Ways to profit on Binance: 10 different methods.
Binance offers several ways to profit from cryptocurrencies, whether by deposit or not. Here are the main methods briefly.
1. Spot Trading: Buying and selling cryptocurrencies at the current market price, with low fees (0.1%). Suitable for beginners.
2. Futures Trading: Betting on future currency prices with leverage up to 125x, but it is high risk.
3. Auto-Invest: Periodic investment in currencies like BTC and ETH automatically to reduce risks with market fluctuations.
4. Staking: Freezing currencies (like BNB or ETH) to support blockchain networks and earn returns of up to 5.27% annually.
5. Simple Earn: Deposit currencies in flexible or fixed products to earn daily or weekly returns with low risks.
6. Launchpool: Staking coins like BNB to receive new tokens for free from new projects.
7. Referral Program: Invite friends to register and trade using your link to earn commissions on their fees.
8. Learn and Earn: Watch educational videos and answer surveys to earn free coins.
9. Cloud Mining: Renting mining power to mine coins like Bitcoin without hardware.
10. Red Packets: Claim free coins through promotional codes via Binance campaigns.
