How to Make Money with Binance: A Complete Guide to Earning Through Referrals and Investment
If you are looking for ways to make money with cryptocurrencies without being an expert, Binance offers a great opportunity.
In this article, I will share my personal experience, how I have been investing progressively, and how you can combine referrals + investment to build a strong portfolio over time.
1. What is the Binance Referral Program and How Much Can You Earn?
Binance allows you to invite people to the platform through a personalized link. Every time one of your referrals trades on Binance, you earn a percentage of the fees they pay on their transactions.
The commission can be up to 50% of what your referrals generate, which means:
If you have 10 active referrals and each one generates $100 in trading fees per month, you could earn $500 per month without doing anything extra.
If you manage to get 50 or more active referrals, you could be earning $2,000 or more every month passively.
The best part is that Binance pays these commissions in real time, allowing you to reinvest them and grow your portfolio.
2. How I Have Been Gradually Investing in Cryptocurrencies
When I started on Binance, my goal was not just to earn money through referrals, but also to build an investment portfolio without having to risk large amounts of money upfront.
My Progressive Investment Strategy
I started with small amounts: At first, I only invested $50 per month, buying cryptocurrencies with growth potential.
Reinvesting earnings: I reinvested all the money I earned from Binance referrals into cryptocurrencies instead of withdrawing it.
Using DCA (Dollar-Cost Averaging): Instead of buying all at once, I made periodic purchases (weekly or monthly) to reduce the impact of market volatility.
Diversification: I didn’t put all my money into one cryptocurrency. I built a portfolio with Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and some promising altcoins.$BTC $BNB
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