Track minor short-term fluctuations in rates within Binance. If you see that a certain cryptocurrency has temporarily decreased slightly in value relative to another, you can buy it with one currency and quickly convert it back when the rate recovers slightly.
* Risks: This method is speculative and requires constant market monitoring. There is no guarantee that the rate will return to its previous level, and you may lose part of your funds.
3. Conversion of small balances:
* Essence: Binance allows you to convert small balances of various cryptocurrencies into BNB (Binance Coin). If you have small amounts of different coins that are too small for trading, you can convert them into BNB, which may be more useful for paying fees on Binance or for other purposes. This is not direct earnings, but a way to optimize your assets.
4. Periodic conversion (DCA-like approach):
* Essence: You can set up periodic conversions of a certain amount of one cryptocurrency into another at specified intervals (for example, daily, weekly). This is similar to the Dollar-Cost Averaging (DCA) strategy used to reduce the impact of volatility associated with the risk of losing funds#CryptoCPIWatch $KSM
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