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Risks with Binance BUSD Flexible Savings?

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by COINS NEWS 219 Views

So Binance offers 10% flexible savings on BUSD which is miles better than anything my bank offers. I know 'Do Your Own Research' and all but I wanted to ask if there are any major risks with putting some of my savings into this.

I know there's risk if Binance goes under but I feel like I have to be missing something glaringingly obvious. Usually if there is a chance to get 5x higher interest, there has to be a catch somewhere.

Any advice or suggestions of things to consider would be much appreciated.

submitted by /u/zmab1e
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