How can assets be moved from fixed to flexible savings?

 After subscribing to Binance Use Guidelines for Binance Locked Savings Fixed Savings, you have the option to transfer all or a portion of the funds to Flexible Savings for an early redemption to increase the liquidity of your asset (the minimum transferable amount is 1 lot; given that Flexible Savings supports the asset).

To view all of your locked assets, select [Wallet] - [Earn] - [Locked].


2. Next to the asset you want to redeem, click [Transfer]. Fill in the amount you want to move to Flexible Savings.



3. If you are using the Binance App, go to [Wallets] - [Earn] to get there.


To view your current locked asset balance, click the asset. Enter the desired amount and click [Transfer to Flexible].



After you've confirmed the transfer, take note of:

  • Interest will no longer be paid on the assets transferred to Flexible Savings in Fixed Savings.
  • Your assets will be moved to your Flexible Savings account where they are immediately redeemable.
  • The next day's calculations for the interest on your Flexible Savings assets will begin, and the third day's distribution of interest to your account will begin.


As an illustration, suppose that on January 1, 2021, you subscribed 10,000 USDT to Fixed Savings and that on January 5, 2021, you need the money for trading and want to transfer 5,000 USDT to Flexible Savings. On the same day, the money is transferred to your Flexible Savings account and is available for immediate redemption.
c. Starting on January 6, 2021, interest will start to accrue on the 5,000 USDT in Flexible Savings.
d. On January 7, 2021, the 5,000 USDT in your Flexible Savings account begins to earn interest.
Previous Post Next Post