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How do I earn more than $7 daily on the Binance platform without spending any money?
You don't need to invest or deposit to start earning on Binance. I earn over $4 daily without spending a single dollar. Here’s how to achieve this using three free features available to everyone on the Binance platform. 1. 'Learn and Earn' program Binance offers free cryptocurrencies to learn. Just visit the 'Learn and Earn' section. Watch short videos or read short lessons about various cryptocurrency projects. After that, answer a short quiz. If you answer correctly, Binance rewards you with free tokens. I earn between $0.80 and $1 daily from these monthly quizzes, depending on availability.
Here is a set of important educational tips when trading cryptocurrencies to help you reduce risks and increase your chances of success:
1. Learn the Basics First • Understand what cryptocurrencies are (such as Bitcoin, Ethereum). • Learn how blockchain technology and digital wallets (cold and hot) work. • Read about types of exchanges and how they operate.
2. Start with Small Amounts • Do not invest more than you can afford to lose. • Use small amounts at first to gain experience.
3. Use Technical and Fundamental Analysis • Technical Analysis: Study charts and price patterns. • Fundamental Analysis: Follow news, projects, and teams behind the currencies.
4. Manage Risks • Do not put all your money in one currency. • Use stop-loss orders to protect your capital. • Allocate only a small percentage of your portfolio for high-risk trading.
5. Stay Informed • Keep up with market news and technical updates for the currencies you are trading. • Cryptocurrency markets change rapidly, and outdated information can be harmful.
6. Beware of Emotions • Do not trade out of fear or greed. • Stick to a clear trading plan without getting swept up in trends or rumors.
7. Use Trusted Platforms • Make sure the platform is licensed and has a good reputation. • Enable two-factor authentication (2FA) to protect your account.
Profits from the Binance platform without investment
You can profit from the Binance platform without direct investment through several methods, the most notable of which are: 1. Referral Program Binance provides a referral program through which you can invite people to register on the platform via your referral link, and when they trade, you receive a percentage of the trading fees they pay. 2. Binance Earn – Earn rewards without investment