Great question! Now that you've deposited funds (₨4500 PKR worth of USDT) into Binance, here are a few beginner-friendly ways you can start earning money. Be aware that some methods involve risk, so always do your research and start small.
🔹 1. Spot Trading (Buying & Selling Coins)
You can buy cryptocurrencies (like BTC, ETH, etc.) and sell them later at a higher price.
Requires watching the market and understanding price movements.
Example:
Buy Bitcoin when it's low, and sell when it's high.
Tip: Start with small trades to learn.
🔹 2. Binance Earn (Low-Risk Option)
This is like putting your crypto in a savings account.
Go to "Earn" > Simple Earn on Binance.
Choose a coin (like USDT or BUSD) and subscribe.
You’ll earn daily interest.
Good for beginners and less risky than trading.
🔹 3. P2P Trading (Buy/Sell Crypto for PKR)
You can buy crypto when it's cheap and sell it on Binance P2P for profit.
Works well if you're good at spotting local price differences.
Note: This requires understanding how P2P works and avoiding scams.
🔹 4. Auto-Invest
Set up automatic investing in coins like BTC or ETH.
Helps you build wealth over time with a small amount regularly.
🔹 5. Futures Trading (Advanced & Risky)
You can make money fast, but you can also lose your money very quickly.
Not recommended for beginners.
🔹 Tips for You
📚 Learn First: Use Binance Academy (academy.binance.com) to learn free.
💰 Start Small: Don’t invest more than you can afford to lose.
🔐 Stay Safe: Always turn on 2FA security.