Open the Binance app—Spot, Futures, Earn, Alpha… With so many sections, how do you tell them apart?
This is how I understand it: These product types have very different risk profiles. With Spot, you can lose at most the principal you invest; leveraged Futures can lead to liquidation very quickly; and early-stage tokens often have highly volatile prices.
Simple Earn offers both flexible and locked products. Annualized rates fluctuate with the market and are not guaranteed fixed returns.
$BNB has various uses within the Binance ecosystem, such as offsetting trading fees and participating in Launchpool.
Make your own decisions when buying and selling—don’t follow the crowd blindly.
This is how I understand it: These product types have very different risk profiles. With Spot, you can lose at most the principal you invest; leveraged Futures can lead to liquidation very quickly; and early-stage tokens often have highly volatile prices.
Simple Earn offers both flexible and locked products. Annualized rates fluctuate with the market and are not guaranteed fixed returns.
$BNB has various uses within the Binance ecosystem, such as offsetting trading fees and participating in Launchpool.
Make your own decisions when buying and selling—don’t follow the crowd blindly.
