Journey to Crypto World: Savings and BNB Vault

I'm here again documenting my Journey to Crypto World. This time My topic is about Savings and BNB Vault.

Since I'm not so good at Trading lol. So I'll go with Savings.

And this is also for those Newbies out there who find a little difficulty in Staking, Farming and Trading.

Why don't you try Savings right? But be sure that you are ready to invest financially and mentally.

As you all know Crypto World is Volatile. And we are all taking a risk. Hoping to gain some Profits in return of our Investment.

The Price Value of a certain Token can be change in just a blink of an eye. So think a million times before you enter the world of Crypto.

And today I will teach you all on how to save in BNB Vault and all about savings in your Binance Wallet.

How do we start? First don't forget to download Binance Wallet. If you already have a wallet then much better.

Then next send your Bitcoin Cash into your Binance Wallet. And it's all up to you how much investment you'd like to take a risk.

I will always promote our very own Bitcoin Cash because it's very easy to use with a low Fee and fast Transaction.

Just wait for a few minutes for your Bitcoin Cash to arrive.

The next thing to do is Convert your Bitcoin Cash into BNB. Or if you already have other Tokens in your Binance Wallet. You can choose what Token you'd like to Convert.

How to Convert? Let's open your Binance Wallet.

1.Click Wallets.

2.Select Spot and Click "Convert small assets into BNB.

3.Choose what Tokens that you like to Convert. My example is BCH but you are free to choose whatever you like.

4.Last but not the least Click "Convert".

And Voila! You have now a BNB Token!. It's easy right?

Next we will put your BNB in the Vault.

Let's go...

1.Click Home.

2.Then Select More.

3.Scroll down and Click "BNB Vault".

4.Click Stake.

5.Type your desired amount or click Max. The minimum amount to Stake is 0.01 BNB.

And as of the moment the current price value of 0.01 BNB is $5.23.

6.Click the box indicating that you agreed on the said Service Agreement. Then Confirm your Transaction.

7.After confirming your Transaction. A pop up notification will appear saying "Staked Successfully.

And tsaran!!!! It's very easy at all.

And now let me teach you in advance on How to Unstake your BNB.

Just in case if you like to withdraw and use your money.

So let's begin...

1.Click Unstake.

2.Type the desired amount that you wish to Unstake. Then Click the "Fast redemption".

3.Check the box to prove that you agreed on the said Service Agreement then Click Confirm.

4.And a pop up notification will appear saying Unstaked Successfully.

That's how easy to Unstake. As long as you follow the steps. Nothing to worry about.

Now Where can you find your Stake BNB?

1.Click Wallets.

2.Then Select Earn.

And there it is where you can see how much savings did you earned.

And now if you wish to put your Tokens in Savings and earn some profits on it. You can! How? Let me show you...

1.Click Home

2.Then Select Savings.

3.Scroll down and choose a Token that you wish to Save. Then Click Subscribe.

This is a reminder my Friends. Never ever Click the Auto- Subcribe. Because this token will automatically put into Savings.

And you will be wondering where did your token go and it will be a hassle especially if you are in trading. Just imagine you want to buy a Token and your Usdt will be gone. It will continue to be gone unless you deactivate the Auto-Subcribe Button. So never touch this area.

4.Click Max or type the desired amount that you wish to save.

This Usdt that I save is only a cents. Yeah I didn't really Invest. It is just a leftover when I'm trading. I don't know the exact term to call. Maybe Usdt Transaction Fee? Whatever it is. I only save a cents of Usdt. I'd like to see a cents of Token to grow little by little until it will become bigger.

5.Click the check box indicating that you agreed on the said Binance Savings Service Agreement. Then Click "Confirm Purchase".

And tsaran! You are done. You have Savings now. And we will be waiting how much Usdt can we get in a month.

Well, if you save bigger you will earn big too I guess. As for me I'd like to invest in cents lol. I don't know but I like it.

It will take one day to accumulate an interest.

So where do we check if we got an interest everyday?

1.Click Wallets.

2.Select Earn.

3.Then click this rectangular box that looks like a timer or clock. (Please refer from the screenshot above for further understanding.)

And here it is! As you can see and check All the Tokens that you already Transferred. It is all recorded and can be found in Transfer.

And you can see the record of your Unstake at the Redemption Button.

And of course all the Interest History of your Tokens can be found at the Interest lol. As you can observe the Ada Token was not yet included. Maybe tomorrow or later, it will accumulate an interest.

Thank you once again for being here with me in this Volatile Journey to the Crypto World.

Again this is not a financial advice or whatsoever. It's up to you if you invest or not. If you are ready this guide will always be here just feel free to open and read.

leejhen 💞

Surprise!!!!

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just comment in here if you're gonna need my guide. And I'm very much willing to help.