Wednesdays: Crypto/technology
How I am using the Binance earn feature to grow my crypto portfolio. I know you might be wondering what Binance Earn is all about. Well, it is simply a feature in Binance that allows one to lock his or her crypto for rewards. The Binance earn allows you to stake/lock your cryptocurrency for rewards.
The Binance earn, feature comes in two different ways which depend on user choice. What this means is that you can decide to lock/stake your cryptocurrency via the flexible way or the monthly savings ways. The flexible savings allow you to earn rewards daily whereas the other one allows you to earn rewards at the end of your savings.
As you can see above, it is my reward that I earned today, based on the amount of coins that I saved in my Binance. With Binance you can gradually grow your cryptocurrencies.
How to Use The Binance Earn
- To access the Binance earn, you have to first log in to your Binance account head over to your wallet, and then click on Earn
- From the earn you will be taken to the subscription interface where you will then have to search for the asset that you want to lock/stake.
- The left side is the name of the asset, whereas the right side is the percentage of interest you will earn from staking the asset.
- For example, I searched on STEEM, and the interest rate is 12.15% which is what I will be earning if I should stake the quantity of Steem that I have.
- Click on it and enter the amount and then click on Confirm to stake your asset.
I am inviting: @dave-hanny, @joan-na, and @ruthjoe
https://x.com/AfenMary2746/status/1887063954494497154
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