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Making money on Binance involves various strategies, from trading cryptocurrencies to earning passive income.
# **1. Spot Trading (Buy Low, Sell High)**
- Buy cryptocurrencies at a low price and sell them when their value increases.
- Use **Binance Spot Market** to trade popular pairs like BTC/USDT, ETH/USDT, etc.
- **Tips:**
- Follow market trends and news.
- Use **Technical Analysis (TA)** and **Fundamental Analysis (FA)**.
- Start with small amounts to minimize risk.
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### **2. Futures Trading (Leverage Trading)**
- Trade with leverage (up to 125x on Binance) to amplify profits (and risks).
- **Long (Buy)** if you expect prices to rise.
- **Short (Sell)** if you expect prices to fall.
- **Tips:**
- Use **Stop-Loss** to limit losses.
- Avoid over-leveraging to prevent liquidation.
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### **3. Staking & Earn Passive Income**
- Lock your crypto to earn interest.
- **Options:**
- **Locked Staking** (Fixed terms, higher APY).
- **Dual Investment** (Earn yields by predicting price movements).
- **Best Coins for Staking:** BNB, ADA, DOT, SOL, ETH.
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### **4. Binance Launchpad & Launchpool**
- **Launchpad:** Buy new tokens early via IEOs (Initial Exchange Offerings).
- **Launchpool:** Stake BNB or other tokens to farm new project tokens for free.
- **Tips:**
- Hold BNB to participate in most launches.
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### **5. Binance Savings & Lending**
- Earn interest by lending your crypto.
- **Options:**
- **Flexible Savings** (Withdraw anytime, lower interest).
- **Fixed Savings** (Higher APY, locked period).
- **Best for:** Stablecoins (USDT, USDC, BUSD).
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### **6. Binance Affiliate Program (Refer & Earn)**
- Earn **20-40% commission** on trading fees from referred users.
- **How?** Share your referral link or code.
- **Bonus:** Some promotions offer extra rewards.
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### **7. Binance Pay & Cashback**
- Use **Binance Card** to spend crypto and earn cashback (up to 8% in BNB).
