Earn $3 from Binance
It appears that you're keen on earning cryptocurrency through Binance, a prominent global cryptocurrency exchange. Binance provides various avenues for earning crypto aside from trading, including staking, farming, lending, and more. You can explore these opportunities further on the [Binance Earn] (^1^) page.
One of the simplest methods to earn crypto on Binance is through Simple Earn³. This feature enables you to deposit your digital assets for flexible or locked terms and receive daily rewards. With the option to subscribe or redeem almost anytime, you maintain flexibility and liquidity over your assets while earning daily rewards. To utilize Simple Earn, you'll need a Binance account and some supported crypto assets. You can purchase crypto on Binance using your local currency or other payment methods. Once you possess some crypto, navigate to the [Finance] - [Earn] page and select Simple Earn. From there, choose between Flexible Products and Locked Products. Flexible Products allow you to redeem your assets at your convenience, while Locked Products require you to deposit your assets for a fixed period in exchange for a higher return compared to Flexible Products.
For instance, if you have 3 USDT, a stablecoin pegged to the US dollar, you can deposit it in a Flexible Product and earn an annualized interest rate of 1.2%. This means that after one year, you'll have 3.036 USDT. Alternatively, you can deposit it in a Locked Product for 7 days and earn an annualized interest rate of 5%. After 7 days, you'll have 3.00099 USDT. You can compare different products and rates on the Simple Earn page and select the one that aligns with your preferences.
I trust this explanation clarifies how to utilize Simple Earn on Binance.
