How to Make $14 Daily on Binance
Trading on Binance is one of the popular ways to earn extra income. Here we will provide simple steps to achieve your daily profit goal.
Step 1: Set up a Binance account
Create an account: Create an account and verify your identity to complete all the features.
Account security: Use two-factor authentication (2FA) to protect your account.
Step 2: Choose the right strategy
1. Spot trading: Buy and sell coins to make small profits daily.
2. Investing via Binance Earn: Coins can be invested to earn fixed returns through saving or staking.
3. Futures trading: Suitable for experienced traders with higher risks.
4. P2P trading: You can buy and sell coins directly to benefit from the price difference.
Step 3: Investing via Binance Earn
Invest in fixed assets such as USDT or BUSD with annual returns ranging from 5% to 12%. This option generates a fixed income with minimal risk.
Step 4: Instant Trading for Extra Profits
Choose highly liquid trading pairs like BTC/USDT, and set small profit targets of 1-2% per trade.
Step 5: Track Profits and Reinvest
Reinvest Profits: Invest profits daily to gradually increase your capital.
Track Performance: Monitor your performance daily to improve your strategies.
Risk Reduction Tips
Use Stop Loss Orders to avoid large losses.
Spread your investments across several strategies to reduce risk.
This way, you can gradually achieve a daily goal of $14 with low risk.