Day 5: Farming New Tokens and Yield – Launchpool and Liquid Swap
Want to get creative? Binance Launchpool and Liquid Swap allow you to earn even more.
- Launchpool: Stake your BNB or USDT in Launchpool to earn new tokens before they go live in the market. Some early participants have seen massive returns.
- Liquid Swap: Deposit two different types of crypto (like BNB and USDT) to provide liquidity. You’ll earn a share of trading fees and farming rewards.
These tools are powerful, but also carry some risks.
Therefore, I recommend you to always do your research first and start small in the beginning.
Day 6: Trading and P2P Fundamentals – How to Make Your Knowledge Profitable
Passive income is fantastic, but why stop there?
Let’s get to know some basics of crypto trading on Binance.
- If you’re unfamiliar with trading, then I suggest you to watch Binance tutorials or YouTube videos on spot trading.
- Then, Practice with small amounts in the “Spot Trading” section.
- Try Binance P2P. Buy and sell crypto directly with other users.
- Explore the referral program. Refer friends and earn commissions on their trades.
Trading and P2P can be both fun and profitable, but remember to be disciplined and patient.