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šŸ’° How to Earn Passive Income on Binance: A Beginnerā€™s Guide to Staking and Savings šŸš€

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. Letā€™s dive into the best beginner-friendly methods!

1. šŸ’ø Flexible Savings ā€“ Earn on the Go

What It Is: Deposit your crypto into Binanceā€™s Flexible Savings, and earn interest while keeping access to your funds.Example: Stake USDT in Flexible Savings, and earn 3% APYā€”perfect for those who want liquidity while earning.Pro Tip: Use Flexible Savings for emergency funds or crypto you might need soon.

2. šŸ”’ Locked Staking ā€“ 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 wonā€™t need in the short term for maximum gains.

3. šŸŒ± Launchpool ā€“ 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 Binanceā€™s Launchpool Events for high-potential rewards.

4. šŸ“ˆ Auto-Invest ā€“ 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.

$BTC