How to use Binance Earn in the SafePal wallet

  • Updated

Binance Earn in SafePal wallet allows users to earn daily rewards by staking your digital assets. You can stake or withdraw the funds at any time, so you can retain flexibility and liquidity over your assets while earning daily rewards. In this section, we will demonstrate how to stake cryptos like $ETH into Binance Earn to earn passive yields from your crypto holdings, as well as how to withdraw your staked funds.

 

The article contains the following contents:

  • Step1    Get prepared for the Binance Earn
  • Step2    Navigate to the Binance Earn
  • Step3    Stake $ETH in Binance Earn

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Step1    Get prepared for the Binance Earn

To smoothly use this Binance Earn feature in SafePal wallet, we suggest you upgrade your SafePal App version first, the latest SafePal App can be downloaded from here.

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Step2    Navigate to the Binance Earn

Launch your SafePal App, you can see and find the Binance Earn tab on the rightmost of the App homepage,  click the ‘Earn’ icon.

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Click the 'Binance Earn' tab, you can view and select the cryptos that are available to earn interest and its APR info. 

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Step3   Stake $ETH in Binance Earn

Here we will choose ETH to earn yieldings, search and click 'ETH'.

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Enter the amount of your ETH that you will subscribe to Earn, If you agree with the Binance Earn Service Agreement, click 'Confirm'.

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Select a network fee Gwei, and click 'Send'.

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Enter your SafePal App security password to authorize the transfer.

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Congratulations! You have successfully deposited the ETH to earn yielding from Binance earn, you can check the yielding details.

And if you want to withdraw the funds, simply click 'Withdraw' and enter your App security to authorize the withdrawal, you will receive the staked ETH funds then.

 

 

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