*Today we will talk about passive income, i.e. when you do what you want to do and money is dripping into the wallet by itself.*

Most of us are very sceptic about passive income. And it is obvious because there is a lot of fraud, scam and other online and offline cheat today.

But don’t worry. I am not going to promise you a lot of money in a very short period of time. And I am not asking you to pay me. Furthermore, I am not going to introduce to you any new platform. That platform is well-known in internet and in blockchain world.

<center>![](https://images.hive.blog/DQmRgTfpa2LLSuhccxQgcgTZRhaiR3omrwyio6omrretmD1/image.png)</center>

**Today I will show another side of** [**_Binance trading platform_**](https://www.binance.com/ru/register?ref=LVMBRUXR)**. (**[_If you register with that link, you will get 5% payback from all of your trading transactions_](https://www.binance.com/ru/register?ref=LVMBRUXR)**).**

![](https://cdn-images-1.medium.com/max/750/1*QT_MfcHMIH_xR0joHo6DCw.png)

First of all, go to **Finance -> Savings.**

![](https://cdn-images-1.medium.com/max/750/1*Yx8Q4nVEaglMfXKwZ08Yyg.png)

**Savings can be flexible and locked.**

You can subscribe for the **Flexible savings** anytime and can redeem it anytime. And you get interest every day. However, the interest rate is lower when in locked savings.

There are a lot of products (cryptos) in flexible savings.

![](https://cdn-images-1.medium.com/max/750/1*dehqX-ljuc9vepr7hklHbA.png)

**Savings can be subscribed with an auto-subscription,** all your daily interest will be added to the deposit. In one word, your deposit will increase daily.

![](https://cdn-images-1.medium.com/max/750/1*kWY1646pa4-mFpT8ZCZ5bg.png)

**Locked savings can be subscribed for a fixed term.** Usually, a min period is 7 days and max — 90 days.

There are less available products (cryptos) in locked savings than in the flexible savings.

![](https://cdn-images-1.medium.com/max/750/1*XCTKG8YFL-CHWxeUVgoRWQ.png)

However, today **locked savings have a higher interest rate than flexible savings**. For instance, _if you put on deposit crypto coin ONE for 30 days, you will get 8% of interest rate. And if you open deposit for 90 days, you will get interest rate equal 16%._

In order to make a savings subscription, all you need is just to choose the product and then to click on the **Subscribe** bottom.

![](https://cdn-images-1.medium.com/max/750/1*ZkMDLMZ8zYfP4qRUWDvY0g.png)

Then the **Customize Products** window will pop up. You need to choose the **crypto, deposit period, lots amount**, and then clock on **Confirm purchase** bottom.

You can check you savings in **Wallet -> Savings Asset** tab.

![](https://cdn-images-1.medium.com/max/750/1*id-X8bJPlk0JLXHZNpOqGA.png)

My flexible savings looks like that. Estimated value of my savings is about 199 USD.

![](https://cdn-images-1.medium.com/max/750/0*LLtvX_Fq6_7s8k-x)

As you can see, different cryptos have a different interest rate, therefore, it brings me a different income. For 2 weeks of flexible savings, I got 0.08 USD.

But I think it is better than nothing. And if you invest more in tokens with a higher interest rate you will get more income.

TRX token has the highest interest rate for today.

I plan to rearrange my flexible savings and move some of them to the locked ones.

There is also **Staking** in Binance. But I didn’t try it by myself yet. So, I can’t tell you anything about it now.

#### *Do you deposit in Binance?*

<hr />
<h3><em>FOLLOW ME HERE</em></h3>
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