Binance Simple Earn is a platform feature that allows users to earn rewards on their crypto holdings by staking or lending them. It’s an easy way to grow your cryptocurrency passively.

There are two main types of Simple Earn products:

1. Flexible Products:

You can deposit your cryptocurrency and withdraw it anytime.

Rewards are accrued daily and are typically lower compared to locked products.

2. Locked Products:

Your cryptocurrency is locked for a fixed period (e.g., 7, 30, or 90 days).

These offer higher rewards compared to flexible products.

Early withdrawal may result in the loss of accrued rewards.

How It Works:

Choose a crypto asset you wish to stake.

Select either a flexible or locked product.

Earn rewards based on the staking duration and the APY (Annual Percentage Yield).

It’s a beginner-friendly option for earning passive income while holding your crypto.