The annual interest rate of Binance's fixed deposit is as high as 6%

Nov 30, 2020

The AAX exchange introduced by Xiao K before can achieve zero transaction fees, receive BTC interest, and then turn them into stable coins (I will write another article to introduce what stable coins are), Then you can withdraw coins and go out to other places to collect interest. Some friends asked me before, what is the use of stable coins (such as USDT, USDC, BUSD, etc.)? If we just hold them, it doesn't seem to be very interesting. The best thing is of course, there is a place where we can collect interest. It is a good thing to collect interest every day. This time I want to introduce the Binance in Binance Binance. precious.

First of all, if you don’t have an account yet, of course, you need to apply for an account first. If you apply using the following link, you can get a 20% discount on Binance’s handling fee:

https://www.binance.com/cn/register?ref=41550012

After applying for an account, of course, you have to deposit money to receive interest XD. What is the method for Binance to deposit money?

There are two main types: OTC transactions or one-click purchase of coins. OTC over-the-counter transactions can directly buy coins with merchants; and one-click purchase of coins can use credit cards to buy coins and earn points by the way, but generally Binance Binance The price of OTC over-the-counter transactions will be relatively better, and this will need to be chosen by yourself.

Of course, if you have a stable currency, you can also directly use Binance's stored value function to deposit money directly.

How to earn interest on Binance Binance Binance

1. Current period

You can see in Binance treasure that there are many different currencies for demand interest, but stable currency is relatively safe. Sometimes some currencies are as high as more than 10%, with high risk and high return, which may be required at the same time. In the face of the risk of a sharp drop, the annual interest rate of USDT in the picture is also about 5%, which is very good (it was still only 2% XD before).

2. Regularly

Fixed deposits, as the name suggests, are the same as banks, where you put funds for a period of time and then charge stable interest. It depends on whether your personal funds are urgently needed. If you can put them for a long time, the annual interest rate will be relatively high.