How to Deposit ETH on Binance Earn: Step-by-Step Tutorial for Passive Income

Why Deposit ETH on Binance Earn?

Binance Earn lets cryptocurrency holders generate passive income on idle assets like Ethereum (ETH). By depositing ETH into Binance Earn, you unlock access to flexible savings accounts, staking programs, and fixed-term products with competitive APY rates – all secured by Binance’s industry-leading infrastructure. This eliminates the technical complexity of solo staking while maximizing your ETH’s earning potential.

Prerequisites Before Depositing ETH

• Verified Binance Account: Complete KYC verification (ID and address proof required)
• ETH in Spot Wallet: Transfer ETH from an external wallet or purchase directly on Binance
• Security Setup: Enable 2FA (Google Authenticator/SMS) for account protection
• App Access: Use Binance website or mobile app (iOS/Android)

Step-by-Step: How to Deposit ETH on Binance Earn

Step 1: Log In and Navigate to Earn Dashboard

Access your Binance account via app or web. Click ‘Earn’ in the top menu or navigation bar.

Step 2: Choose Your ETH Product

• Flexible Savings: Withdraw anytime (Lower APY)
• Locked Staking: Fixed terms (7-120 days) with higher yields
• ETH 2.0 Staking: Participate in Ethereum proof-of-stake (BETH tokens)
• Dual Investment: Structured products for advanced strategies

Step 3: Select Ethereum (ETH)

Filter assets by typing “ETH” in the search bar. Click ‘Subscribe’ on your chosen product.

Step 4: Enter Deposit Amount

Input the ETH amount you wish to deposit. The interface displays estimated APY and minimum requirements (usually 0.001 ETH).

Step 5: Confirm Transaction

Review terms, then click ‘Confirm’. Assets transfer instantly from your Spot Wallet to Earn.

Step 6: Track Earnings

Monitor accruals in ‘Earn History’. Rewards typically distribute daily for flexible products.

Pro Tips for Maximizing ETH Earnings

• Ladder Locked Terms: Stagger 30/60/90-day stakes for liquidity access
• Compound Rewards: Reinvest interest automatically via Auto-Subscribe
• Rate Alerts: Enable notifications for APY increases
• Diversify: Allocate ETH across multiple products for risk management

Frequently Asked Questions (FAQ)

Q: Is there a minimum ETH deposit?

A: Yes, typically 0.001 ETH for most products. Check individual product pages for specifics.

Q: Can I withdraw ETH anytime from Flexible Savings?

A: Yes, flexible products allow instant redemptions with no penalties.

Q: Are Binance Earn deposits insured?

A: Binance uses SAFU (Secure Asset Fund) protection, but crypto investments carry inherent risks.

Q: How are rewards calculated?

A: Daily interest = (ETH amount × APY) ÷ 365. Compounding occurs automatically.

Q: What’s the difference between ETH and BETH?

A: BETH represents staked ETH in Ethereum 2.0. It’s tradable on Binance but can’t be unstaked until post-merge upgrades.

Q: Do I pay gas fees for deposits?

A: Binance charges no deposit fees, but Ethereum network fees apply for external transfers to your Spot Wallet.

Start Growing Your ETH Today

Depositing ETH on Binance Earn transforms idle assets into passive income streams with minimal effort. By following this tutorial, you’ve learned to navigate product options, execute deposits securely, and optimize earnings strategies. With industry-leading security and competitive yields, Binance Earn remains a top choice for ETH holders seeking hassle-free crypto growth. Take action now – your first ETH rewards could start accumulating within hours.