Binance Blog Articles (2024)

FAQs

How do you make $100 a day on Binance? ›

If you put in $1000 on Binance and track a 10% rise on one pair, you will have made $100. Repeat this every day and you will be making $100 a day, every single day.

1. **Sign Up**: If you haven't already, create an account on Binance. 2. **Access the Courses /Quiz**: Navigate to the Learn & Earn section on the Binance website or app.

Overall, Binance is a great platform for earning money with cryptocurrencies. There are a variety of different ways to do so, so it is important to choose the method that is right for you.

The regulator accused Binance, its CEO and founder Changpeng Zhao and the exchange's U.S. arm of artificially inflating its trading volumes, diverting customer funds, failing to restrict U.S. customers from its platform and misleading investors about its market surveillance controls.

Focus on volatile currency pairs with daily fluctuations of 10-20%. These pairs offer the best opportunities for quick gains. For example, if you invest $100 and track a currency pair that increases by 10%, you'll earn $10. Repeat this process daily for consistent $10 profits.

Welcome to Binance, the renowned cryptocurrency exchange that offers an exclusive promotional offer for our valued users. By using the Binance promo code XICM2J1C, you can enjoy an additional 40% discount on trading fees and receive a generous $100 trading fee rebate as a sign-up bonus.

How to earn free money on Binance without investment? ›

If you invest 100 BNB in Binance Launchpool, which allows you to farm new tokens by holding BNB, you can earn about 0.1 BNB per day, or about 3 BNB per month, based on the current reward rate of 0.1%⁴. However, this amount may change depending on the project you support and the total amount of BNB staked by all users.

Attempting to hide cryptocurrency from the IRS is illegal and can result in serious penalties, including fines and imprisonment. Exchanges such as Coinbase, Binance.US, and Crypto.com report customer data to the IRS, while many international exchanges like KuCoin, OKX, and Bitget might not.

The lawsuit from the Commodity Futures Trading Commission (CFTC) said the firm cultivated US business while failing to register properly with authorities. It accused Binance of breaking numerous US financial laws, including rules intended to thwart money laundering. Binance defended its practices.

“Binance's and Zhao's willful violations of anti-money laundering and sanctions laws threatened the U.S. financial system and our national security, and each of them has now pleaded guilty. Make no mistake: when you place profits over compliance with the law, you will answer for your crimes in the United States.”

a/ Staking on Binance

You can directly go to the Binance earn section and find the staking option to stake your coins/tokens on binance to get daily rewards.

Trading: This is the most common way to earn money on Binance, and it involves buying and selling cryptocurrencies to profit from changes in their prices. Trading can be risky, but it can also be very profitable if done correctly. Staking: Staking is a way to earn passive income with your cryptocurrencies.

It is possible to earn $60 daily with Binance, but it is important to note that there is no guaranteed way to do so. Cryptocurrencies are a volatile asset class, and there is always the risk of losing money.