Many people in the crypto market focus on active trading, but few think about generating passive income. In reality, if you plan properly, BNB can be a great way to earn passive income. In this post, I’ll share how you can do that easily.
First of all, you need to use Binance’s Simple Earn or Staking feature. If you are holding $BNB , you can choose Flexible or Locked options in Simple Earn to start earning rewards passively. Currently, staking BNB can give you around 3%–6% APY (Annual Percentage Yield) — which is much higher than a regular savings account!
Another big advantage is that has strong long-term growth potential. If you look at the market trends from the past few years, you’ll see that plays a key role in driving the Binance ecosystem forward.
So, if you want low-risk passive income, $BNB could be an excellent option. Are you already holding $BNB ? Or thinking about staking soon? Let me know in the comments! 🚀