What Is Binance Earn and How to Use It?

If you are new to crypto, you can get started with the products listed under [Principal-protected]. These products have relatively more stable yields, and you will get back your principal upon redemption or at the end of the locking period, where applicable.

Besides principal-protected products, Binance offers users a series of high-yield products with relatively higher risks. Please only invest what you can afford to risk, regardless of how high the potential rates of return are and DYOR before getting started.

Simple Earn offers two types of products: Flexible Products and Locked Products. Similar to a bank's deposit, you can deposit your crypto and gain rewards from your dormant funds.

Flexible Products allow you to redeem your assets whenever you need, while Locked Products require you to deposit your assets for a fixed period. In return, you earn a higher return than Flexible Products. Please note that if you withdraw your funds in advance from Locked Products, you will also lose the accrued rewards.

Different Simple Earn products

Binance offers ETH Staking service to provide everyone with an accessible platform to stake their Ethereum. Get started in a few clicks with just 0.1 ETH, and Binance will cover all validator operating expenses and bear the risk of on-chain penalties, where applicable. All applicable on-chain staking rewards will be distributed to users.

Dual Investment lets you deposit a single cryptocurrency and earn yield based on two assets. You can commit your crypto holdings and lock in a savings yield, but you will earn even more if the market price of the committed holdings increases. Dual Investment provides you with much more control over your risks.
The return on your savings will depend on how the crypto market has moved since the day you invested your crypto into Binance Dual Investment. When the product expires, you may choose to settle with one of the assets from the two options (such as BTC or USDT). It offers non-guaranteed floating earnings, you can obtain the highest possible earnings while satisfying your digital asset risk management needs.

On the expiry date, the final settlement currency is determined by comparing the settlement price and the strike price. If the market price on your crypto holdings increases and your earnings exceed the savings rate, you’ll get the higher amount. If the market price on your crypto holdings dips or your earnings is below the savings rate, you’ll still get the yield from your savings. The bottom line is that your return will always be allocated to your benefit. However, please note that your order cannot be redeemed in advance.