Learn about Binance Locked Savings

For those thinking of using Locked savings on Binance I made this video looking at how to use it as well as the pros and cons.

Quick recap

##pros

ease of use

Higher rates than flexible savings

speed

##cons

lower rates than bitfinex

misleading rates advertised due to taking 8 days to complete the 7 day term

##overall impression

If you dont want to leave Binance and have some of the limited assets available and want a simple way to earn a little extra, go for it. But thats a lot of provisions. For me there is always a better product for everything locked savings does.

I also did a more general video about Binance Earn covering all the passive income options on Binance

and a video covering flexible savings

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