Non-Trading Methods to Profit from Binance
There are several ways to profit from cryptocurrencies without the need for trading:
* Staking: This is the process of freezing your digital currencies in a wallet to support and secure the blockchain network, in return you receive rewards.
* Lending: You can lend your digital currencies to other users through decentralized lending platforms and earn interest on the loan.
* Yield Farming: This is a more complex process that involves placing currencies in liquidity pools to earn rewards.
* Free Coins (Airdrops): Some new projects distribute their coins for free to users to raise awareness of their project.
