WC Nelson
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WC Nelson
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Publications
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Article
Here's a quick breakdown of the main ways to earn on Binance1. Spot Trading
What it is: Buy crypto at one price, sell when it goes up.
Basic "buy low, sell high."
Risk: Medium to high. Prices are volatile.
Best for: People who want to actively trade and can watch the market.
Example: Buy BTC at $60k, sell at $65k = $5k profit minus fees.
1 . Spot Trading Illustration
How it works: You buy a coin at market price and hold until it increases, then sell. No leverage.
Minimum to start: ~$1 worth, but $10+ makes sense with fees.
Fees: 0.1% per trade, or 0.075% if you pay fees with BNB.
Risk level: Medium-High. You only lose if you sell at a loss.
How to start: Go to *Trade > Spot*, pick a pair like BTC/USDT, place a "Limit" or "Market" order. That's It
#Binance
#BinanceEarn
Here's a quick breakdown of the main ways to earn on Binance
1. Spot Trading
What it is: Buy crypto at one price, sell when it goes up.
Basic "buy low, sell high."
Risk: Medium to high. Prices are volatile.
Best for: People who want to actively trade and can watch the market.
Example: Buy BTC at $60k, sell at $65k = $5k profit minus fees.
1 . Spot Trading Illustration
How it works: You buy a coin at market price and hold until it increases, then sell. No leverage.
Minimum to start: ~$1 worth, but $10+ makes sense with fees.
Fees: 0.1% per trade, or 0.075% if you pay fees with BNB.
Risk level: Medium-High. You only lose if you sell at a loss.
How to start: Go to *Trade > Spot*, pick a pair like BTC/USDT, place a "Limit" or "Market" order. That's It
#Binance
#BinanceEarn
What it is: Buy crypto at one price, sell when it goes up.
Basic "buy low, sell high."
Risk: Medium to high. Prices are volatile.
Best for: People who want to actively trade and can watch the market.
Example: Buy BTC at $60k, sell at $65k = $5k profit minus fees.
1 . Spot Trading Illustration
How it works: You buy a coin at market price and hold until it increases, then sell. No leverage.
Minimum to start: ~$1 worth, but $10+ makes sense with fees.
Fees: 0.1% per trade, or 0.075% if you pay fees with BNB.
Risk level: Medium-High. You only lose if you sell at a loss.
How to start: Go to *Trade > Spot*, pick a pair like BTC/USDT, place a "Limit" or "Market" order. That's It
#Binance
#BinanceEarn
90
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