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Would you want to make money from the cryptocurrency market but are not interested in trading? You’re reading the right article!. Here we’ve completely covered how to make money on Binance Without trading.
Binance offers many opportunities for people to earn both active and passive income. Continue reading to discover the various available ways.
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Learn and Earn
On Binance Exchange, you can make money by simply taking cryptocurrency courses. Binance launched this initiative to encourage people to learn about the cryptocurrency market.
So, as an African American, you can simply use your gadget whether desktop or mobile to learn about blockchain, complete quizzes, and earn free cryptocurrency. Participating in the Binance Learn and Earn program is easy. Sign up or log into your account, complete a course of your interest, and redeem your rewards.
But you should know that it’s mandatory that you read all the course articles, watch the videos, and answer all the quiz questions correctly before you can claim your rewards.
People Also Read: Cryptocurrency Regulations: What Black Investors Should Know
Participate in Refer and Earn
The Binance refer and earn program allows you to earn money by simply telling your friends and family about the exchange. Like the Learn and Earn program, you don’t need to make any deposit to make money from the Refer and Earn initiative.
Generally, it’s among the easiest and most cost-effective ways to make money on Binance without trading. Besides being free, it’s also simple to start. Simply go to the Binance Refer and Earn page, register, and start sharing your unique referral link with your friends and family.
You can promote your referral links on your social media handles, such as Facebook, X (formerly Twitter), TikTok, and Instagram. Here are affiliate marketing guides on Amazon to learn how to promote Binance to make money.
People Also Read: 5 Cryptocurrency Risk Management Strategies Black Investors Should Know
Start Fix Savings
Unlike, the two options discussed already, the Binance fix saving program requires an initial capital. The program is similar to a traditional bank savings account. But in this case, you’ll be saving with Binance.
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The exchange allows you to deposit your cryptocurrency and receive competitive interest rates. The good thing is that you can deposit and withdraw your funds any time that you want. This makes it perfect for African Americans who want to have access to their funds while still earning interest.
By LaunchPool Participation
With the Binance launchpool program, you don’t need to trade to make money. But you need some cash to be able to make money through it. In the launchpool program, you stake tokens like Binance coin to get a new token reward.
Binance is among the leading exchanges globally. It offers users more than ten ways to make money from the crypto market. However, if you’re looking for how to make money on Binance without trading pick any of the four options covered here.
But before you get into the crypto market ensure that you learn about it. You can get cryptocurrency books from Amazon. Or even use the platform’s Learn and Earn program.
People Also Read: What Is Volatility in Crypto? Everything Black Traders Need to Know
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