Binance is currently one of the biggest actor in crypto world. They are always creating new projects and developping the company and the crypto environnement. They also launched a service from which anyone can earn very easily. Let’s discover now Binance Lending and how to earn with that.
Binance Lending is a lending service offered by Binance, one of the biggest crypto exchanges. So with Binance Lending you just have to lend your crypto and earn interests. Binance Lending proposes two lending options : fixed deposits and flexible deposits. Flexible deposits have flexible interest and don’t have fixed period. With this option, interests are distributed every day and you can withdraw your crypto at any time.
But fixed deposits have fixed interest and you can use your crypto once the fixed lending period is over. Fixed deposits have higher interests than flexibles ones. When you subscribe for a fixed deposit, the funds are deducted from your wallet until the end of the lending period.For this option, your funds and interest are distributed at the end of the lending period.
Deposits can be made in many coins and the interest changes following the crypto currency deposited. Each available crypto has subscription periods so you may need to wit for subscriptions opening to deposit a precise coin. It’s good way to earn with crypto regardless on the markets variations.
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