Many mainland users simply let their crypto sit idle in their accounts after purchasing. In reality, Binance offers a rich selection of earn products that let your crypto assets generate additional returns during the holding period. This tutorial comprehensively introduces Binance's various earn products and how to use them, helping you achieve passive income on your holdings.

1. Binance Earn Product Overview

Binance Earn is a comprehensive cryptocurrency earn platform offering multiple yield products:

Product Type Risk Level Yield Liquidity Suitable For
Flexible Savings Low 1%-5% Deposit/withdraw anytime Conservative
Locked Savings Low 3%-15% Lock-up period Steady
Launchpool Low-Medium Variable Redeemable anytime Active
Dual Investment Medium Higher Settled at maturity Advanced
Liquidity Farming Medium-High Higher Redeemable Professional
ETH Staking Low 3%-5% Redeemable Long-term holders

2. Preparation

  1. Register a Binance account and complete identity verification
  2. Download the Binance APP
  3. Ensure your spot account has the cryptocurrency you want to earn with
  4. Navigate to "Earn" in the Binance APP

3. Flexible Savings (Simple Earn Flexible)

Product Features

  • Deposit and withdraw anytime: No lock-up period; redeem at any time
  • Daily interest: Interest is automatically paid to your account every day
  • Low threshold: Very low minimum subscription amount
  • Auto-subscribe: Enable auto-subscribe to automatically transfer idle spot account balances

Steps

  1. Go to "Earn" > "Flexible"
  2. Browse the list of available flexible products
  3. Find your held token (such as USDT, BTC, ETH, etc.)
  4. Check the current annualized yield
  5. Click "Subscribe"
  6. Enter the subscription amount (or click "Max")
  7. Read and agree to the product terms
  8. Confirm subscription

Enable Auto-Subscribe

  1. Find the "Auto-Subscribe" toggle on the flexible savings product page
  2. Once enabled, idle tokens of that type in your spot account will automatically transfer to flexible savings
  3. When you need to trade, the system will automatically redeem the required amount

It is recommended to enable auto-subscribe for USDT so that idle funds continuously generate returns.

Redemption

  1. Go to "Earn" > "My Earn"
  2. Find the flexible product you want to redeem
  3. Click "Redeem"
  4. Select "Fast Redemption" (instant arrival) or "Standard Redemption" (arrives the next day, with higher yields)
  5. Enter the redemption amount
  6. Confirm redemption

4. Locked Savings (Simple Earn Locked)

Product Features

  • Fixed terms: Typically 30, 60, 90, 120 days, etc.
  • Higher yields: Same-token locked yields are higher than flexible
  • Auto-redemption at maturity: Principal and interest are automatically returned upon maturity
  • Some support early redemption: May forfeit partial interest

Steps

  1. Go to "Earn" > "Locked"
  2. Browse the product list and compare yields across different terms
  3. Select the right product and term
  4. Click "Subscribe"
  5. Enter the amount
  6. Choose whether to enable "Auto-Renew"
  7. Confirm subscription

Selection Strategy

  • Short-term idle funds: Choose 30-day locked
  • Medium-term unused funds: Choose 60-90 days
  • Long-term held tokens: Choose 120 days for the highest yield
  • Batch approach: Split your funds into portions and invest in different term products

5. Launchpool (New Token Mining)

Product Features

Launchpool is a new token mining event periodically launched by Binance, where users stake BNB, FDUSD, and other tokens to earn new project token rewards for free.

  • Zero-cost new tokens: Your staked principal doesn't decrease
  • Flexible redemption: Redeem your principal at any time
  • Attractive returns: Annualized returns are often solid depending on project popularity and staking volume
  • Low entry barrier: Stake a small amount of BNB to participate

Steps

  1. Go to "Earn" > "Launchpool"
  2. Check current ongoing mining projects
  3. Select the staking pool to participate in (usually BNB pool and FDUSD pool)
  4. Click "Stake"
  5. Enter the staking amount
  6. Confirm staking
  7. Start receiving new token rewards every hour

Tips for Maximizing Returns

  • Participate early: When a project first launches, total staking is low, resulting in higher individual rewards
  • Choose the BNB pool: BNB holders can often earn a larger allocation
  • Pay attention to listing times: After the new token is listed for trading, choose the right time to sell

Redemption

You can redeem your principal at any time during the mining period:

  1. Go to the Launchpool page
  2. Find the project you participated in
  3. Click "Redeem"
  4. Enter the redemption amount
  5. Confirm redemption

6. Dual Investment

Product Features

Dual Investment is a structured earn product combining fixed yield with price prediction:

