To earn compound interest, users must continually reinvest the returns from interest-bearing products like crypto savings, loans, and staking.The Auto-Subscription feature on Binance Earn will automatically compound your Savings and Staking yields every day to Flexible Savings.
If you’re already putting your money to work earning passive income, it’s also a great idea to start compounding your returns. Use the Auto-Subscription feature on Binance Earn to automatically subscribe your accrued interest, in order to earn compound interest. You can let Binance Savings take care of the process for you, or choose products that are simple to compound, like Binance Staking and Fixed Savings.
For those of you who aren’t quite sure what compounding is, have no fear. It’s an easy concept to grasp. Imagine a snowball at the top of a hill. If you give it a push and it begins to roll down, the size of the snowball begins to grow at an increasing rate. By the time it gets to the bottom, the snowball could have doubled, tripled, or even quadrupled in size. As it gets bigger, the gains it makes become even larger. All it takes to earn compound interest is time and patience.
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