Binance Launches Earn Feature for Spot Accounts, Starting with BNB and ADA

Binance, the largest cryptocurrency exchange in the world by trading volume, has just launched a new feature called "Holding Interest" (hold interest), designed to provide users with direct interest rewards through their spot account (spot). This latest move reflects Binance's ongoing efforts to enhance platform functionality and increase user engagement with supported tokens. This feature is available for users of the Binance app version 3.1.0 and above and supports an ever-expanding list of tokens such as BNB, SOL, ADA, and other tokens. Notably, Bitcoin (BTC) and Ethereum (ETH) are currently not on this list. Simplifying Passive Income Through Spot Account With this version, Binance simplifies the interest earning process by directly crediting users' spot accounts. Unlike previous interest earning products that required users to transfer tokens to specialized earning programs, this model enhances the streamlined experience and removes barriers in the process. This development could encourage an increase in the amount of supported token deposits into the Binance platform, potentially reducing their circulating supply and significantly impacting the liquidity of tokens on decentralized networks. Strategic Vision and Industry Prospects Although Binance has not made an official statement from CEO Richard Teng regarding the launch of holding rights, his previous remarks have revealed a broader strategic vision behind these innovations. Teng previously described 2025 as "the year of cryptocurrency," signaling an optimistic outlook on the growth and long-term application of digital assets. This feature is part of a broader effort by Binance to provide flexible financial tools for everyday cryptocurrency users, reinforcing the leading position of the centralized exchange. BNB Market Update and In-Depth Analysis According to CoinMarketCap, BNB is priced at $762.45 on August 2, 2025, with a market capitalization of $106.20 billion. The 24-hour trading volume of this token increased by 8.44%, while the 30-day price volatility indicates a growth of 15.36%, reflecting the market's growth momentum. Market data also shows that BNB continues to have high demand, supported by utilities led by Binance and ongoing token burns. As the demand to hold increases, demand could rise even further if more users see this as a passive income strategy. Conclusion The feature of holding ownership on Binance marks a significant advancement in how users interact with and benefit from holding tokens. With direct integration into spot accounts, reducing complexity and increasing support for tokens, this feature could become an important attraction for both new and existing users. As Binance continues to innovate, this move may just be the beginning of a broader product development process focused on enhancing opportunities for generating passive income in the cryptocurrency space.