In the world of digital finance, Binance has become one of the most popular platforms for trading cryptocurrencies. Many newcomers are interested: how to make their first earnings on Binance? Is it possible without experience, with minimal investments, to earn on this exchange? In this article, we will step by step examine how to do this without unnecessary risks and with maximum efficiency.
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1. What is Binance?
Binance is a global cryptocurrency exchange created in 2017 by Changpeng Zhao (CZ). It offers a wide range of tools:
spot trading (buying-selling cryptocurrencies)
futures
staking
Launchpad for new projects
P2P trading
copy trading
and other financial products
Binance supports over 350 cryptocurrencies and has a mobile app, user-friendly interface, and low fees.
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2. Register on Binance
To get started, you need to:
1. Go to the official website https://www.binance.com or download the Binance app.
2. Register using email or phone number.
3. Complete KYC verification (identity confirmation): passport/ID card + selfie.
4. Enable two-factor authentication (2FA) for account security.
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3. How to deposit funds
After registration, you need to deposit funds. There are several ways:
P2P trading - buying USDT or another cryptocurrency directly from users via PrivatBank or Monobank.
Bank card - quick deposit via Visa/MasterCard.
Cryptocurrency transfer - if you have cryptocurrency in another wallet (for example, Trust Wallet), just transfer it to your Binance wallet.
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4. Options for first earnings
4.1. Spot trading
The simplest way is to buy cryptocurrency cheap and sell it higher. For example:
You buy Bitcoin, Ethereum, or Toncoin when they are 'on a dip'
You wait for the price to rise
You sell and secure profit
> Tip: Use the 'Chart' feature and follow technical indicators (RSI, MACD).
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4.2. P2P arbitrage
You can buy crypto cheap through P2P, and then sell it higher:
Buying USDT for 39.50 UAH
Selling for 39.80 UAH
From each transaction - a small but stable profit
> Cons: speed is needed, trust, market knowledge
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4.3. Launchpool / Launchpad
Binance offers participation in new projects where you stake your coins (for example, BNB) and receive tokens of new projects for free.
This is a very profitable strategy - sometimes these tokens rise 10-100 times after listing.
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4.4. Futures (with caution!)
Binance Futures allows trading with leverage (for example, x5 or x10). This potentially allows you to earn a lot in a short time, but there is a high risk.
> ❗ Newcomers are not recommended to start with futures without training!
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4.5. Earn products
Binance offers deposit products with fixed or flexible income:
Staking
Flexible Savings
Auto-Invest
These are safe options for passive income.
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5. Example of real first earnings
Here is an example scenario for a beginner:
1. You deposit 1000 UAH through P2P
2. You buy 25 USDT
3. You buy Toncoin at 6.5 USDT
4. After 3 days, Toncoin rose to 7.1 USDT
5. You sell and secure 10% profit
Your net profit: 2.5 USDT (~100 UAH), with minimal risks.
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6. Risks and how to avoid them
High volatility - prices can sharply fall or rise
Scams - do not fall for fraudsters on Telegram, YouTube
Non-withdrawal of funds - avoid unofficial services
Futures - you can quickly lose all funds
What to do?
Learn at Binance Academy
Start with small amounts
Use demo accounts
Do not risk all your money at once
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7. How to withdraw profit
After you have earned your first amount:
1. You sell cryptocurrency for hryvnias on P2P
2. You receive money on your card
3. That's it - your first income from Binance in your pocket!
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Conclusion
The first earnings on Binance are real and achievable, even if you have never dealt with cryptocurrency. The main thing is not to rush, learn, try, and maintain financial discipline. The crypto market is like a wave: you need to learn to catch it, not fight against it.
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Bonus: Useful resources
📘 Binance Academy - free education
📊 CoinMarketCap - tracking prices
🔐 Tr
ust Wallet - cryptocurrency storage
🧠 TradingView - chart analysis
💬 Ukrainian communities on Telegram: search for 'Binance UA' or 'Crypto UA'