On Binance, it is possible to earn cryptocurrencies for free and with little effort by using various features and programs. Here are the main methods:
1. Binance "Learn & Earn"
This is one of the most direct and simplest methods for beginners.
* How it works: Binance Academy offers courses on blockchain and cryptocurrencies. After completing a course, you take a quiz. By answering correctly, you are rewarded with cryptos.
* Effort required: Low. You just need to read or watch the educational content and take a short quiz. Rewards are distributed after passing the test.
2. Binance Earn / Simple Earn
This feature allows you to generate passive income on your existing cryptocurrencies, somewhat like interest on a savings account.
* How it works:
* Simple Earn (flexible products): You deposit your cryptos and start earning rewards. You can withdraw them at any time, offering great flexibility.
* Simple Earn (locked products): You lock your funds for a fixed period (for example, 30, 60, or 90 days). In exchange for this lock, interest rates are generally higher.
* Effort required: Once your funds are deposited, the effort is zero. The 'Auto-Subscribe' option even allows you to automatically transfer unused funds from your Spot wallet to a flexible product, maximizing gains without any manual intervention.
3. Binance Launchpool
If you hold certain cryptocurrencies like BNB or stablecoins, you can 'stake' them to earn new tokens launched on the platform.
* How it works: Binance announces new projects and users can lock their BNB or other cryptos in liquidity pools to 'mine' new tokens.
* Effort required: You simply need to lock your funds in the Launchpool during the mining period. Rewards are generated automatically.
Other possible methods
* Airdrops and promotional campaigns: Binance regularly organizes events, lotteries, or airdrops for its users. You need to pay attention to official announcements to participate.
* Referral: Binance's referral program allows you to earn a commission on transaction fees from friends you invite to the platform. It's a passive method once the referred person starts trading.
