FAQ
Tutorial
What is Flexible Savings?
Flexible Savings is a Binance financial product that allows you to utilize your idle crypto assets and earn daily interest, with the ability to redeem your funds at any time.
What happens to my funds when I subscribe them to a flexible savings product?
After subscribing to a product, interest will start to accrue on the following day.
When can I redeem my subscribed funds?
You can redeem your funds at any time. (Except between 23:50-00:10 UTC daily.)
How do I redeem my funds?
Simply go to [Wallets] - [Earn] and tap on the product you wish to redeem. Tap [Redeem] and enter the redemption amount, select [Fast Redemption] or [Standard Redemption], then check the box next to the service agreement and tap [Confirm].
What is the difference between standard redemption and fast redemption?
If you choose [Standard Redemption], you are still entitled to that day’s accrued interest and your funds will be returned to you on the following day. If you choose [Fast Redemption], you will receive your funds on the same day you confirm the redemption. Please note that [Fast Redemption] is subjected to a daily quota.
When can I receive interest from my subscription?
The interest from Flexible Savings products is distributed directly to your account on a daily basis.
How to Use Savings
How to Subscribe to Savings
How to Redeem in Savings
How to Use Auto-Subscription in Savings