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Binance Launches BTC Yield to Help Bitcoin Holders Earn Without Selling

Covered by 4 sources · 4 articles

4 outlets - including Medium, Blockchainreporter and Crypto-economy and 1 more - are covering this story. XRP can't be staked. Here's how holders actually earn yield on it, and how CEX, DeFi, XRPL AMM, and CeFi lending compare on risk. Continue reading on Medium »

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Can You Stake XRP? How Holders Actually Earn Yield on It
Medium DeFi Tag Jul 9, 21:49 UTC

Can You Stake XRP? How Holders Actually Earn Yield on It

XRP can't be staked. Here's how holders actually earn yield on it, and how CEX, DeFi, XRPL AMM, and CeFi lending compare on risk.

Binance Earn Adds BTC Yield for Passive Bitcoin Rewards
Blockchain Reporter Jul 8, 09:00 UTC

Binance Earn Adds BTC Yield for Passive Bitcoin Rewards

BTC Yield is an exclusive and unique product working under Binance Earn to enable likely weekly passive income rewards for long-term $BTC holders.

Binance Rolls Out New Bitcoin Yield Product to Help Holders Boost Returns Without Selling
Crypto Economy Jul 7, 14:37 UTC

Binance Rolls Out New Bitcoin Yield Product to Help Holders Boost Returns Without Selling

TL;DR: Binance launched BTC Yield, a bitcoin yield product available within its Earn platform, exclusively for BTC holders. The mechanism is based on covered calls: Binance sells options on deposited bitcoin and distributes most of the coll…

Binance Launches BTC Yield to Help Bitcoin Holders Earn Without Selling
DeFi Planet Jul 7, 12:23 UTC

Binance Launches BTC Yield to Help Bitcoin Holders Earn Without Selling

Binance has introduced BTC Yield, a new product that allows Bitcoin holders to earn returns on their BTC without selling or actively trading options. The product lets users subscribe with Bitcoin and receive BTCY, which earns yield through…