Market Cap: $2.913T -4.810%
Volume(24h): $276.1353B -1.820%
Fear & Greed Index:

86 - Extreme Greed

Market Cap: $2.913T 3.08%
Volume(24h): $276.1353B 3.08%
  • Market Cap: $2.913T -4.810%
  • Volume(24h): $276.1353B -1.820%
  • Fear & Greed Index:
  • Market Cap: $2.913T -4.810%

Select Language

Select Language

Select Currency

how to make money on binance without trading

By joining Binance Earn's Flexible Savings program, crypto holders can effortlessly generate passive income by earning interest on their idle digital assets.

Nov 13, 2024 at 02:30 pm

How to Make Money on Binance Without Trading

Binance, the world's largest cryptocurrency exchange, offers a plethora of opportunities for users to generate passive income without engaging in direct trading. Here's a comprehensive guide to explore these methods:

1. Binance Earn

  • Flexible Savings: Deposit crypto assets into low-risk savings accounts and earn interest on idle funds.
  • Fixed Savings: Lock up crypto assets for fixed terms to earn higher interest rates.
  • Launchpool: Stake BNB or other supported tokens to receive new tokens as rewards.

2. Binance Staking

  • Staking: Stake supported Proof-of-Stake (PoS) cryptocurrencies to validate transactions and receive rewards.

3. Margin Lending

  • Lending: Lend crypto assets on the Binance margin platform to traders, earning interest on the amount lent.

4. Binance Pool

  • Cloud Mining: Invest in cloud mining contracts to participate in cryptocurrency mining without purchasing mining equipment.

5. Binance Savings App

  • Flexible Savings: Similar to Binance Earn, but with a simplified user interface.

6. Binance Launchpad

  • Launchpad: Participate in token sales of promising new cryptocurrency projects and potentially earn profits.

7. Binance NFT Marketplace

  • NFT Trading: Create, buy, or sell non-fungible tokens (NFTs) on the Binance NFT marketplace.
  • NFT Staking: Stake NFTs to earn rewards or benefits, such as access to exclusive events or airdrops.

8. Binance Loan

  • Borrowing: Take out a loan against your crypto assets to access funds and potentially earn profits.

Steps for Using Binance Earn:

  1. Open a Binance Account: Create an account on the Binance platform if you don't have one.
  2. Deposit Crypto Assets: Transfer crypto assets to your Binance wallet from an external source or by purchasing them on Binance.
  3. Choose a Savings Product: Select the savings product that suits your risk tolerance and investment goals (Flexible Savings, Fixed Savings, Launchpool).
  4. Subscribe to Savings: Allocate the desired amount of crypto assets to the selected savings product.
  5. Earn Rewards: Monitor your earnings regularly and withdraw your rewards when desired.

Tips for Maximizing Earnings:

  • Research different savings products and choose those with the highest interest rates.
  • Consider locking up assets for longer durations in Fixed Savings to earn higher returns.
  • Monitor market conditions and adjust your investment strategy accordingly.
  • Take advantage of promotional offers and airdrops to increase your earnings.
  • Remember that passive income opportunities may involve risk, and always invest responsibly.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Related knowledge

how to access coinbase without phone number

Nov 13,2024 at 08:20pm

Unlocking Coinbase Without a Phone Number: A Comprehensive GuideIntroductionCoinbase, one of the leading cryptocurrency exchanges, has implemented mandatory phone number verification as a security measure. However, for various reasons, some users may not have access to a phone number or prefer to use the platform without providing it. This article prese...

how to recover coinbase account without phone number

Nov 13,2024 at 10:24pm

How To Recover Coinbase Account Without Phone NumberCoinbase is one of the most popular cryptocurrency exchanges in the world. It is known for its user-friendly interface and its wide range of supported cryptocurrencies. However, like any other online service, Coinbase accounts can be hacked or compromised. If you have lost access to your Coinbase accou...

