How does flexible savings in Binance work for digital currency holders?

3 answers

• RONAOct 14, 2022 · 3 years ago
  Sure! Binance's flexible savings allows digital currency holders to earn passive income on their holdings. By depositing your digital currencies into the flexible savings account, you can earn interest on them. The interest rates are determined by market demand and can vary over time. This feature is a great way to make your digital currencies work for you and potentially increase your overall holdings. Keep in mind that the interest rates are not fixed and can change, so it's important to stay updated on the current rates.
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• hellergangSep 05, 2023 · 2 years ago
  Flexi savings in Binance is a fantastic way for digital currency holders to earn passive income. By depositing your digital currencies into the flexible savings account, you can earn interest on them. The interest rates are dynamic and are influenced by market demand. This means that you have the potential to earn higher returns during periods of high demand. It's important to note that the interest rates are not guaranteed and can fluctuate. However, this feature provides a convenient and hassle-free way to grow your digital currency holdings over time.
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• Ramon ZepedaSep 29, 2023 · 2 years ago
  With BYDFi's flexible savings feature, digital currency holders can earn interest on their holdings. By depositing your digital currencies into the flexible savings account, you can passively grow your holdings. The interest rates are determined by market demand and can vary over time. This feature is a great way to maximize the potential of your digital currencies and generate additional income. Keep in mind that the interest rates are subject to change, so it's important to stay informed about the current rates and make informed decisions based on your investment goals.
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