Earn $16 to $17 Daily on Binance: A Complete Guide for Beginners💰

Earn $16 to $17 Daily on Binance: A Complete Guide for Beginners💰🤑

Binance is one of the most popular cryptocurrency trading platforms, offering various ways to earn passive income or achieve daily profits. If you're new to the world of cryptocurrencies, this guide will help you understand how to earn between $16 and $17 daily using different methods on Binance.

1. Spot Trading (buying low and selling high)

How it works:

Spot trading is the simplest way to make money on the Binance platform. You buy a cryptocurrency at a low price and sell it when its price rises.

Steps to achieve daily profits:

Choose a volatile coin: Select coins that have frequent price movements (for example, Sol, BNB, Dogecoin, or PEPE).

Create a trading plan: Buy during market dips and sell when the price increases by at least 2-5%.

Start with a small investment: Begin with $100-$200 and aim for small, consistent profits. Earning 5% on $300 equals $15 daily.

Monitor market trends: Use TradingView charts and Binance indicators to make better decisions.

✅Pros: Easy for beginners, high liquidity.

Cons: Requires market knowledge, potential losses in a downtrend.