Earning USDT, a stablecoin pegged to the value of the US dollar, is the goal of many participants in the cryptocurrency market. On Binance, one of the largest exchanges in the world, there are many ways for you to earn USDT without an initial investment. Here are detailed methods to get started:
1. Binance Earn Program
Binance Earn is a great tool that allows you to earn interest on cryptocurrency assets without needing to invest more. Earning methods include:
A. Binance Savings
Flexible Savings: This is a suitable option for those who want to earn interest on USDT while still being able to withdraw funds at any time. The interest rate may change based on market conditions, but you can start without locking your money for a long period.
Fixed-term Savings: If you are willing to lock your money for a specific period (from 7 days to several months), you will receive a higher interest rate. This is suitable for users who want to maximize profits from holding USDT.
Participation Guide:
Log in to your Binance account.
Go to the 'Earn' section in the menu, select 'Savings'.
Search for USDT and choose the type of savings you want to participate in (flexible or fixed-term).
Select the amount you want to deposit and complete the process.
B. Launchpool
Launchpool is an opportunity for you to participate in staking USDT and receive newly issued tokens. This is a great way to earn additional rewards without having to buy new tokens.
Participation Guide:
Access Binance Launchpool through the 'Earn' section.
Choose the project you want to stake USDT in.
Stake USDT and receive rewards based on the amount you have staked.
C. Liquidity Farming
Provide liquidity for pools on Binance to earn rewards from transaction fees. This is an effective way to earn money for those willing to spend time researching and monitoring market fluctuations.
Participation Guide:
Access the 'Liquidity Farming' section in the 'Earn' area.
Choose a liquidity pair with USDT and contribute to the pool.
Monitor your rewards from transactions occurring in the pool.
2. Binance Referral Program
Binance's referral program is an easy way to earn USDT with no upfront capital required. You will earn commissions based on the trading of those you refer.
Participation Guide:
Log into Binance, go to the 'Referral' section in your account.
Copy the referral link and share it with friends or on social media platforms.
When your friends participate and trade, you will receive commissions (usually calculated in USDT).
3. Binance Academy - Learn and Earn Program
Binance Academy provides free online courses about blockchain and cryptocurrencies. Upon completing courses or taking tests, you will receive USDT rewards or other tokens.
Participation Guide:
Access Binance Academy and find the 'Learn and Earn' section.
Choose the course you are interested in and complete the lessons.
Take the test to check your knowledge and receive USDT rewards after successful completion.
4. Participate in Binance Launchpad and Airdrop Events
Binance often hosts airdrops and events on the Launchpad, where users can receive free tokens by participating. Although there may not always be USDT, other tokens can be converted to USDT after receiving.
Participation Guide:
Keep an eye on notifications on the homepage or in the 'Launchpad' section.
Read the conditions and requirements to participate in each airdrop or Launchpad project carefully.
Complete the participation steps according to the guide and receive rewards when the campaign ends.
5. P2P Trading on Binance
P2P trading is another way to earn money without an initial investment. By creating buy or sell ads for USDT on the P2P platform, you can profit from price differences.
Participation Guide:
Log into your Binance account and go to the 'P2P' section.
Choose the trading pair you want to execute (for example: USDT/VND).
Post advertisements to buy or sell at your desired price.
Close the transaction with the buyer/seller when someone is interested in your ad.
6. Participate in DeFi Projects on Binance Smart Chain
DeFi projects on Binance Smart Chain (BSC) allow you to earn USDT through yield farming or liquidity mining.
Participation Guide:
Connect your wallet to dApps on Binance Smart Chain such as PancakeSwap.
Choose the project you want to participate in and provide liquidity.
Track the USDT rewards you receive from participating in liquidity farming.
7. Participate in Competitions and Trading Events
Binance frequently organizes trading competitions, with attractive USDT rewards for the winners.
Participation Guide:
Check the 'Promotions' section on Binance for information about ongoing events.
Read the participation conditions and criteria to win carefully.
Participate in trading according to regulations and track your ranking on the leaderboard.
Conclusion
There are many ways to earn USDT on Binance without cash investment. However, you need to have patience and effort to optimize profits. Always thoroughly research each method and follow Binance's guidelines to ensure safety and effectiveness.
