Some benefits of using Binance Earn section
Currently, Binance Earn offers two types of profits - Guaranteed and High Yield. Users can choose to invest their cryptocurrencies for predictable returns or opt for high-yield staking coins that provide above-average gains, albeit with corresponding risks to the invested capital. Only invest what you can afford to lose, regardless of how high potential returns may be.
Guaranteed
If you're new to the world of cryptocurrencies, you can start with products listed under [Guaranteed]. These products offer relatively stable yields, and you can retrieve your capital upon redemption or at the end of the lock-up period, if applicable.
1.1 Simple Earn
Simple Earn offers two types of products - Flexible Products and Locked Products. Similar to a bank's savings account, you can deposit your cryptocurrencies and earn daily interest on your idle funds.
1.2 Launchpool
When users stake their cryptocurrency assets in DeFi projects, such as providing liquidity to a liquidity pool, they receive rewards. By reinvesting these rewards, users can engage in a process known as Yield Farming.
1.3 BNB Vault
BNB Vault is a capital-guaranteed investment product designed to help your inactive cryptocurrencies generate returns.
1.4 ETH Staking
Binance has launched the ETH Staking service to provide an accessible platform for Ethereum staking to all users. It starts with just 0.1 ETH and Binance covers all validator operational expenses and supports chain penalty risks, where applicable. All applicable on-chain staking rewards will be distributed to users.
In addition to these products, there are various others that may be attractive and suitable based on your investment profile. Be sure to read about the benefits of using the Earn section provided by Binance.
