passive_income.
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Series 2: #Learn about ways to #earn in crypto market
The crypto market provides you with a variety of ways to make #passive_income.
In this series, I will explain every earning tool in the Binance platform, and how to make your money grow effectively using these tools.
Part 1: ways to #earn money in the crypto market
As of 12th Feb 2024, there are 9 ways to earn passive income, the list below will tell you the risk of each way, as well as show you what kind of currency you need to start investing.
There are some names that are familiar to you, but also some names are really strange to you, right? Don't worry, they are really simple, yet, effective.
But, before getting into the world of Binance Earn, ask yourself:
Do I want to #earn passive income with low risk?
If NO, go with other methods, simply like Spot trading, Futures trading, etc., these ways will get your portfolio growth to no limitation, but of course, with moderate to extremly high risk.
But if YES, stay with Binance Earn. It doesn't guarantee you with a high profit, but at least, your money is not dead in your pocket, and it's safer to do this way.
In the upcoming parts, I will explain in details how to use these earning tools effectively. So, follow to #LearnAndGrow
#Write2Earn $BTC $ETH $SOL
In this series, I will explain every earning tool in the Binance platform, and how to make your money grow effectively using these tools.
Part 1: ways to #earn money in the crypto market
As of 12th Feb 2024, there are 9 ways to earn passive income, the list below will tell you the risk of each way, as well as show you what kind of currency you need to start investing.
There are some names that are familiar to you, but also some names are really strange to you, right? Don't worry, they are really simple, yet, effective.
But, before getting into the world of Binance Earn, ask yourself:
Do I want to #earn passive income with low risk?
If NO, go with other methods, simply like Spot trading, Futures trading, etc., these ways will get your portfolio growth to no limitation, but of course, with moderate to extremly high risk.
But if YES, stay with Binance Earn. It doesn't guarantee you with a high profit, but at least, your money is not dead in your pocket, and it's safer to do this way.
In the upcoming parts, I will explain in details how to use these earning tools effectively. So, follow to #LearnAndGrow
#Write2Earn $BTC $ETH $SOL
Ready to start earning? Visit Binance Square today and discover the power of Binance Earn! šøš§³
#BinanceEarn #Crypto #passive_income. #Investing2024 #BinanceCommunity
#BinanceEarn #Crypto #passive_income. #Investing2024 #BinanceCommunity
Cloud mining. I mentioned in one of my posts I invested some usdt to cloud mining. So this in one tool given by Binance for you to mine some BTC. You can actually choose what hashrate you will buy. Of course the higher the hashrate the higher the price and also the higher the BTC you can possibly mine. This is one easy and indirect way to get a hold of BTC.
Hereās a summary of what was the result of that investment. So i bought a 5T hashrate at 28.8 USDT.
I mined a total of 0.00090565 BTC in 3 months. So multiply that at the ~51k price of BTC at the moment.
0.00090565 x 51000 usdt = 46.19 usdt.
So 46.19-28.8= 18.1 USDT gain/profit.
Now remember that this profit can still go way higher especially if the price of BTC goes up. Still have a couple ongoing cloud mining purchase at the moment. Will share the summary once its done.
#Cloudmining #BTC #Usdt #Write2Earnā¬ #passive_income. $BTC $BNB $ETH
Hereās a summary of what was the result of that investment. So i bought a 5T hashrate at 28.8 USDT.
I mined a total of 0.00090565 BTC in 3 months. So multiply that at the ~51k price of BTC at the moment.
0.00090565 x 51000 usdt = 46.19 usdt.
So 46.19-28.8= 18.1 USDT gain/profit.
Now remember that this profit can still go way higher especially if the price of BTC goes up. Still have a couple ongoing cloud mining purchase at the moment. Will share the summary once its done.
#Cloudmining #BTC #Usdt #Write2Earnā¬ #passive_income. $BTC $BNB $ETH