can you buy bitcoin with coinbase

Nov 15,2024 at 12:16am

Can You Buy Bitcoin with Coinbase?Yes, Coinbase is one of the most popular cryptocurrency exchanges that allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin. In this article, we will provide a comprehensive guide on how to buy Bitcoin with Coinbase.Step 1: Create a Coinbase AccountVisit the Coinbase website and click on the ...

how to verify coinbase with id

Nov 13,2024 at 02:32pm

How to Verify Coinbase With ID: A Comprehensive GuideCoinbase is a leading cryptocurrency exchange that offers a secure and user-friendly platform for buying, selling, and storing digital assets. To ensure regulatory compliance and enhance account security, Coinbase requires users to verify their identities. By verifying your identity, you establish tru...

how to convert usdt to naira on binance

Nov 13,2024 at 01:00pm

How to Convert USDT to Naira on BinanceBinance is one of the leading cryptocurrency exchanges in the world, and it offers a wide range of trading pairs, including USDT/NGN. This means that you can easily buy and sell USDT for Naira on Binance.Step 1: Create a Binance AccountIf you don't already have a Binance account, you can create one by visiting the ...

how to open binance account in nigeria

Nov 13,2024 at 08:54pm

How to Open a Binance Account in Nigeria: A Comprehensive GuideAs the world's leading cryptocurrency exchange, Binance offers a secure and user-friendly platform for Nigerians to buy, sell, and trade digital assets. Opening a Binance account is a straightforward process that can be completed in a few simple steps. This guide will provide a detailed over...

how to access coinbase without phone number

how to access coinbase without phone number

Nov 13,2024 at 08:20pm

Unlocking Coinbase Without a Phone Number: A Comprehensive GuideIntroductionCoinbase, one of the leading cryptocurrency exchanges, has implemented mandatory phone number verification as a security measure. However, for various reasons, some users may not have access to a phone number or prefer to use the platform without providing it. This article prese...

how to recover coinbase account without phone number

how to recover coinbase account without phone number

Nov 13,2024 at 10:24pm

How To Recover Coinbase Account Without Phone NumberCoinbase is one of the most popular cryptocurrency exchanges in the world. It is known for its user-friendly interface and its wide range of supported cryptocurrencies. However, like any other online service, Coinbase accounts can be hacked or compromised. If you have lost access to your Coinbase accou...

can you buy bitcoin with coinbase

can you buy bitcoin with coinbase

Nov 15,2024 at 12:16am

Can You Buy Bitcoin with Coinbase?Yes, Coinbase is one of the most popular cryptocurrency exchanges that allows users to buy, sell, and trade various cryptocurrencies, including Bitcoin. In this article, we will provide a comprehensive guide on how to buy Bitcoin with Coinbase.Step 1: Create a Coinbase AccountVisit the Coinbase website and click on the ...

how to verify coinbase with id

how to verify coinbase with id

Nov 13,2024 at 02:32pm

How to Verify Coinbase With ID: A Comprehensive GuideCoinbase is a leading cryptocurrency exchange that offers a secure and user-friendly platform for buying, selling, and storing digital assets. To ensure regulatory compliance and enhance account security, Coinbase requires users to verify their identities. By verifying your identity, you establish tru...

how to convert usdt to naira on binance

how to convert usdt to naira on binance

Nov 13,2024 at 01:00pm

How to Convert USDT to Naira on BinanceBinance is one of the leading cryptocurrency exchanges in the world, and it offers a wide range of trading pairs, including USDT/NGN. This means that you can easily buy and sell USDT for Naira on Binance.Step 1: Create a Binance AccountIf you don't already have a Binance account, you can create one by visiting the ...

how to open binance account in nigeria

how to open binance account in nigeria

Nov 13,2024 at 08:54pm

How to Open a Binance Account in Nigeria: A Comprehensive GuideAs the world's leading cryptocurrency exchange, Binance offers a secure and user-friendly platform for Nigerians to buy, sell, and trade digital assets. Opening a Binance account is a straightforward process that can be completed in a few simple steps. This guide will provide a detailed over...

See all articles

User not found or password invalid

Your input is correct

Cancel