Binance Savings, Tutorial

I did a Tutorial video on using Binance Savings products

Summary

Current Interest rates for stable coins are only 5% so marginally worth it, for btc and eth it is ~1% so not worth the risk of using a 3rd party.

The biggest selling point to Binance savings is the ease of use.

The main complain is, how the locked saving product is set up leads to a sneaky fee and the advertised APR being as much as 12.5% less.

I did a similar video a month ago but this improves on the sound quality and adds more details about the products.


I use brave browser it is pretty good, just like chrome except ads are optional and if you opt in you get paid for it. Here's a referral link that earns me a small amount

https://brave.com/hqo109

My favorite site for trading crypto is Bitmex, as the future contracts allow for lots of arbitrage opportunities and the leverage lets me leave most of my stash safe in cold storage. If you don't already use it and would like to sign up, here is a referral link

https://www.bitmex.com/register/wjyGH2

that will get you 10% off fees and rewards me with 10% of the fees you pay, we both win.

Similarly my favorite site for trading options is Deribit, Here is a referral link for that.

https://www.deribit.com/reg-10009.1179

A few of the exchange sites I also use are binance, bittrex and bitfinex, I find them about as good as each other to be honest but these have referral links so I figure I'd shill for them.

Bitmex

Deribit

binance link

coinbase

bittrex link

bitfinex link

OKEX

Disclaimer

Please do not invest on the advice of a stranger on the internet, only use this advice here as a starting point for your own research, and then if you choose to invest please only invest an amount that you can afford to lose.

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