Binance launches interest bearing products that support various tokens such as BNB, SOL, ADA, SUI, etc

Binance has now launched a holding interest bearing product, where users can earn staking income through designated tokens in their spot accounts. This feature only requires one click activation, and users can earn daily returns while maintaining spot positions, and can still trade, withdraw or use assets at any time. The income from holding coins and earning interest comes from the on chain pledge mechanism, and the income will be distributed daily to the spot account, calculated based on the average daily holdings of eligible tokens in the user's spot account. The currently supported tokens include BNB, SOL, ADA, SUI, TON, NEAR, POL, ALGO, S, and AXS, but they must meet the minimum holding requirement and have a profit calculation limit. Any excess will not receive additional profits.