There are many people who talk about how to earn money on Binance. Yes is this true Binance offers many different ways to earn crypto. If you are looking at how to earn on Binance you need to read our blog post In that post, we are trying to cover 6 different ways to earn crypto on Binance.
How to Earn Money on Binance?
1. Binance Trading
There are very easy and common ways to Trading cryptocurrencies on Binance.
It’s crucial to remember that trading cryptocurrencies on Binance is always a significant risk, and there is a danger of losing money.
Binance Spot Trading: The Binance spot market typically offers a variety of currencies, including BTC, ETH, BNB, and many more. There are numerous methods for buying and selling coins on the Binance exchanges, and spot traders frequently use a variety of fundamental and technical analysis approaches to make trading decisions.
Note: Source by Binance and Cointelegraph.
2. Binance Staking Reward
Binance staking rewards offer more than a 12% APY rate for saving crypto, you will need to stake your cryptocurrency. Staking is a way to earn passive income by locking up your cryptocurrency, You need to deposit crypto how much coin reward you earn will depend on the coin you are staking and the current staking rewards.
Before staking, as with any investment, it’s crucial to conduct your research and thoroughly weigh the risks and rewards.
Note: If you don’t know how to Stake crypto on Binance, then we strongly recommend visiting the Binance Help Center and learning it.
3. Binance Launchpad
Our list number three position is Binance Launchpad, Binance Launchpad has raised funds for more than 77 projects since November 2023. Now first let us introduce what is Binance Launchpad.
Binance Launchpad is a cryptocurrency unique platform that allows users to have first-look access to promising new crypto tokens or coins from various projects. Let’s find out more about the most recent Launchpad projects in Binance.
Note: If you don’t know how to join Binance Launchpad, then we strongly recommend visiting the Binance Help Center and learning it.
4. Binance Learn and Earn
Our list number four position is Binance Lear and Earn, Binance provides free crypto coins or tokens through learning. Now first let us introduce what is Binance Learning.
What is “Binance Learn & Earn”
Binance’s “Binance Learn & Earn”, section is where users can gain knowledge on blockchain and earn free crypto by completing courses and quizzes. Earn free crypto with blockchain learning.
Disclaimer: Binance “Binance Learn & Earn” section basis for general information and educational purposes only. It should not be construed as financial advice, or is it intended to recommend the purchase of any specific product or service? Binance does not provide financial advice. For more information visit Binance’s “General Risk Warning“ page.
Note: If you don’t know how to join the “Binance Learn & Earn”section, then we strongly recommend visiting the Binance Help Center and learning it.
5. Binance Referral Program
By inviting people to sign up on the Binance, users can get passive income. You will receive a share of their trading fees if they remain a Binance customer once they use your referral link or code to sign up.
How to Join the Binance Referral Program?
When a friend you’ve invited registers for a Binance account and makes a deposit worth more than $50, you’ll both receive 100 USDT in credits that you can use for your trading fees.
You need to generate a referral link or code to participate in the referral program. Then, encourage your friends or audience to sign up for Binance and begin trading by sending them this link via social media, like WhatsApp, Telegram, email, or other media.
Binance Commission and discount rate:
| Inviter’s Daily BNB Balance | Inviter’s Base Referral Rate | Rate Received by the Inviter | Rate Received by the Invitee |
|---|---|---|---|
| < 500 BNB | 20% | 20% | 0% |
| < 500 BNB | 20% | 15% | 5% |
| < 500 BNB | 20% | 10% | 10% |
| ≥ 500 BNB | 40% | 40% | 0% |
| ≥ 500 BNB | 40% | 35% | 5% |
| ≥ 500 BNB | 40% | 30% | 10% |
| ≥ 500 BNB | 40% | 25% | 15% |
| ≥ 500 BNB | 40% | 20% | 20% |
Note: That table only applies to Binance Spot Wallet and Trading.
ALAMIN
Alamin Mia is a Web Developer, Designer, Content Writer, and author. He founded and leads Software Dune.
