Should you be familiar with the field of cryptocurrency, Binance-the mighty giant among cripto exchanges-need no introduction. Binance is much more than a platform to buy or sell Bitcoins; it is a way to make real cash. Whether you are a newbie in trading or have had some experience in it, take your pick-it offers something for everyone. Thus, here is a short overview of how one can earn through Binance.
Start with Simple Trading
Spot trading is the most common form of earning: you buy the coin at a low price and sell it when the prices go high. It's similar to flipping sneakers or concert tickets. It's all just online. You don't need a lot of money but rather the learnings of how the market behaves.
Use Binance Earn
Passive income at its best! Simple Earn allows you to lock up your crypto and earn daily interest -- something like a savings account, but with a much better yield. Staking is all about securing the network and earning rewards for your activity.
Try Launchpool or Launchpad
If you hold Binance Coin (BNB), you can stake it to farm new coins for free through Launchpool. Launchpad is where new projects launch, and if you get in early, the returns can be wild (but risky too — so always read the fine print).
Invite Friends and Earn
Binance Referral Program provides visitors the opportunity to earn one section of commission from the fees paid by a click-on who registers via the invitation link. This would work perfectly if crypto piques your friends' interests, and they'll also earn from it when it becomes a side hustle.
Learn and Earn
I'm not kidding you-Binance is actually paying you to learn. All you do is either watch some short video clips or take some quick quizzes about blockchain stuff, and bam-they drop some tokens into your account. This is perfect for newbies.