Earning $3 on Binance within 24 hours is achievable with small-scale strategies step-by-step guide:
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Step 1: Create and Verify Your Binance Account
1. Sign up on Binance: If you donโt already have an account, visit Binance.com and register.
2. Complete KYC Verification: This is necessary to access most features and to ensure account security.
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Step 2: Deposit Funds
1. Add Funds: Deposit a small amount of cryptocurrency (e.g., USDT or BUSD) through a bank transfer, P2P trading, or crypto transfer from another wallet.
2. Minimum Suggested Amount: $10โ$20 (depending on the strategy you choose).
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Step 3: Use One of These Strategies
A. Spot Trading
1. Choose a Low-Volatility Pair: Look for stable pairs like BTC/USDT or ETH/USDT.
2. Buy Low, Sell High: Monitor market fluctuations. Buy when the price dips slightly, and sell when it rises.
Target a 1โ2% profit per trade.
Example: With $20, a 1% profit per trade = $0.20. Repeat 15 trades for $3.
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B. Binance Earn (Flexible Savings or Staking)
1. Go to Binance Earn: Navigate to "Earn" โ "Flexible Savings."
2. Stake Your USDT or BUSD: Youโll earn interest daily.
3. Estimated Earnings: Interest rates are usually small (0.5โ2% APY), so combine this with other strategies for faster gains.
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C. P2P Trading (Arbitrage)
1. Buy Crypto at a Lower Rate: Use Binanceโs P2P platform to purchase crypto