Yes making #$100 in one day using Binance is possible, but rememberāit's not guraanteed and comes with risk. Binance give you different ways to earn like trading, staking, and airdrops. Let's break down a few method beginners can actually try.
ā 1. Day Trading - Quick Buy and Sell
This means buying and selling crypto like BTC or ETH with in the same day.
Pic coins with high movement like $BTC, ETH or hot altcoins.
Use Binance Spot Trading to enter at low price and exit higher price.
Use technical indicators like RSI or MACD to find at good entries.
Example: Trade with $1,000 and catch a 10% price move= $100 gain ( before fees)
ā ļø Be carefulāprice moves fast. Always use a stop- loss to limit your losses.
š2. Future Trading-High Risk, Big Reward
Future let you trade with leverage, meaning you can multiply your (gains and losses).
Activate Futures and pass the beginner quiz.
Use small leverage like 5x or 10Xx(not 20x or more if you're new).
Set entry price, Take profit, and stop-loss before trading.
š§ Example with just $100, using 10x leverage, a 10% move in your direction = $100 profit.
ā ļø But if it goes against youāyou can lose it all (get liquidated)
š3.Spot Arbitrage - Take Advantage of Price Gaps
This is about buying low in one market and selling higher in another.
Check price difference between Binance Spot and P2P market or other exchanges.
Move fast and grab the small profits before prices adjust.
šRequire quick action and something big capital for small gainsābut it adds up.
šŖ 4. Binance Earn -low, Risk Long -Term Growth
Not great for quick $ 100, but good for passive income.
Opinion include Savings, Staking, or launchpool.
Annual returns are around 5-15%, depending on the coin and product.
š” You can combine this with Trading: grow your capital slowly will learning the market.
š5. Airdrops & Event ā free crypto for task
Check Binance's Reward centre for bonuses and promo event.
Complete task (like trading $500 for a coin) and get reward like $10 ā $100.
Sometime aerotrop give you free for holding or using Binance services.
š² Stay active and check your app oftenāyou might get lucky.
š Final Advise For Earning Daily
ā Don't rely on luckāstick to a plan.
šUse stop loss to protect your money
š§ŖPractice with small traders or demo trading.
šļøStay updated with market news and coin trend.
šøNever invest more than you're willing to lose.
Thank you