Sure, here's a simplified version:
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Looking to make some profit on Binance without risking too much? Here's a straightforward strategy using FDUSD.
1. When Binance Launchpool is quiet, swap your USDT for FDUSD when the rate is below $1.
2. When there's news about a new Launchpool project, swap your FDUSD back to USDT when the rate goes above $1. The bigger the rate difference, the more profit you can make.
For beginners:
- Start with around $500 to see significant returns.
- You can expect to make $10 to $15 profit for every $1,000 invested.
- Aim for 1-2 Launchpool rounds per month for steady income.
Answers to common questions:
1. Should you stake FDUSD in Launchpool? Only if you have around $5,000 to invest.
2. Can you profit from both the pool and rate difference? Yes, but timing is crucial. Don't be too greedy.
This is a beginner-friendly way to earn on Binance with USDT. Remember, crypto investing isn't easy, so stay informed and seize opportunities when they come. Good luck!
small profit is better than big loss
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