Here are the best ideas for generating daily income using the Binance platform, arranged by level of experience and risk:
1. Trading (Spot Trading and Futures)
Potential profit: High, but with significant risk.
How it works:
Buy coins at a low price and sell them at a higher price.
Or use leverage in the futures market.
Suitable for? Experienced traders, market followers, those able to manage risks.
2. Automated Trading (Trading Bots / Grid Trading)
Potential profit: Low to medium, less risk than manual trading.
How it works: Set up a bot that buys and sells automatically within a price range.
Suitable for? Beginners who don't have the time or sufficient experience.
3. Staking
Potential profit: Fixed daily income, with low risk.
How it works: Lock certain coins (like BNB or ADA) in exchange for daily returns.
Types:
Locked Staking: Higher returns but funds are locked for a period.
Flexible Staking: Withdraw funds at any time, with lower returns.
4. Launchpool / Launchpad
Potential profit: Medium to high.
How it works:
Freeze your coins (like BNB or FDUSD) to receive new coins for free when new projects launch.
Your profits come from selling these new coins after they are distributed.
Suitable for? Those who own BNB or stablecoins and don’t mind locking them for a specific number of days.
5. Binance Earn (Flexible Savings)
Potential profit: Low, but safe and easy.
How it works: Deposit coins in daily/flexible saving programs, and receive daily interest.
Example: Deposit USDT or BUSD in a savings account that gives you 1-5% annually.
6. Arbitrage
Potential profit: Medium to high.
How it works: Buy the currency from one market at a low price and sell it in another market at a higher price.
Risks: Depends on speed and techniques, and sometimes fees reduce profit.
Important tips:
Never invest money you can't afford to lose.
Use tools like Stop Loss to protect your capital.
Keep up with market news, new projects, and Binance updates continuously.