š¦Binance Earn - your "bank deposit" in cryptocurrency!
-Main operating mechanisms:
ā¢Lending: Binance lends your assets to margin traders or institutional borrowers for an interest rate. The obtained interest is shared between you and the platform.
ā¢Staking: Your coins (e.g., $ETH or $SOL ) are locked to support the operation of blockchain networks.
ā¢Liquidity pool: Deposited funds are used to enable trading pairs on the exchange or in DeFi.
How is profit calculated?
ā¢Compound interest: By enabling this feature, daily profit is automatically reinvested into your deposit.
Payout in the base asset: If you deposit USDT, the profit is paid in USDT; if you deposit $BTC - you earn interest in BTC.
#BTC #BinanceEarn #solana #ETH
-Main operating mechanisms:
ā¢Lending: Binance lends your assets to margin traders or institutional borrowers for an interest rate. The obtained interest is shared between you and the platform.
ā¢Staking: Your coins (e.g., $ETH or $SOL ) are locked to support the operation of blockchain networks.
ā¢Liquidity pool: Deposited funds are used to enable trading pairs on the exchange or in DeFi.
How is profit calculated?
ā¢Compound interest: By enabling this feature, daily profit is automatically reinvested into your deposit.
Payout in the base asset: If you deposit USDT, the profit is paid in USDT; if you deposit $BTC - you earn interest in BTC.
#BTC #BinanceEarn #solana #ETH