Binance Flexible Savings explained – Enpatika
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Binance Flexible Savings explained

How do you use a flexible savings Binance?

28 March 2022 Enpatika.com Genel

Click on “Savings Assets” on the “Wallet” dropdown. Select “Flexible Savings” & click on “Redeem” under the “Operations” tab on the product you wish to redeem.

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How long does flexible savings last?

28 March 2022 Enpatika.com Genel

You can choose from 7 days, 14 days, 15 days, 30 days, 60 days, or 90 days lock-up period . It varies for different coins. Also, the interest rates are higher than what is obtainable in Flexible Savings.

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Can I lose money Binance flexible savings?

28 March 2022 Enpatika.com Genel

Yes you are still liable to losing money because if the value of the coin you staked drops then your coin values drop too and so does the APY because it is based on how much coin you saved.

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Is Binance savings guaranteed?

28 March 2022 Enpatika.com Genel

11.Am I guaranteed to earn interest on Binance Savings products even if the crypto markets go down? Yes. The interest rate on each product is guaranteed .

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What is Binance saving?

28 March 2022 Enpatika.com Genel

Binance Saving is a Lend and Earn service on the Binance Earn platform . With Binance Savings, you can apply for the Flexible Savings or Locked Savings and your investment earns you daily interest.

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