Hello! Welcome back to our module on earning passive income with Binance.
In our last lesson, you got a bird's-eye view of the Binance Earn ecosystem. We compared the main product types—from low-risk Simple Earn to higher-risk options like DeFi Staking—by looking at their risk levels, terms, and potential returns. This gave you the "what" and the "why" behind passive income on Binance.
Today, we're rolling up our sleeves and moving from theory to practice. This lesson is all about taking your first step into earning. Our learning outcome is to deposit and redeem funds from Flexible Savings products. This is the most straightforward and liquid way to make your idle crypto work for you, and mastering this process is a fundamental skill for using the Binance platform effectively.
A Quick Refresher: What Are Flexible Savings?
Before we jump into the "how-to," let's quickly recall the key features of Flexible Savings (now part of "Simple Earn"):
- High Flexibility: You can deposit (subscribe) and withdraw (redeem) your funds at any time. There are no lock-up periods.
- Low Risk: Your initial capital is not at risk from the product itself, similar to a traditional savings account. The main risk is the underlying price volatility of the cryptocurrency you hold.
- Daily Rewards: You earn interest on your assets, which is typically calculated and accumulated minute-by-minute.
- Lower Returns: In exchange for high flexibility and low risk, the Annual Percentage Rate (APR) is generally lower than what you could get from locked products.
Think of it as the crypto equivalent of a high-yield savings account at a bank. It's the perfect place to "park" funds you're not actively trading to earn some extra yield, knowing you can access them instantly if you need to.
Part 1: How to Deposit (Subscribe) to a Flexible Product
"Subscribing" is the term Binance uses for depositing your crypto into an Earn product. Let's walk through how to do it. The process involves moving funds from your Spot Wallet (where your tradable assets are held) into your Earn Wallet.
To start, let's watch a demonstration from Binance's official channel. This will give you a clear visual of the steps on the mobile app.
How to Use Binance Simple Earn - Passive Crypto Income, Staking: A Beginner's Guide (2026 Edition)
This video from Binance demonstrates how to find the Simple Earn section and subscribe to a product. It's a great visual guide before you try it yourself.
Please watch the following two clips: 00:52 - 01:47: This shows you exactly where to find the 'Earn' section in the Binance app and on the website. 01:47 - 02:30: This clip demonstrates the process of selecting a coin and subscribing to a Flexible product. Pay attention to the subscription screen and the 'Confirm' step.
Now that you've seen it in action, let's look at the step-by-step instructions. Below are the guides for both the website and the mobile app.
Get Started with Binance Simple Earn Flexible Products
This Binance support article provides detailed, written instructions for subscribing to Flexible Products. It's useful to have open as a reference when you perform your first subscription.
Please read the two sections detailing the subscription process: Find the heading 'How to subscribe to Simple Earn Flexible Products?' and read the first set of instructions for the website. Immediately following that, read the next section with the same heading that provides instructions for the mobile app.
Key things to note on the subscription screen:
- APR (Annual Percentage Rate): This is the estimated rate of return you'll earn over a year. Remember, for flexible products, this rate can and does change. Some coins may also have a Bonus Tiered APR, where you earn a higher rate on a small amount of crypto and a lower rate on amounts above that threshold.
- Auto-Subscribe: This is a very useful feature. If you enable it, Binance will automatically transfer any idle balance of that specific cryptocurrency from your Spot Wallet to your Flexible Savings account each day. It’s a "set-and-forget" way to ensure your assets are always earning yield. The video from Binance also touches on this feature from 03:56 - 04:17.
Part 2: How to Withdraw (Redeem) Your Funds
"Redeeming" is the process of moving your funds, plus any accrued interest, back from your Earn Wallet to your Spot Wallet. The main advantage of Flexible Products is that you can do this instantly, at any time.
Let's see how it's done.
How to Use Binance Simple Earn - Passive Crypto Income, Staking: A Beginner's Guide (2026 Edition)
This clip from the same Binance video shows the redemption process. Notice how quickly the funds are returned to the Spot Account.
Please watch these two short segments: 03:36 - 03:56: This part shows how to navigate to your Earn assets to view and redeem them. 05:08 - 05:36: This provides a clear demonstration of the redemption pop-up and confirmation.
As with subscribing, here are the written steps from the official Binance guide.
Get Started with Binance Simple Earn Flexible Products
This section of the Binance support article provides the step-by-step instructions for redeeming your funds.
Please find and read the two sections on redemption: Look for the heading 'How to redeem your Flexible Products?' and review the steps for the website. Then, review the next section with the same heading that covers the process on the mobile app.
The interface for redeeming is very straightforward, as you can see in the image below. You simply find the asset in your Earn Wallet and click 'Redeem'.
Once you redeem, the funds are transferred back to your Spot Wallet almost immediately, and you stop earning rewards at that moment.
Part 3: Viewing Your Earnings and History
It's important to know where to track your activity. Your rewards from Flexible products are handled in two ways:
- Real-Time APR Rewards: These are the base rewards. They accumulate directly into your Earn Wallet balance every minute, so your subscribed amount continuously grows. You won't see these as separate transactions in your Spot Wallet.
- Bonus Tiered APR Rewards: If a product offers these, the bonus rewards are calculated daily and distributed to your Spot Wallet on the following day.
You can find a complete history of your subscriptions, redemptions, and reward distributions in your Earn History. The Binance FAQ article you just read explains how to find this history in the section titled "How to view my Flexible Product history?" for both web and app.
Conclusion
Congratulations! You've just learned the practical steps for using your first passive income product on Binance. This is a crucial, low-risk way to start making your portfolio more productive.
Key Takeaways:
- Subscribing moves crypto from your Spot Wallet to your Earn Wallet to begin generating yield.
- Redeeming instantly moves your crypto back from the Earn Wallet to the Spot Wallet, giving you full flexibility.
- Auto-Subscribe is a powerful tool to automate putting your idle assets to work.
- Flexible Savings is the simplest and most liquid entry point into Binance Earn, perfect for beginners and for funds you may need to access quickly.
What's Next?
Now that you're comfortable with the mechanics of depositing and withdrawing from a flexible product, you're ready to explore options that offer higher returns. In our next lesson, we will focus on how to subscribe funds to a Locked Savings product for a fixed term. You'll learn about the trade-off between giving up immediate liquidity and earning a higher, more predictable interest rate.