Binance not only offers cryptocurrency trading but also provides opportunities for passive income. One such opportunity is Binance Earn, where you can earn interest on your cryptocurrencies. Here’s how it works:
Staking: This is the process of locking cryptocurrency for a certain period to earn additional tokens as interest. Many cryptocurrencies are available for staking on Binance, such as Ethereum 2.0 and others.
Liquidity and liquidity pool: You can provide your funds for liquidity on the platform, which also allows you to earn interest.
Fixed deposits: You can lock your funds for a fixed period and receive a fixed income.
How to secure your account?
Security is the number one priority for every trader. To secure your account on Binance, follow these tips:
Use two-factor authentication (2FA): This adds an extra layer of protection when logging into your account and when withdrawing funds.
Do not share your password and codes with others.
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Use complex passwords that consist of letters, numbers, and special characters.
