The simple way to Lend & Earn
Whatever your profession, you have plenty of choices to earn passive income in the cryptocurrency space. What makes lending very convenient is that you can enjoy gains regardless of how the wider market is performing.
In this article, we will discuss how Binance Lending works, what types of lending products you can choose from, and how you can get your funds to work!
If you already have a Binance account, it is easy for you to get involved. If not, ”Register Now” so that you can take part in this new financial revolution! how to create Binance account ? Get video tutorial. Click Here!
What is Binance Lending and how does it work?
Binance Lending lets you easily grow your wealth by accruing interest on your funds. You can choose from a wide variety of options, including Bitcoin (BTC), Ethereum (ETH), Binance USD (BUSD), Tether (USDT), and many more.
There are two types of lending products on Binance Lending. Flexible Savings and Locked Savings.
What are Flexible Savings?
Flexible Savings is your Crypto savings account. Subscribe your crypto to earn interest, with the flexibility to redeem your funds at any time.
What are Locked Savings?
How to use Binance Lending
Using Binance Lending is very easy; it won’t take you more than a few clicks!
Log in to your Binance account. If you don’t have an account, register and create one in minutes.
How to create Binance account? Get video tutorial. Click Here!
Hover on Finance on the top bar, and click on Savings.
Click on Products.
Select the type of lending product you’d like to use: Flexible Savings or Locked Savings.
- Select the product you’d like to subscribe your crypto to, and click on Subscribe. You’re done!
- Need video tutorial for using Binance Lending? Click Here!