Binance has designed several ways for $BNB holders to earn passive income, offering a variety of benefits that go beyond simply holding the token. By utilizing features like trading fee discounts, token airdrops, and investment opportunities through Binance’s Simple Earn and other platforms, BNB holders can generate substantial returns. Here's how you can maximize your BNB holdings for rewards.

1. Trading Fee Discounts

One of the most immediate benefits of holding BNB is the ability to save on trading fees. By using BNB to pay for transaction fees on the Binance platform, holders can save up to:

  • 25% on Spot/Margin Trading Fees: For regular users trading on Binance’s spot or margin markets, paying with BNB can result in a significant discount, reducing transaction costs.

  • 10% on Futures Trading Fees: Futures traders can also take advantage of a 10% discount by paying their fees with BNB, enhancing their profit potential by minimizing operational costs.

These fee reductions are available as long as you hold BNB and choose it as your preferred payment method for fees.

2. Token Airdrops

BNB holders are automatically qualified for various airdrop events when they participate in Binance’s Simple Earn platform. The airdrops provide an excellent opportunity to receive free tokens from upcoming projects or even historical snapshots of certain tokens. There are three main types of airdrops available:

  • Launchpool: Get early access to new tokens from upcoming projects through Binance Launchpool. By staking BNB in a Launchpool project, you can earn newly launched tokens as rewards.

  • HODLer Airdrops: These airdrops are based on your historical BNB holdings. By using BNB in the Simple Earn platform, either in fixed or flexible savings products, you qualify for these airdrops without having to take any additional action. Binance randomly snapshots your BNB holdings and rewards you with tokens based on the amount of BNB you hold at those moments.

  • Megadrop: Boost your rewards by participating with your Web3 wallet. These airdrops are designed for users who engage with the platform actively, especially those utilizing Binance’s Web3 wallet for liquidity and staking activities.

3. Simple Earn with BNB

Binance offers a wide range of products under its Simple Earn platform where you can earn rewards by subscribing with BNB. There are fixed and flexible options available, which allow you to choose how long you wish to lock your assets for and the potential returns you can generate from them.

  • Flexible Products: You can earn rewards without locking your BNB, providing you with liquidity and flexibility.

  • Fixed Products: If you're willing to lock up your BNB for a set period, you can earn higher returns, depending on the terms of the product.

The interest earned through Simple Earn can be added to your overall portfolio, and BNB holders can reinvest the rewards for even more earnings.

How to Get Started:

  1. Navigate to the Finance Page: Visit Binance’s finance section and search for BNB products.

  2. Use BNB in Simple Earn: Subscribe to the different flexible and fixed savings products that suit your preferences.

  3. Wait for Snapshot: Binance will take multiple snapshots of your holdings, and you’ll be eligible for airdrop rewards as part of the HODLer airdrop or Launchpool events.

  4. Receive Rewards: Rewards will be deposited into your spot wallet after the airdrop event ends.

HODLer Airdrops

The HODLer Airdrops program is particularly beneficial for those who prefer a hands-off approach to earning rewards. By holding BNB and using it to subscribe to Binance's Simple Earn products (such as fixed or flexible savings), you automatically qualify for HODLer airdrops.

How It Works:

  • BNB Snapshots: Binance takes multiple snapshots of your BNB holdings every hour, calculating the average balance you maintain across different products.

  • Reward Calculation: After the snapshot is taken, Binance calculates the reward based on your average BNB balance in Simple Earn products, and rewards are distributed after the airdrop is announced.

  • Automatic Participation: Once your BNB is staked in Simple Earn, you're automatically eligible for these rewards, without needing to actively monitor the platform.

By using BNB in this way, you can earn tokens simply by holding and allowing your assets to remain in Binance’s savings products.