$ETH Is it possible to benefit from financing?

Obtaining benefits from financing on the Binance platform is not as straightforward as with Binance Earn products, but it is possible if used correctly in strategies such as trading or smart transfers. Here are ways that can help you gain profits:

1. Trading through financing (P2P):

The Funding Wallet section is used for peer-to-peer (P2P) trading.

How to earn:

Buy cryptocurrencies at low prices on the counter (P2P) and then sell them on other platforms or markets at a different price.

Exploit price differences between coins or local markets.

Example: buy USDT at a low price in the local market and then sell it at a higher price.

2. International transfers:

The Finance Wallet can be used to make international money transfers more economical and faster compared to traditional banks.

How to earn:

Provide money transfer services to customers in exchange for a fee.

Example: transferring money from a person in a particular country to another at a competitive rate.

3. Combined financing strategies with spot trading:

You can use the funds from the Funding Wallet to conduct trades in the Spot section or even futures contracts.

Profits come from trading digital currencies and price fluctuations.

4. Earn commissions as a P2P broker:

If you act as an intermediary between P2P buyers and sellers, you can earn small commissions for facilitating transactions.

Is profit guaranteed?

Profits depend on your strategy and understanding of the market.