Are you new to the world of cryptocurrency and looking for ways to earn extra income safely and leisurely? Binance, the world's leading cryptocurrency exchange, is not only a place for you to buy and sell, but also provides many tools to help you earn passive income effectively.

This article will "reveal" the 5 simplest ways for you to start your journey of passive income on Binance today, even if you don't have much experience.

1. Flexible Savings on Binance Earn: Idle Money Makes Money!

This is the easiest and safest way to start earning passive income on Binance. Similar to a bank savings account, you deposit your idle crypto into Binance and earn daily interest.

❣️Advantages:

* High Flexibility: Deposit and withdraw funds anytime you want.

* Low risk: No complex trading required, less affected by short-term price fluctuations.

* Stable Interest: Get daily interest directly to your wallet.

* Asset diversity: Supports many popular cryptocurrencies such as $USDT, $USDC, $BTC, $ETH, $BNB...

✅ How to do:

* Log in to your Binance account.

* Select Earn on the navigation bar.

* Select Savings.

* Go to Flexible Savings.

* Select the cryptocurrency you want to deposit and click Sign Up.

* Enter the amount you want to send and confirm.

2. Staking on Binance Earn: "Lock" Coins to Receive Attractive Rewards!

Staking is the process of "locking" a certain amount of cryptocurrency for a period of time to support the operation of the blockchain network (e.g. validating transactions). In return, you will receive a reward of the corresponding amount of coins.

❣️Advantages:

* Interest rates are usually higher than Flexible Savings.

* Supports many cryptocurrencies, especially coins from Proof-of-Stake (PoS) projects.

* Contribute to the security and maintenance of the blockchain network.

* Types of Staking:

* Flexible Staking: Similar to Flexible Savings, you can withdraw coins at any time but the interest rate is usually lower.

* Locked Staking: You lock coins for a certain period of time (eg 30 days, 60 days, 90 days...) to receive higher interest. However, you will not be able to withdraw coins before the deadline.

✅How to do:

* Log in to your Binance account.

* Select Earn on the navigation bar.

* Select Staking.

* Select the cryptocurrency you want to Stake.

* Review Flexible and Fixed Staking plans, compare interest rates and lock-up periods.

* Select the appropriate package, enter quantity and confirm.

3. Join Launchpool/Launchpad: Get new Tokens for free or at a discounted price

Binance Launchpool and Launchpad are platforms that help launch new blockchain projects. Users can participate by locking up BNB or some other cryptocurrency to get new tokens for free (Launchpool) or buy tokens of early-stage projects at a discounted price (Launchpad).

❣️Advantages:

* Opportunity to receive tokens of potential projects very early.

* Launchpool allows you to earn new tokens without investing additional capital (just lock up existing coins).

* Launchpad offers the opportunity to buy tokens at a price lower than the listed price.

✅How to do:

* Log in to your Binance account.

* Select Launchpad & Launchpool on the navigation bar (or find it under Earn).

* View ongoing or upcoming projects.

* For Launchpool: Select the pool you want to join (usually BNB or stablecoins), click Stake, enter the amount and confirm.

* For Launchpad: Read carefully the project information, participation conditions and follow the instructions to register to buy tokens within the specified time.

4. Use Binance Auto-Invest: "Automate" your Crypto accumulation!

Binance Auto-Invest is a tool that helps you automatically buy cryptocurrencies on a preset schedule (daily, weekly, monthly) with the amount you set. This is an effective form of Dollar-Cost Averaging (DCA).

❣️Advantages (although not "making money" directly, but helps increase the amount of assets over time):

* Simplify the investment process: No need to constantly monitor the market to buy.

* Minimize the risk of buying at the "peak": By buying regularly, you average out your purchase price over time.

* Investment discipline: Helps you maintain the habit of accumulating assets regularly.

✅How to do:

* Log in to your Binance account.

* Select Earn on the navigation bar.

* Select Auto-Invest.

* Click Create Plan.

* Select the cryptocurrency you want to buy, the amount of recurring investment and the frequency of purchase.

* Confirm and activate the plan.

5. Join Binance Affiliate Program: Share and Earn Commissions!

If you have a community or network of friends interested in crypto, you can join Binance's affiliate marketing program. When someone signs up and trades on Binance through your referral link, you will receive a commission.

❣️Advantages:

* No initial investment required.

* Opportunity to earn passive income based on the activities of your referrals.

* Binance provides tools and support materials for affiliates.

✅How to do:

* Log in to your Binance account.

* Go to Affiliate Program (usually at the bottom of the page or in the account section).

* Sign up for the program and create your referral link.

* Share this link with your friends and community.

💡Important advice for beginners:

* Start with the simplest ways: Flexible Savings and Staking are great options to get familiar with.

* Learn carefully before participating: Read and understand clearly the mechanism, risks and profits of each product.

* Start small: Don't risk money you can't afford to lose.

* Always prioritize security: Enable two-factor authentication (2FA) and be careful with your account information.

* Learn and comply with Vietnamese laws on cryptocurrency investment.

⚠️Disclaimer: This content is for informational purposes only and should not be considered financial advice, investment advice, or any other type of advice. Investing in cryptocurrencies carries a high level of risk and you may lose your invested capital. Always do your own research (DYOR) and consult a financial professional before making any investment decisions. The views expressed in this article are solely those of the author and do not necessarily reflect the views of Binance Square.

✌️Hopefully this article will be a useful guide to help you start your journey of passive income on Binance confidently and safely. Good luck!

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