Binance has introduced a new "holding interest" feature that lets users earn rewards directly from tokens held in their spot accounts. This innovation is currently available for a selection of tokens, including BNB, SOL, and ADA, but it does not support BTC or ETH at this time. To use this feature, users must have Binance app version 3.1.0 or higher.
This update simplifies the process of earning interest, as it removes the need to transfer tokens to a separate product. By automatically crediting rewards to spot accounts, Binance aims to make earning on crypto holdings more seamless. The company expects this will encourage more token deposits on its platform, which could in turn reduce the circulating supply of these tokens.
While there have been no public statements from CEO Richard Teng specifically about this feature, his earlier comments about 2025 being "the year of crypto" reflect the company's optimistic view on the future growth of the digital asset industry. This new feature aligns with Binance’s ongoing efforts to enhance user experience and innovate in the crypto market.
August 2025, Cryptoniteuae