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💰 How to Earn Passive Income on Binance: A Beginner’s Guide to Staking and Savings 🚀
Did you know you can grow your crypto portfolio without trading daily? Binance offers easy ways to earn passive income while you sit back and relax. Let’s dive into the best beginner-friendly methods!
1. 💸 Flexible Savings – Earn on the Go
What It Is: Deposit your crypto into Binance’s Flexible Savings, and earn interest while keeping access to your funds.Example: Stake USDT in Flexible Savings, and earn 3% APY—perfect for those who want liquidity while earning.Pro Tip: Use Flexible Savings for emergency funds or crypto you might need soon.
2. 🔒 Locked Staking – Bigger Rewards for Patience
What It Is: Commit your coins for a fixed period (7, 30, or 90 days) to earn higher rewards.Example: Stake BNB for 30 days and earn up to 8% APY. The longer you lock, the higher the reward!Pro Tip: Stake coins you won’t need in the short term for maximum gains.
3. 🌱 Launchpool – Earn New Tokens for Free
What It Is: Deposit supported coins like BNB or TUSD into Binance Launchpool to earn new tokens from exciting projects.Example: Stake BNB during a new Launchpool event and earn free tokens of a new cryptocurrency before it hits the market.Pro Tip: Keep an eye on Binance’s Launchpool Events for high-potential rewards.
4. 📈 Auto-Invest – Set It and Forget It
What It Is: Use Auto-Invest to build your crypto portfolio while earning savings rewards.Example: Set up a monthly Auto-Invest plan for Bitcoin (BTC) and earn interest on it while dollar-cost averaging.Pro Tip: Automating small, regular investments can grow your wealth steadily over time.