Binance Earn is a platform that allows users to earn passive income on their cryptocurrency holdings by participating in various products and services
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Some of the key features of Binance Earn include:
Simple Earn: This option allows users to deposit their digital assets for flexible or locked terms, earning daily rewards
High Yield Auto-Invest: This feature enables users to invest in a specific asset and receive stable earnings BNB Vault: A capital-guaranteed investment product that helps users put their idle crypto to work
Launchpool: A platform for users to farm new assets by staking BNB, TUSD, and other crypto assets
Binance Now Allows Larger Traders to Keep Their Assets Elsewhere
Cryptocurrency exchange Binance now allows larger traders to keep their assets at independent banks, the Financial Times reported on Tuesday.Previously, they had to hold their assets on the exchange or at its custodial partner, Ceffu. They can now use crypto-friendly institutions such as Swiss banks Sygnum or FlowBank.The move may reflect users' unease about Binance's regulatory dispute in the U.S., which saw it landed with a $4.3 billion fine in November, heightening concerns brought about by the bankruptcy of rival exchange FTX a year earlier."I'd much rather park my money with a Swiss bank than Binance," said the head of a crypto trading firm cited by the FT.Binance said in November it had been exploring a banking triparty arrangement for more than a year, referring to an arrangement with its customers and a bank custodian, though did not disclose the names of the banks."Our banking triparty solution paves the way for greater adoption amongst institutional investors, as this long standing model allows investors to manage risk while maximizing their capital efficiency by pledging collateral in the form of traditional assets," a spokesperson for the exchange said in an emailed comment #Write2Earn