In this article, we explain 7 reliable ways to generate continuous income from your digital assets on the #Binance platform without the need for daily trading.

1. Cryptocurrency Staking

Staking is one of the most popular ways to generate passive income in crypto, where you lock your coins in a network that relies on a Proof of Stake mechanism, in exchange for periodic rewards.

Supporting currencies: $ETH , $ADA, $SOL , $DOT and others.

Approximate return: Between 4% to 15% and sometimes more depending on the currency and lock-up period.

2. Yield-generating accounts (#flexibleearnings )

Some platforms like #Binance offer a service for depositing cryptocurrencies in flexible accounts that generate daily returns.

The advantage here is that you can withdraw at any time, giving you complete freedom and flexibility.

Example: Deposit USDT or $BNB in a flexible account, and earn daily income automatically.

You can participate in this service through the Binance platform by following these steps.

- From the main page of Binance, go to the services menu.

- Select the Simple Earn option from the menu as shown in the image above, choose the currency you want to subscribe to and start.

3. Locked Staking

Unlike flexible accounts, you can lock your coins for a specific period (such as 30 or 90 days) in exchange for higher returns.

The longer the lock-up period, the higher the return.

Note: Make sure you won't need the coins during the lock-up period to avoid any losses due to market fluctuations.

4. Cryptocurrency Lending

You can lend your digital coins to other users through DeFi or CeFi platforms for a fixed interest.

Popular platforms: Aave, Compound, Nexo, Binance.

Return: Ranges from 5% to 20% depending on the currency and demand.

5. Liquidity Providing

In decentralized finance (DeFi) protocols, you can provide liquidity for trading pairs like ETH/USDT and earn a portion of the trading fees.

Warning: Be cautious of impermanent loss during price fluctuations.

Platforms: Uniswap, PancakeSwap, SushiSwap.

6. Holding coins that distribute profits (Airdrops & Reflections)

Some projects distribute additional coins just for holding a certain coin in your wallet.

For example, some BSC coins automatically distribute BNB or additional coins periodically.

Condition: Holding in an eligible wallet or supporting platform.

7. Participating in reward and task programs (Tasks & Learn-to-Earn)

Some platforms like Binance offer rewards for completing simple tasks such as watching educational videos or answering questions.

The result? Profits without risk or great effort.

Summary

Generating passive income from cryptocurrencies has become easier than ever, without the need to risk trading.

But it is important to choose the method that suits your needs and level of experience.