I have noticed that many people use Binance as a savings method, seeking to protect their money while generating profits in the short or long term without incurring significant losses. For this, I recommend considering Stablecoins and the options of Binance Earn and Launchpool.
Recommended options:
$USDT (Tether):
Offers an approximate annual return of 10% to 15% APR.
$USDC (USD Coin): Generates an approximate return of 5% APR.
$FDUSD (First Digital USD):
You can earn up to 16.2% APR by locking funds for 14 days.
Note: You can only lock a maximum of 2,000 FDUSD in two processes of 1,000 FDUSD each.
Additionally, other Stablecoins also offer interesting options to generate returns on Binance Earn.
Additional benefits with Launchpool:
I recommend saving FDUSD to participate in Launchpool, where you can earn additional rewards by taking advantage of new coin listing opportunities.
Important:
$FDUSD to have variations in its price, ranging between $1.003 and $0.99.
It is common for its value to increase before a new launch in Launchpool and decrease afterward.
Final considerations:
This advice is focused on helping those looking to maintain their purchasing power and consider saving in dollars as an alternative against inflation.
In Latin America, where inflation is a constant concern, cryptocurrencies offer a better option than traditional banks, whose interest rates tend to be very low.
Any additional contributions or suggestions to optimize this savings strategy will be welcome, especially for those taking their first steps in this world. 😊