  • Set a target price and expiration date
  • Regardless of the market price at maturity, you earn a fixed annualized yield
  • At maturity, the settlement token is determined by the relationship between market price and target price

Two Types

Sell High:

  • Suitable for users holding BTC/ETH and other tokens
  • Set a target price higher than the current price
  • If price is above target at maturity: Sell at target price + earn interest (settled in USDT)
  • If price is below target at maturity: Keep original tokens + earn interest (settled in original token)

Buy Low:

  • Suitable for users holding USDT who want to buy at a low price
  • Set a target price lower than the current price
  • If price is below target at maturity: Buy at target price + earn interest (settled in BTC/ETH)
  • If price is above target at maturity: Keep USDT + earn interest (settled in USDT)

Steps

  1. Go to "Earn" > "Dual Investment"
  2. Select "Sell High" or "Buy Low"
  3. Choose target price and expiration date
  4. Check the annualized yield
  5. Enter the investment amount
  6. Confirm subscription

Risk Warning

  • You may need to buy or sell at an unfavorable price at maturity
  • Cannot redeem during the lock-up period
  • Suitable for users with some price judgment ability

7. ETH Staking

Product Features

Binance offers ETH staking services, participating in the Ethereum network's PoS consensus and earning staking rewards:

  • Receive BETH or WBETH representing your staked ETH
  • Staking rewards accumulate continuously
  • You can continue using WBETH in DeFi

Steps

  1. Go to "Earn" > "ETH Staking"
  2. Enter the amount of ETH to stake
  3. Confirm staking
  4. Receive equivalent WBETH
  5. Staking rewards are automatically reflected in WBETH's value growth

Redemption

  1. Go to the ETH staking page
  2. Click "Redeem"
  3. Select the redemption amount
  4. Wait for redemption to complete (may take several days)

8. Yield Optimization Strategies

Strategy 1: Laddered Savings

Split your funds into portions and invest in locked savings with different terms:

  • 1/4 of funds in 30-day locked
  • 1/4 of funds in 60-day locked
  • 1/4 of funds in 90-day locked
  • 1/4 kept in flexible for emergencies

This way you can earn higher yields while maintaining some liquidity.

Strategy 2: Maximize BNB Returns

Holding BNB provides multiple streams of returns:

  • Flexible/locked savings interest
  • Launchpool new token rewards
  • Trading fee discounts
  • Potential airdrop eligibility

Strategy 3: Stable USDT Returns

For risk-averse users, keep funds in USDT:

  • Flexible savings: Available anytime, stable returns
  • Locked savings: Higher yields
  • Dual Investment Buy Low: Opportunity to buy quality assets at lower prices

Strategy 4: Portfolio Allocation

  • 50% of funds in USDT locked savings (safe base)
  • 30% of funds in BTC/ETH staking
  • 20% of funds in BNB for Launchpool participation

9. Frequently Asked Questions

Q1: Is Binance Earn safe?

Binance Earn products use the platform's internal fund management and don't involve on-chain contract risks. As the world's largest exchange, Binance has a SAFU (Secure Asset Fund for Users) to protect user assets. However, this doesn't mean zero risk -- you still need to be aware of market volatility and token price changes.

Q2: Do I need to pay taxes on earn income?

Currently, mainland China's tax policy on cryptocurrency income is not yet clearly defined. It's recommended to keep records of all earnings in case of future policy changes.

Q3: How is earn income calculated?

Using flexible savings as an example:

  • Assume USDT flexible annual yield is 3%
  • Deposit 10,000 USDT
  • Daily income is approximately 10,000 x 3% / 365 = 0.82 USDT
  • Monthly income is approximately 25 USDT

Q4: What happens if I don't do anything when locked savings mature?

If you enabled "Auto-Renew," it will automatically enter the next locked savings product with the same term upon maturity. If not enabled, the principal and interest will be returned to your spot account.

Q5: What if the token price drops during the earn period?

Earn products generate token-denominated returns. If the token price drops, although the number of tokens increased, the overall fiat value may decrease. For USDT savings, this isn't a concern.

Q6: How much do I need to start?

Most flexible savings products have a minimum subscription of 1 USDT or equivalent in cryptocurrency -- the entry barrier is very low.

10. Summary

Binance Earn provides mainland users with rich channels for earning passive income on their holdings. Based on your risk preference and fund planning, you can choose the right earn portfolio:

  • Conservative: Flexible + Locked USDT savings
  • Steady: USDT savings + BTC/ETH staking
  • Aggressive: Launchpool + Dual Investment + staking

The key is not to let crypto assets sit idle -- keep your funds continuously generating returns. At the same time, remember to diversify and avoid putting all assets into a single product.

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