HOW TO MAKE MONEY ON
BINANCE FOR BEGINNERS
1. Buy and Hold (HODL)
· What it is: Buy cryptocurrencies with
potential for growth (like Bitcoin or
Ethereum) and hold them long-term.
. How to do it on Binance:
1. Go to the Spot market.
2. Buy a coin with fiat money or
stablecoins (like USDT).
3. Leave them in your wallet or transfer
them to a secure wallet.
· Benefit: Ideal for those who do not want
to complicate themselves with daily trading.
2. Staking or Flexible Savings
· What it is: Earn passive interest
by locking your cryptocurrencies for a
period.
· How to do it on Binance:
1. Go to Earn > Simple Earn.
2. Choose a coin like USDT, BNB or
ETH.
3. Select the type of savings (flexible or
fixed) and deposit.
And your funds generate returns
automatically.
3. Basic Trading (Spot Trading)
· What it is: Buy cryptocurrencies at a low
price and sell them when they go up.
· How to do it on Binance:
1. Learn to use market and limit orders.
2. Buy coins with volume and good
history, like BTC OR ADA.
4. Participate in Launchpad or
· What it is: Invest in new projects and
earn free or discounted tokens.
· How to do it on Binance:
1. Go to the Earn > Launchpad section.
2. Use BNB or BUSD to participate in
launch projects.
· Benefit: Many new tokens
experience a value increase when they hit
the market.
5. Avoid Excessive Risks
· Do not use leverage until you have
experience.
