Press Transfer confirmed<\/figcaption><\/figure>\nOnce confirmed, the system will transfer registered funds from the spot wallet to the savings, you can review the registration by tapping <\/span>Account <\/span><\/i>on Binance Savings.<\/span><\/p>\nTap Account on Binance Savings<\/figcaption><\/figure>\nTo withdraw funds, select<\/span> Wallet <\/span><\/i>then click<\/span> Fiat and Spot.<\/span><\/i><\/p>\nSelect Wallet then click Fiat and Spot<\/figcaption><\/figure>\nPress <\/span>Redeem <\/span><\/i>to withdraw. At that time, the principal and interest will be recorded at the same time and can check the balance in the list of assets.<\/span><\/p>\nPress Redeem to withdraw<\/figcaption><\/figure>\nEnter the redemption, select the redemption method, and then press <\/span>Confirm<\/span><\/i>.<\/span><\/p>\nEnter the redemption, select the redemption method, and then press Confirm<\/em><\/figcaption><\/figure>\nLocked Savings<\/h3>\n Similar to the flexible savings feature, Locked Savings is also one of the financial products that Binance offers to increase the cryptocurrency assets of investors. Investors can set up this feature at any time and earn passive income from their holdings. Their interest earned will be forfeited if they withdraw it before the maturity date. Therefore, the terms and the way of calculating interest rates are much simpler than Flexible Savings.<\/span><\/p>\nHow to use it<\/h4>\n The way to use Locked Savings is also relatively simple. After taking the steps as initial instruction, press <\/span>Locked Savings<\/span><\/i> to see the annual interest rate and fixed term of each asset. Select the currency you want to transfer, and then press Transfer <\/i>to confirm the registration information. <\/span><\/p>\nPress Locked Savings<\/em> then click Transfer<\/em><\/figcaption><\/figure>\nThe system will automatically charge the expected interest after the investor has entered the number of lots. Make sure there is enough balance in the Spot wallet before pressing <\/span>Transfer confirmed <\/span><\/i>to confirm.<\/span><\/p>\nPress Transfer confirmed<\/em> to confirm<\/figcaption><\/figure>\nThe system will then transfer funds from spot wallet to Earn wallet, you can check the registration history by clicking <\/span>Account.\u00a0<\/span><\/i><\/p>\nClick Account<\/em><\/figcaption><\/figure>\nBy the repayment deadline, the locked asset with interest will be automatically withdrawn and returned to your Spot wallet. At this time, you can check their spot wallet balance as usual.<\/span><\/p>\nConclusion<\/h2>\n Binance Savings is a useful tool to help investors to make profits from their holdings without making buying and selling transactions. This is a long-term investment when there is no good trading opportunity. <\/span><\/p>\nFor those who don’t like day trading, Binance Savings is the best choice without risk. <\/span> However, what form of Savings is used for which coins, how long the term is, still should be carefully considered. Because the value of that cryptocurrency in the market has a relatively huge impact on the level of interest that investors can receive.<\/span><\/p>\n\n\n\n \n
\n \n
\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n <\/div>\n \n
\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n
\n \n\n
<\/div>\n <\/div>\n <\/div>\n<\/div>\n \n\n
\n
Rate this post<\/span>\n <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"What is Binance Savings? Binance Savings is a simple cryptocurrency saving function to make profits for investors. It allows users to deposit cryptocurrency to Binance Savings wallet. Binance will lock this asset and provide daily interest for the senders.\u00a0 Binance Savings is one of the initial products of Binance Earn. Investors not only earn a […]<\/p>\n","protected":false},"author":20,"featured_media":8273,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[390],"tags":[2073,2075,2077],"_links":{"self":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4457"}],"collection":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/comments?post=4457"}],"version-history":[{"count":9,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4457\/revisions"}],"predecessor-version":[{"id":89400,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/posts\/4457\/revisions\/89400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media\/8273"}],"wp:attachment":[{"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/media?parent=4457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/categories?post=4457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikibinance.com\/en\/wp-json\/wp\/v2\/tags?post=4457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"Click](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/click-earn-then-select-savings-750x314.png\")
![\"Click](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/Click-Subscribe-1-750x375.png\")
![\"Select](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/Select-Flexible-Savings-click-Expand-all-Flexible-Savings-products-and-tap-Transfer-750x375.png\")
![\"Press](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/5-2.png\")
![\"Tap](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/6-1.png\")
![\"Select](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/7-1.png\")
![\"\u00a0Press](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/8-2-1024x495.png\")
![\"Enter](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/9-2.png\")
![\"Press](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/10-2.png\")
![\"Press](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/11-2.png\")
![\"Click](\"https:\/\/wikibinance.com\/wp-content\/uploads\/2022\/05\/12-2.png\")