What is locked amount in Binance?

Locked Savings In Binance You can lock your funds on Binance for a varying interest rate based on the number of days your funds remain locked on the exchange . For instance, you can lock your funds in the form of BUSD, USDC, or USDT for 7 days for a 4.5% AIR, or 90 days for a 5.1%.

To top it all off, Flexible Savings is still a no-risk, safe way to earn with your crypto . No matter if it’s sitting in your Binance Spot wallet, you can still put it to work earning. You can also withdraw your funds instantly whenever you need them.

Locked Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network . For more on staking, please refer to Binance Academy. What will happen when I’m holding Locked Staking? We will reduce the cryptocurrency amounts which you’re holding in your spot wallet.

You may be experiencing an insufficient funds error if you have made any ACH deposits to Binance US in the past three days that have not yet cleared your bank account .