The interest from Binance Earn is currently higher than that of Vietnamese banks (especially compared to flexible deposits).
The rate of 7%/year is equivalent to that of a 12-month term deposit at a bank but still allows for flexible withdrawals, which is a significant advantage.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.