The cryptocurrency BNB (Binance Coin) is the native token of the Binance exchange, one of the largest cryptocurrency platforms in the world. It offers various ways to earn, both for beginners and more experienced investors. Below are some strategies to earn with BNB on Binance:
1. BNB Staking
You can stake BNB, meaning you lock your coins for a period to help maintain the network or participate in yield products. In return, you receive rewards in BNB or other cryptocurrencies. Binance offers flexible and locked staking, with different return rates (APY).
2. Launchpool
The Launchpool allows you to use your BNB to "farm" new tokens from projects launched on Binance. Just allocate your BNB to the pool and receive new tokens for free while still holding your BNB.
3. BNB Vault
The BNB Vault is a combined yield product that brings together various ways to generate income with BNB in one place (staking, Launchpool, etc.). It is ideal for those who want passive income with less effort.
4. Fee Discounts
By holding BNB in your account, you can activate the option to pay transaction fees with BNB and receive discounts — an indirect way to save and profit more on trades.
5. Trading
Buying BNB at a low price and selling when the value rises is a classic way to profit. Monitoring the market and using technical analysis can help with this type of operation, although it involves risks.
6. Reward and cashback programs with BNB
Binance offers crypto debit cards that can provide cashback in BNB. Additionally, participating in promotions, quizzes, and events on the platform can earn BNB for free. #BNBVault