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Binance Earn - Earning from Your Idle Coins

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@esmeesmith
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I am sure majority of you who are on Leofinance know about Binance. A lot of us keep some random alt-coins into binance wallet. Be it ETH, or it's sub tokens or BTC or other stablecoins like USDT,BNB and the list goes on, you will find support for most of the coins there.

Binance is not just limited to some wallet and marketplace to sell the coins. It has much more services like staking, deposit system and reward pool system.

We often don't know what to do with these set of the coins that are sitting dormant in our wallet. Unless we stake them or keep them as a deposit in the crypto banks, it's not going to be much help to us.

So today I decided to take leap of faith and decided to invest into the Binance Earn. I have around 150 USD worth of the BTC coins into the Binance. So I thought I should put the money into the 1.6% APY BTC plan.

You can check out various types of the plans of Binance here.

Here's my current investment into the Binance Earn.

You can also follow my discussion about this on noise.cash here. You can further join the discussion and comments over there if you want to.

Binance earn is pretty much good option for the people who are storing their coins into the Binance wallet and want to do something witht their dormant portfolio.

I also think there is a DEFI staking option which can be a good option for most of the people who want to earn from the staking rewards. Binance being the top validator in the industry for various coins like USDT, KAVA, TRON etc. You can find the plans for those coins for staking on Binance and Trustwallet.

Have you staked or invested anything in the Binance Earn? What is your experience with staking and investment on such crypto platform?

Posted Using LeoFinance Beta