How to earn on Binance with minimal risks?
Everything you need:
1. buy these coins on spot;
2. place them in easy earn to receive interest;
3. open a short position with 1x leverage to hedge against the risk of value decline;
As a result, you will receive 100% annual interest (almost 2% on the invested funds).
The risks are minimal, but they exist:
1. the coin may grow more than 2 times during the staking period, and you will be liquidated.
• This risk can be reduced by using cross-margin and adding additional funds.
2. The funding rate may become negative, then you will have to give back part of the profit.
• This usually happens rarely, but it is worth considering.
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