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Anonymous

20 May 2021

∙

What is Crypto Savings in Binance? What does it really do?

I am a student and just got my hands into crypto. May I know what is the crypto savings about? Is it that I get to earn the interest everyday instead of just holding it?

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Chris

20 May 2021

Owner and Writer at Tortoisemoney.com

Basically, yeah. The crypto is loaned out to investors/traders trying to borrow it and in return, you're paid interest for it (kinda similar to your bank account).

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