Welcome to our guide and review about Binance flexible savings account.
We will investigate what the Binance earn features is and we will go deep into tow of the main features, flexible savings account, and locked savings account.
These savings accounts are a perfect way to earn Bitcoin and crypto passive income, especially if you hold them a bitcoin exchange account with a 0% interest fee.
What is Binance Earn?
Binance Earn is a number of features where you can invest Bitcoin and other cryptocurrencies. Here, you can earn passive income on your crypto holdings. Binance earnings consist of flexible savings, locked staking, DeFI staking, Launchpool, Liquid swap, and Dual Savings.
In this article, we will focus on
- Flexible Savings
- Locked staking
What is Binance Flexible Savings?
With Binance flexible savings you can deposit and redeem your cryptocurrency holdings at anytime. This is the big advantage.
However, the disadvantage is that the interest rates are very low. As you can see in the screenshot below they ranges between 2-6%.
If you don´t want to lock your funds for 30 or 60 days we recommend you to look for alternatives such as YouHodler or Kraken. Here, you can deposit and redeem or withdraw your coins at any time.
Binance Flexible Savings Terms, Pros and Cons
The big advantage of Binance flexible savings is, of course, it’s flexibility.
Here, you can deposit and redeem your deposit at any time.
Binance Flexible Savings Terms
Interest Calculation Rule – The interest amount is calculated and distributed daily based on your available flexible savings assets. The interest amount is rounded down to 8 decimal places.
Binance Flexible Savings Tiers – For certain types of cryptocurrencies, Binance currently offers a tiered saving rate system. This works by offering different levels of APY (annual percentage yield) according to the amount being deposited in the Flexible Savings. Usually, you will get a lower interest rate on higher deposits.
Flexible Savings timeline – Subscriptions and redemptions are closed 23:50-00:10 UTC every day. Interest is calculated from the next day after deposit. No interest is accumulated on the deposit day.
Binance Flexible Savings Pros
- Redemption any time
- Principal (deposit amount) guaranteed
Binance Flexible Savings Cons
- Low interest rates compared to locked staking
Binance Flexible Savings Subscription and Redemption
Here, we describe, step-by-step how to subscribe and redeem to Binance flexible savings.
How to subscribe to Binance flexible savings?
- Click on “Earn” in the top menu
- Look for “Savings” and click
- The default tab should be “Flexible Savings”
- Click on Subscribe” on the flexible saving product you wish to subscribe for
How do I redeem from Binance a flexible savings product?
- Click on “Wallet” in the top menu
- Look for “Earn” and click
- The default tab should be “Savings”
- Click on “Redeem” on the flexible saving product you wish to redeem.
Binance Flexible Savings Risks
The risks with Binance flexible savings are very limited. The risks are mainly connected to deposit to Binance itself as a cryptocurrency platform.
Therefor, we have summarized some risks associated with depositing to a crypto exchange (Not isolated to Binance and are not directly connected to Binance flexible savings) some risks
- Binance can be hacked
- Binance can go bankrupt
- Binance can run bad business or be a fraud
What is Binance locked Staking?
With Binance fixed savings, or locked savings, you will get higher profits than for flexible savings. You will have to lock your funds for a certain period of time.
Binance locked saving has the best interest rates for many coins, some are listed below.
As you can see in the screenshot below, some common duration’s are 15, 30, 60 or 90 days.
However, users can choose to redeem in advance. After choosing early redemption, the principal will be returned to the spot account, and the distributed interest will be deducted from the refunded principal. Due to different global time zones, it takes 48-72 hours to receive the tokens.
Read more in our Binance locked staking review 2021.
Here, are some coins where Binance Earn is offering the best interest rate

Get 20% off from all fees charged by Binance with our referral code.
What is High Yield Staking Program?

Binance did launch it´s high yield staking program in April 2021.
Here, you can earn the best APY on many different cryptocurrencies.
The limitation is that you are only allowed to deposit around $300-$400 per coin and you need to lock them up for 15 days. It´s also a first-come, first-served basis.
Read more about this Binance Earn product in our article, Binance high yield staking review 2021.
Binance Earn VS Crypto.com Earn
Both Binance Earn and Crypto.com Earn are similar products and they offer interest on your crypto holding. Both features are offering flexible and fixed deposit terms.
However, there are some differences you should be aware of.
- With Crypto.com you receive bonus interest if you stake their native token, CRO. Binance doesn´t give you any extra for holding their native token, BNB.
- Crypto.com has, in general, higher interest rates than Binance. You can see all rates from Crypto.com in the screenshot below.
- Crypto.com Earn is only available in the mobile app while Binance Earn is available in desktop version and the mobile app

Binance Earn VS YouHodler
Both Binance Earn and YouHodler are offering the best passive income and interest opportunities for many different cryptocurrencies.
However, there are some pros and cons you should be aware of
- YouHodler has no lock up periods while you have to lock for 30, 60 or 90 days in Binance Earn to receive the best interest rates
- YouHodler has a maximum interest earning deposit of $100.000 while Binance Earn also has a cap that is much larger than this
- Non of the platform has loyalty levels or other bonuses as is the case for Celsius, Cryptocom and NEXO
Binance Coin BNB best interest rates and APY
So, where to find the best Binance Coin BNB interest rates and the higest APY?
We have listed all the best places to deposit you BNB holdings to earn the highest yield.
AS you could expect, Binance Earn is in the lead here. To see the full list, visit our blog post about the best Binance Coin BNB interest rates.
Buy Bitcoin and Crypto on Binance with Credit Card
As the largest crypto exchange, Binance is offering many different deposit methods, including credit card.
Here, you can deposit fiat currencies with VISA and Mastercard for a 1.8% processing fee.
Read more about how to buy Bitcoin on Binance with a credit card.