Did you know that Binance is not just about trading? There are many ways you can make your money work for you daily, without needing to spend hours in front of the screen or constantly monitoring the market. Here’s a complete guide to the smart ways you can rely on to achieve passive income on Binance. 👇
1️⃣ Staking
Staking is simply putting your digital coins in a Binance wallet to secure a specific network or support blockchain protocols, in exchange for a fixed or variable return.
Features: Daily or monthly return, simple and does not require much experience.
Example: Staking BNB or ETH for a specified period can yield returns ranging from 4% to 20% depending on the coin and the period.
2️⃣ Launchpool
The Launchpool platform allows you to stake your coins to earn new coins for free. All you have to do is place the supported coins in the project's policy, and you will receive rewards in the form of the project's coins.
Features: Opportunity to acquire emerging coins before they are listed on the market, which may increase your profits when trading later.
3️⃣ Flexible Savings
Binance offers you a flexible savings option, where you put your money into saving products and earn daily profits with the ability to withdraw at any time.
Features: High flexibility, daily profits, can start with any small amount.
Example: Placing USDT or BUSD in flexible savings could give you an annual return of about 8%, with profits collected daily.
4️⃣ Binance Earn
Binance Earn products are a set of investment options that offer you guaranteed or variable returns depending on the product.
Features: Relatively safe investment, various options between high and fixed or variable returns.
Example: You can choose a product with a fixed return like 'Locked Staking' or products with a variable return like 'DeFi Staking'.
5️⃣ Binance Card
Using the Binance card, you can pay like any traditional bank card, with a great feature: Cashback in BNB for every purchase.
Features: Automatic profits when paying, continuously getting a portion of your purchases back.
6️⃣ Watch2Earn
With the Watch2Earn feature, you can watch educational content or specific videos and earn rewards in the form of digital coins.
Features: Learn and earn money at the same time, fun and easy for anyone.
7️⃣ Referral Earnings
If you have friends or acquaintances interested in cryptocurrencies, you can invite them to join Binance using your referral link. The more they trade or benefit from the services, the more commissions you earn.
Features: Continuous income from the activities of others, an excellent way to increase your profits without daily effort.
8️⃣ Daily Tasks and Rewards
Binance offers simple daily tasks that you can accomplish to earn rewards and bonuses. These tasks may include:
Complete account verification
Participating in surveys
Watch educational content
Features: A fun and easy way to earn additional rewards daily.
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✨ Summary
Binance provides you with more than one way to make your money work for you. Whether you are looking for a steady daily income or investment opportunities and new coins, you will always find an option that suits you. All you have to do is start and take advantage of these smart services. 🚀
❓ Question for you: Which method do you think is best to start with today?