Warning: ⚠️ This article contains only my personal experience and does not imply you should acquire the same results. Please do your own research ⚠️
I always make sure i have at least 50% of my crypto portfolio in $BNB on #Binance and for good reasons.
Having a big portion of Binance coin made me outperform my own regular trading results. And i call myself a good trader!
Aside from making profit out of price surge this and last year out of Binance coin, i also found a treasure in the form of side rewards just by having BNB. But this would not have been possible if it were not for the WEB3 wallet of Binance!
And as I don't like general talk especially when it comes to profit discussions, let me give you steps on what i do to make $30+ out of my BNB in a web3 wallet every few days/weeks:
1- Transfer a significant amount of BNB from the exchange to the Binance web3 wallet of Binance by using the WITHDRAW function in your spot tab.
2- Participate in every single airdrop on Binance web3 if you can. I can't believe how people don't see the insane pitential of this treasure nest. The more you join, the more money you find in your wallet after a few days/weeks
3- Most airdrops will cost you onchain fees in BNB, that's why you will need it!
4- If the airdrop is on another chain like $ETH or $SOL etc, no worries, the BRIDGE function in your web3 wallet will help you get that chain coin. e.g, BNB -> ETH
5- when you participate in a new airdrop, go hard, the more you engage, the more the rewards, except for equal-distribution reward airdrops which are the easiest to perform.
6- Some airdrops are even free all around. I had days when i made a dozen dollars out of a few Twitter likes and reposts. Zero risk!
7- Joining airdrops on other chains is a very good learning experience as well.
8- Having to bridge to other chains teaches you alot too. Increases your blockchain knowledge while you work your way to decent rewards.
9- Some airdrops involve playing new games, which can surprisingly be very enjoyable and rewarding, both mentally and financially. Double joy 😊
10- You can get rewards that you won't be able to find in the exchange EARN center, for example, i got a .BTC domain name for free. Needless to say i was bragging about it every now and then 😅
11- Best thing is that you don't have to be a whale to make money, sometimes a small amount of BNB for fees can get you 30+ bucks easy dpending on the airdrop provider.
12- It's easy to miss some airdrops every now and then. Try hard not to, some airdrops are more rewarding than others, so you never know which was the jackpot!
13- Maintain the strategy of "throw alot of darts until one of them pins in the middle" 🎯. Many airdrops yield many new coins and some of them gets really expensive later. For example, i got ALOT of money out of #RDNT .
14- Always cashout some of the profit to #USDT . Don't marry a coin unless you need it for fees or for re-investing.
15- Always backup your web3 wallet every month. Binance makes it easy.
16- Optional: Withdraw some of your cashed out dollars to your exchange account (only if you're going to use it for trading, like I do 😉).
