Stablecoins · Yield and principal rules
Where to park USDT,
and when you actually get it back
Binance Simple Earn has four tiers — Flexible, Locked, staking-style rewards and Dual Investment. This site reads each one's terms and lays them side by side: how the APY is calculated, what early redemption really costs you, and which tier can hand your principal back as a different coin.
Enter this code when you register for up to 20% off trading fees*
* The actual rate is whatever Binance shows at the time and can change with their policy; entering the code never costs you anything extra. KVYTO is not the official Binance website.
Four ways to earn yield, and how the rules differ
Terms checked 2026-08| Product | Can you exit early | How the yield is paid | Does the principal change | Who it suits |
|---|---|---|---|---|
| Flexible | Redeem anytime | Accrues daily, floating APY, can change at any time | Unchanged in coin terms Platform credit risk |
Money you may need at short notice |
| Locked | Some products allow early exit, at a cost set by the terms | Rate fixed at subscription, paid daily | Unchanged in coin terms Platform credit risk |
Money you are sure you won't touch for a set period |
| Staking / launch rewards | Locked per the campaign rules | Rewards usually settled in the project's own token | Reward token price moves Reward value uncertain |
People willing to carry reward-token volatility |
| Dual Investment | No redemption before settlement | The settlement price decides which coin you are paid in | May be converted into the other coin This is a directional bet |
People who know exactly what they are taking on |
About row two: some Binance Simple Earn Locked products currently support early redemption — once confirmed you normally get the principal back with the rewards already paid deducted from it, and the assets can take up to 72 hours to land in your Spot wallet. Other products don't support early redemption at all. Which one you're in is set by the terms of the specific product you subscribed to; the three rule types are compared in what early redemption actually costs.
Earn products are not principal-protected. Of the four tiers above, only the first two keep your principal unchanged when measured in the coin itself; staking rewards move with the reward token's price, and Dual Investment converts your principal into the other coin when the market goes against you. Exact terms, redemption timing and fees are whatever Binance shows at the time. Full write-up in the complete guide to stablecoin yield.
Guides
Product Terms
Rate Tracker
Risks
Tools
About and compliance
New articles appear in their section first; you can also follow along by RSS.