Ludwin Rodríguez

Investing in cryptocurrencies may seem like a distant goal if you haven't generated your first dollar yet. But the truth is that taking that first step is more achievable than you think. In this article, I will show you how to get your first dollar with a focus on using it within Binance, one of the largest and most reliable cryptocurrency platforms in the world.

Step 1: Understand that the first dollar doesn't have to be perfect, just real.

Before thinking about advanced strategies, the important thing is to start. Your first dollar can come from a small daily action: a service, a simple sale, or a basic task. The key is to change your mindset from consumer to producer. From there, any profit, no matter how small, can be the starting point for your journey in the crypto world.

In addition to buying and selling cryptocurrencies, you can also earn passive interest just by holding them. Binance offers several ways to do this, safely and easily, through its feature called Binance Earn.
✅ What is Binance Earn?
It is a tool that allows you to put your cryptocurrencies to work so they generate returns, similar to how a traditional savings account works, but with crypto assets. There are different options depending on your level of experience and risk tolerance.

Buying your first cryptocurrency may seem complicated, but with Binance, it's a quick, safe, and accessible process. Here’s how to do it step by step, even if you have no prior experience:
✅ 1. Create an account on Binance
Go to binance.com or download the app. Register using your email or phone. It's free and takes less than 2 minutes.
🛡 2. Verify your identity (KYC)
Upload an official ID (DNI, passport, or ID card) and a selfie to verify your account. This helps protect your money and comply with regulations.

Binance is one of the largest and most used cryptocurrency exchange platforms in the world. Founded in 2017 by Changpeng Zhao (CZ), Binance allows users to buy, sell, and trade hundreds of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and its own token, Binance Coin (BNB). Its popularity is due to its low fees, high liquidity, and the wide range of services it offers, from trading to savings, staking, NFTs, and more.
How to get started on Binance?
Create a free account: Go to binance.com and register with your email address or phone number.

Did you know you can earn free cryptocurrencies on Binance without investing anything? Yes, it is possible. Binance is not just a cryptocurrency exchange platform, but also an ecosystem with multiple ways to generate passive income or learn and earn at the same time.

Here I explain how:

1. 🎓 Learn and Earn: Binance Learn & Earn

What is it?
An educational section of Binance where you watch videos, learn about cryptocurrencies, and then answer questions. If you answer correctly, they give you cryptocurrencies like BTC, BNB, SUI, ALGO, etc.