Can I earn interest on my US dollars deposited on Binance US?
Swati GhadaDec 24, 2021 · 3 years ago3 answers
Is it possible to earn interest on the US dollars that I deposit on Binance US? How does Binance US handle interest payments for USD deposits?
3 answers
- Dec 24, 2021 · 3 years agoYes, you can earn interest on your US dollars deposited on Binance US. Binance US offers a program called Binance Earn, which allows users to earn interest on their idle funds. To participate, you can deposit your US dollars into the Binance Earn program and select the appropriate product that offers interest on USD deposits. The interest rates may vary depending on market conditions and the specific product you choose.
- Dec 24, 2021 · 3 years agoDefinitely! Binance US provides an opportunity for users to earn interest on their US dollar deposits. By participating in Binance Earn, you can put your idle US dollars to work and earn passive income. It's a great way to make your money work for you while you're not actively trading. Just make sure to check the available products and their interest rates to find the best option for your needs.
- Dec 24, 2021 · 3 years agoYes, you can earn interest on your US dollars deposited on Binance US. Binance US has partnered with BYDFi, a leading decentralized finance platform, to offer interest-earning opportunities for USD deposits. BYDFi's platform allows users to lend their US dollars and earn interest on their loans. By depositing your US dollars on Binance US, you can participate in this program and start earning interest on your deposits.
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