As you know, recently ETF ETHEREUM $ETH Spot was officially approved, bringing with it a new wave and a different look at Crypto
In addition, President Biden's campaign turned around to learn about Crypto. Thereby, Crypto has become a trend in 2024
So what is Crypto? How to participate in Crypto investment? TOP 6 ways to make money completely free on Binance in 2024
1/ What is cryptocurrency?
Electronic money (abbreviated as Crypto), also known as cryptocurrency, is a non-physical asset that uses blockchain technology. In the simplest terms, if you compare Blockchain to a train crew, then crypto is the fuel that makes the train operate.
Cryptocurrency is used to reward the network for user activity. The Blockchain network does not have a single organization or individual operating but has hundreds of circles of people around the world. Their devices are responsible for authenticating transactions, supporting blockchain operations. And they are paid in blockchain coins, like a salary for the effort they put in.
This is what makes Blockchain have a close and indispensable relationship with crypto. Blockchain needs Crypto to operate and Crypto must have blockchain to have value. When blockchain technology is widely used, the entire crypto market will also grow strongly.
2/ How to participate in Crypto investment?
There are many ways to participate in Crypto investment - However, not everyone can participate and understand everything.
So, after a few years participating in the Crypto market. My team has also compiled a file HANDBOOK ON CRYPTO FOR NEW PEOPLE (let's call it complete and completely FREE) so that new people can refer to and learn the knowledge that we and the Team have gone through.
The purpose of making this file is simply to help new members entering the market avoid encountering scams. Even if you are a newbie who doesn't know anything about Crypto, after reading the 5 sections, I guarantee 80% you will have a basic understanding of Crypto and can start investing.
This information comes from many sources - sometimes there will be problems or errors. We appreciate everyone's feedback via comments below or directly via Telegram meomeonee
3/ TOP 6 ways to make money completely free on Binance in 2024
As you all know, Binance currently owns the Top 1 position in the World in Cryptocurrency with more than 180 million users,...
So how to make free money on Binance? Is it safe and will you lose a lot of capital? Let's find out right here
On Binance, there are many ways to make money such as: Binance Megadrop, features like Binance Earn, Binance Learn and Earn, Binance Launchpool, Write2Earn on Binance Square, Referral Programs and Gifts on Social Networks
Let's learn about 6 ways to make money completely free below
3.1 Megadrop Binance - Token launch platform with Airdrop and Web3 missions
What is Megadrop? Will this new platform be a new wave to attract Binance users in the near future, or will it be a source of motivation for the price of $BNB to reach the $1000 mark in 2024? Let's find out through the article below
Binance has launched Binance Megadrop, a new token launch platform with airdrops and Web3 missions (basically integrating Binance Simple Earn and Binance Web3 Wallet), where users can register BNB for locked Products and/or complete tasks in their Web3 Wallet to gain early access to rewards from selected Web3 projects before their tokens are listed on the Binance Exchange.
Differences between Binance Megadrop and Binance Launchpool
So how to get started with Binance Megadrop?
There are 2 main ways to participate in Megadrop:
- Lock BNB (Binance Coin): You can lock a certain amount of BNB at Simple Earn for a period of time to receive Megadrop bonus points. The more BNB you lock up for longer, the higher the reward points.
- Complete Web3 tasks: Use the Binance Web3 Wallet to complete project-related tasks. The more missions you complete, the higher your reward points.
There is currently a Lista Megadrop program, you can learn more about how to do it here https://bit.ly/MegadropTutorial
3.2 Binance Earn
Binance Earn is a form of locking your Token/coin to receive daily interest. Depending on the APY, each token/coin can pay you more or less.
As you can see, each token/coin has a different APY. If you have excess capital, you can buy USDT and visit Simple Earn to receive interest up to 7.49%/year
3.3 Binance Learn and Earn
Binance Learn and Earn is a form of Earning free cryptocurrency through learning. You can visit this website and complete lessons from the Binance academy itself
Rewards are more or less depending on each person's level of learning and answering questions
3.4 Binance Launchpool
Binance Launchpool is a way to earn more free and safe tokens on Binance, suitable for people holding BNB or Stablecoins like USDT, $FDUSD FUSD
Binance Launchpool's reward method
Launchpool will measure rewards every hour from the moment you stake your tokens. The total number of tokens stored depends on the total number of tokens you stake and the total amount of crypto committed to the pool. Simply put, if you have 10 BNB, the total token commitment of all participants is 1,000 BNB, then you will be divided 1% of the bonus tokens.
Your BNB or FDUSD amount will remain intact when participating in Launchpool, and will not be lost or deducted. 100% will be refunded after you choose redeem or wait until the event ends.
After 7 days of farming for the new project, Binance will list the token on the market. At this point, you can trade tokens as usual. If you don't want to hold them, you can sell them for profit immediately.
Instructions to join Binance Launchpool
Our team has posted detailed instructions on Joining Launchpool, everyone can refer to the webs https://bit.ly/notion1999
3.5 Write2Earn on Binance Square
Write to Earn is a completely new form of making money on Binance currently
Where creators can freely create content to their liking, just like other social platforms
In particular, in this Write to Earn form of monetization, every week and every month Binance will continuously organize Write2Earn events to express gratitude to content creators on the Binance Square platform.
How to participate is completely simple. You can access BinanceSquare on the App or Webs, create a Username, Profile and start being creative.
In particular, this week there is the #EarnFreeCrypto2024 campaign. Join together to receive this prize of up to $500
If you like me, you can support me with a follow button on Binance Square
Here is my ID: "meomeonee"
3.6 Referral Programs and Gifts on Social Networks
The last form of making money is no longer strange to everyone, right?
Yes, this form is very popular on all cryptocurrency exchanges
You can invite your friends to join the Exchange. When your friends make a transaction through your referral link, you will receive a commission percentage on that transaction, basically the TRANSACTION fee.
If you are lucky enough to introduce someone who has a large VOLUME TRADING, I believe you can make a lot of money from this last method.
If you are a new user, you can support me and the team through this link
In addition, Binance always organizes events to attract more Users, and give them valuable gifts or exclusive gifts from Binance such as Water Bottles, Backpacks, T-shirts,...
So how to know that event information as soon as possible? There is a simple way to just follow Binance media channels ^^
So I have also shown you 6 ways to make money completely free on Binance. Don't forget to Follow so you don't miss notable information from the market.