#How to Earn Money from Binance: A Beginner's Guide**
Binance is one of the largest and most popular cryptocurrency exchanges in the world. With its wide range of features and tools, users can not only trade but also earn passive income in several ways. If you're wondering how to earn from Binance, this guide will break it down in simple terms.
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## **1. Spot Trading**
**Spot trading** is the most basic way to earn on Binance. You buy a cryptocurrency at a low price and sell it when the price goes up.
- **How it works:**
- Buy Bitcoin, Ethereum, or any altcoin using USDT or other stablecoins.
- Wait for the price to rise.
- Sell at a profit.
**Tip:** Use basic technical analysis or signals to increase your chances of success.
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## **2. Binance Earn (Staking & Savings)**
Binance Earn is a platform within Binance where you can grow your crypto holdings passively.
### **Options include:**
- **Flexible Savings:** Earn interest by depositing idle crypto. You can withdraw anytime.
- **Locked Staking:** Lock your coins (e.g., ETH, ADA) for a set time to earn higher rewards.
- **Launchpool:** Stake tokens to earn new tokens for free (e.g., during project launches).
**Tip:** Ideal for long-term holders.
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## **3. Futures Trading (High Risk, High Reward)**
Binance offers **Futures trading**, where you can bet on the price of crypto going up or down using leverage (borrowed money).
- **Benefits:** Potential for massive profits.
- **Risks:** You can also lose your capital quickly if the market moves against you.
**Tip:** Only use this if you understand risk management and have trading experience.
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## **4. Binance P2P (Peer-to-Peer Trading)**
Binance P2P allows users to buy and sell crypto directly with other users using local payment methods.
- **How to earn:**
- Become a merchant and earn by setting your own buying/selling prices.
- Take advantage of market price differences.
**Tip:** Ensure you trade with verified users and avoid scams.