The truth about #Binance Square that no one tells you.
Every day someone is posting about the square, always with huge promises and amounts.
But almost no one tells you the truth about it.
I am coming here openly, just to warn you about the reality.
We see people earning 50, 100, 200, 600 dollars a week on #Square , but that is not the reality.
Only those who are lucky enough to hit a good post earn like that, and to reach amounts like 50 dollars, your post would have to have many people clicking on your post and on the symbol $ or the name of the currency at the end of the post to earn something, and something like 1 million dollars that people could buy (who saw your post and clicked on the symbol) and 1 million dollars would only give you 5% of the fee that Binance charges, that is, the fee from Binance for 1 million added together is 750 dollars, but you receive 5% of 750, which is 37.50 dollars yours.
It shows there on the square a 30% commission, but remember, only those with many followers, many people buying, and people clicking on the currency earn 10% and 30% of the commission, and that is extremely difficult to achieve, because less than 50 people are chosen (the top 50).
So being more direct, you only earn 5% from the post, and also if someone clicks on the dollar sign or below the post, which are often cents, or cents of cents.
I thought I could earn something, but honestly it is extremely difficult.
I worked too hard in the last few weeks, and made less than 1.50 dollars.
By the way, I know some may think my posts did not have views, but in reality, I had over 1 million views in 14 days, and earned only 1.26 dollars.
The only way to earn anything is by posting and receiving something from people, and you can be sure, it is extremely difficult.
I have not earned absolutely anything so far.
This is just a rant and the reality for those who want to post on Binance Square.
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