Binance offers several products that can help generate passive income for users. Below are the main categories of products and services that cater to passive income on Binance:

1. Binance Earn

Binance Earn is a suite of financial products that allows users to grow their cryptocurrency holdings with minimal effort. The core options include:

-Flexible Savings: Earn interest on your idle assets with the ability to withdraw anytime.

-Locked Savings: Higher interest rates for locking your funds for a fixed period.

-Launchpool: Stake your tokens to earn new project tokens for free.

-Staking: Stake supported cryptocurrencies to earn rewards. This includes:

:Locked Staking: Fixed terms with higher yields.

:Flexible Staking: Flexible withdrawals with slightly lower yields.

2.Gift Cards & Cashback Programs

Some Binance cards or gift cards offer cashback rewards or incentives for spending, creating an indirect way to earn passive income.

3.Binance Mining Pool

Participate in Binance’s mining pool and earn rewards for mining cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH).

4.Ethereum 2.0 Staking

Stake ETH on Binance to participate in Ethereum’s transition to Proof-of-Stake (PoS) and earn staking rewards.

5.Simple Earn

A newer product that consolidates flexible and locked savings into one platform, offering a simplified way to earn yields on your idle crypto assets.