What is annualized lending interest rate?
Could you please clarify what is meant by the term "annualized lending interest rate"? I'm interested in understanding how this concept is calculated and how it differs from other types of interest rates. Could you also explain how it impacts borrowers and lenders in financial transactions? Additionally, are there any specific factors that determine the annualized lending interest rate? Thank you for your assistance in clarifying this topic.
How do you earn passive income in Binance?
Could you possibly enlighten me on the methods of generating passive income through Binance? I've heard rumors of individuals earning significant sums through crypto trading, but I'm yet to understand the specifics. Could you please explain the ins and outs of earning passive income on this platform? Are there any specific strategies or techniques that you could recommend? I'm particularly interested in understanding how I can take advantage of the market fluctuations to generate consistent returns. Thank you in advance for your time and expertise.