Make Money With Crypto: 10 Ways To Earn Bitcoin and Other Crypto With Binance Earn
Stop holding idle assets and put your crypto to work. Here are 10 ways to earn passive income with crypto on Binance Earn.Â
The cryptocurrency market is quickly evolving, and investing in crypto is not just about buying and holding. Although holding proves to be one of the best and safest investment strategies over the last 10+ years of Bitcoinâs existence, thereâs much more to be done with your holdings than just to hodl.Â
Binance Earn is a portfolio of cryptocurrency products designed to provide you with passive income on your idle assets. With Binance Earn, you can start saving, staking, or even becoming a liquidity provider in DeFi markets to earn passive income on bitcoin, stablecoins, altcoins, and more. And, only on Binance, we even support earning opportunities for fiat currencies.Â
At the time of writing, $4.2 billion worth of crypto assets currently on Binance Earn with $70 million worth of total rewards distributed in 2020. Binance Earn has more than 270,000 daily active users and investors and the number is rising. The active stablecoins volume on Liquid Swap reached $128 million, and over $22 billion in funds are locked in DeFi in Binance as of late 2020.
Currently, you can boost your passive earnings with 10 different products with different yield potential and risk levels. The general rule is that the products with higher risk-reward come with higher yield, while lower-risk products come with lower yield. For the purpose of this article, we ordered the products from lowest to highest risk.
*Actual as of January 18, 2021. Yield may be affected by market movements. Do your own research (DYOR) before subscribing to Earn products.
Flexible Terms - Subscribe Whenever You Want, Redeem Anytime.
1. Flexible Savings
Stake 24 popular tokens, including BTC, ETH, USDT, or BNB and earn interest and rewards. You can subscribe to this product or redeem your rewards at any time. With a total value locked of more than $3 billion, Flexible Savings is a go-to product for everyone.Â
Minimum Investment: No minimum
Fees: Zero feesÂ
APY: Dynamic APY (0.5% - 15%)
Rewards Distribution: Daily
Risk Level: None, guaranteed capital earnings
2. BNB Vault
Earn rewards on your unused BNB with BNB Vault aggregator that combines the best of Launchpool, Savings and DeFi Staking. Do it conveniently in a one-click experience. Watch our BNB Vault tutorial videoto learn more.
Minimum investment: No minimum
Fees: Zero fees
APY: Dynamic APY (at least BNB flexible savingsâ APR)
Distribution: DailyÂ
Risk level: None, guaranteed capital earnings
Try out BNB Vault: Earn Multiple benefits with one click.
3. Launchpool
Stake BNB, BUSD, BTC, and other assets and receive the newest tokens coming to Binance as they are released. Stay ahead of the curve and get your hands on some of the most popular upcoming IEO and DeFi tokens, including the recent BTCST token on Launchpool.
Minimum Investment: Based on individual Launchpool offers
Fees: Zero fees
APY: Dynamic APY
Historical Performance: Up to 110% with BEL & WING tokens
Distribution: Manual redemption
Risk Level: None, guaranteed capital earningsÂ
Fixed Terms - Lock Your Assets and Get Higher Yields.
4. Fixed Savings
Save 24 popular tokens in crypto, including BTC, ETH, USDT, or BNB, for 7-90 day lock-up periods and earn increased yields on your stakes. You can subscribe anytime, but you can only redeem your rewards after the lock-up period. Much like a bond in traditional investing; itâs that simple!
Minimum Investment: $100
Fees: Zero fees
APY: Dynamic APY (5-15%)
Distribution: Daily
Risk Level: None, guaranteed capital earnings.
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5. Locked Staking
Start staking with a low entry of only 10 USDT worth of tokens and reap higher rewards and additional benefits. Redeem in advance without losing your original stake (give up your previous staking rewards) or paying early-redemption fees. Choose between 30 different Proof-of-Stake (POS) tokens including, EOS, DOT, or ADA, and earn rewards with little risk.Â
Minimum investment: Starting at 10 USDT worth of tokens
Fees: Zero fees
APY: Dynamic APY determined by the total staked pool volume; up to 102%.
Distribution: Daily
Risk Level: None, guaranteed capital earnings.Â
6. Activities
Earn rewards for the things you already do such as staking and saving crypto. Binance Earn offers occasional special savings products for individual cryptocurrencies. Complete the activity before it is fully subscribed and see your yield automatically appear in your spot wallet after the activity is complete.Â
Activity example from past Earn offers
Minimum Investment: Determined by each productâs lot size.
Fees: Zero fees
APY: Fixed, depending on the activity
Distribution: Periodical, depending on the activity
Risk Level: None, guaranteed capital earnings.
How to use Binance Savings Activities
7. ETH 2.0 Staking
Stake Ethereum (ETH) and get rewards for supporting the ETH 2.0 network upgrade. Earn interest from ETH blockchain staking rewards. Redeem BETH pegged on 1:1 basis to your ETH stake and maximize your earnings.Â
Minimum Investment: Â 0.0001 ETH
Fees: Zero Fees
APY: Dynamic APY determined by the Ethereum network
Distribution: Daily
Risk Level: None
Safe and secure ETH staking on Binance. Earn up to 20% APY!
High-Risk Terms - Maximize Your Earnings.
8. DeFi Staking
Earn passive income without technical knowledge, hardware, or the need to manage your private keys and wallets. Stake BTC, BUSD, DAI, USDT, or BNB, and start yield farming. All funds and monitored by Binanceâs real-time systems. Select between fixed and flexible terms.
Minimum Investment: Depending on different staked tokens (as low as 100 USD)
Fees: Zero fees
APY: Dynamic APY of up to 60%
Distribution: DailyÂ
Risk Level: High
9. Dual Investment
Lock BTC, USDT, or BUSD in a savings yield product, and increase your earnings even more with the volatility of market price on your crypto holdings. If the volatility of your crypto holdings is in a certain gap, so that your earnings exceed the savings rate, youâll get the higher amount. If the market price on your crypto holdings dips or your earnings donât exceed the savings rate, your holding may change to another asset.
Minimum investment: No minimum threshold; with upper limit depending on each offer
Fees: Zero fees
APY: Fixed RoR with floating returns based on the specific asset price
Distribution: Upon delivery date
Risk Level: No capital earnings guarantee. Risk lies in asset price volatility.
What is Dual Savings? What are the advantages?
10. Liquid Swap
If you have asset management needs, add assets and redeem rewards at any time. Choose between stable and innovative pools with different risk levels and yields, and become a liquidity provider by adding sable coins and fiat currencies to the liquidity pools.
Minimum investment: $10 for USDT/BUSD
Fees: 0.04%
APY: Stable: up to 12.8% on the USDT/DAI pool; Innovative: up to 24% on the ETH/BUSD pool.
Distribution: Real-time distribution
Risk level: High
How to Earn Passive Income with Crypto on Binance Liquid Swap.T