Topic: How to earn from Cryptos in Binance and Trustwallet (Read 205 times)
Apart from just holding and trading, staking your coins and tokens is another good way of earning. However, before you lock a certain amount of coins or tokens for a certain period of time, just make sure that it’s something you can afford to lose. Risk management is always necessary when you hold, trade, stake, etc.
Thank you everybody for solving my doubts,
You are focusing on the staking binance supported with this kind of feature which they called as Earn feature all you need is to stake your assets as a user you have the rights when you want to hold your assets and automatically deposit the coin inces it deposit on your wallet. If you want to stake it's not ideal to have a small amount because you cannot feel the profit. Some of the coin today requires approximately $10 before you can buy or sell your assets also if you want to transfer it cost another fee which depends on the market congestion.
first amount that you invested is so little when you see low apr/apy on binanance make your return so low, pancakeswap and other yield farming app out there give you high apr and app like pancakeswap doesnt using locked feature so you can unlocked everytime you want.
try increse amount and look good project with high apr. but most staking doesnt give much return try farming if you want the high risk, high risk high return
try increse amount and look good project with high apr. but most staking doesnt give much return try farming if you want the high risk, high risk high return
That's safe way to earn actually however there are more opportunity when you do some trading at higher gains. I am also staking some tokens but of course I am more Conservative due to valuation could loss anytime. So I am staking some stablecoin and doing some trade on some major coins. Yes its kinda hard to earn big from staking especially if you only stake a little quantity. The more tokens you have for staking then more good.
2. In each low cap cryptos I have initial investment of only $5. So I want option where fees are not charged.
No one knows which one has potential especially low cap seems risky to put investment and most of them may be manipulated with whales or just hype coins.It seems like gamble your money there if you have a big amount to invest which is also has a big return. But as I heard once listed on Binance that is a good and high potential coin but ain't know if that's true.
I would go to spot trading or scalping which gives a high potential of return, $5 seems small capital to start with, and even staking isn't worth it to wait for a long time. All of these are very crucial stuff that needs to have studied technically and it won't simple advice or tips which one is good for investment because all of them are the unpredictable price which is still unknown.
Go to the wallet section of Binance, which will show the list of assets you hold. In the right most part of each listed asset, you'll find earning options provided by Binance for that particular asset.
This is the best way.Couple hints:
Flexible savings gives lowest profit because you can redeem anytime (keep your asset here only while waiting for better opportunity).
Fixed savings are better but asset is locked for given period. Best deals are usually sold out and you have to check for free slot regularly.
Liquidity provider is interesting because you can earn whatever assets you provide + BNB ( directly at binance - go to Liquid Swap, search your asset, click Liquidity ...)
In simple: When someone uses swap he sends one asset to pool and takes the other (to make it possible this asset has to be present in pool).
Here comes liquidity providers to fill the pool. As reward they get part of swap fees.
Note it's better to always provide both assets ( if you provide only one, half is used to purchase the other one ).
Trust wallet/ pancake
I would not recommend using pools and farms with low amounts. The initial and withdrawal fees can consume couple months profit.
(it's on chain so every action you made is interaction with blockchain and you have to pay fee)
2. In each low cap cryptos I have initial investment of only $5. So I want option where fees are not charged.
Usually, every transaction you make has a little fee if they're not with the ethereum network. And somehow BSC sometimes fluctuates on its transaction fee.So if you're looking for an option where you won't be charged then you just have to keep them. Because once you send them to another wallet, you'll be charged.
And even if you keep to an exchange and there's the time that you need to trade, you'll be charged too but that's very little amount. IMHO, it's not worth it to hold just around $5 of those tokens that you have.
Go to the wallet section of Binance, which will show the list of assets you hold. In the right most part of each listed asset, you'll find earning options provided by Binance for that particular asset.
There are many sources of income that can be worked on. not just from binance or truswalet, because binance is just an exchange and trustwallet is a wallet app.
Earn money by trading on Binance or other markets.
But trading requires capital.
Make money for free without the need for money, can do some of the latest airdrop tasks. it will be an opportunity to earn free income or free money. Investing with cold money will be more comfortable than using money that is still needed someday.
Earn money by trading on Binance or other markets.
But trading requires capital.
Make money for free without the need for money, can do some of the latest airdrop tasks. it will be an opportunity to earn free income or free money. Investing with cold money will be more comfortable than using money that is still needed someday.
If you really can wait for that, you can stake at the flexible earn. I think that's the most friendly when it comes to locking in your money in the long run. It's going to take some time for you if you want high returns. As for the low cap crypto, it's going to be tricky if you start with $5 because that's going to take you a long time to profit, which might be more than six months.
You can earn more if you trade with your capital. This is true if you are good at trading and consistent. Best to practice on it and decide what you want to buy and not distribute such amounts to different low cap coins that may or may not increase in price whatsoever.
You can earn more if you trade with your capital. This is true if you are good at trading and consistent. Best to practice on it and decide what you want to buy and not distribute such amounts to different low cap coins that may or may not increase in price whatsoever.
Friends, I have a few cryptos in Binance, which I don't want to sell anytime in near future. Atleast for 6 months from now.
Cryptos in Binance are High Cap cryptos like VET, MANA, SOL, ETH, BNB, ADA, ICP, and many others. Currently, I have added in FLEXIBLE earning. Quantities are of approx $15 each.....I see earning is very much less in FLEXIBLE earning. Is there any other option to earn more money on Binance?
Also, I have some low cap cryptos in Trustwallet (TW) like ANRX, MYRA, WND, FINA, ASPO, etc.....These are idle for few days......is there any way to earn from this. I cannot see, STAKE options in all these cryptos. There is the option of STAKE in TRX, but in all other, there is no such option. All cryptos are of BSC chain only. On PANCAKE, I can see there is option of LIQUIDITY, FARM and POOLS. But, I am not able to understand those things. Can you please guide me? For pancake I have below doubts
1. Can I get back my crypto any time I want, or they are for locked period. As this is low cap cryptos, I don't want to lock it. I want it back whenever I want back
2. In each low cap cryptos I have initial investment of only $5. So I want option where fees are not charged.
Please guide
Cryptos in Binance are High Cap cryptos like VET, MANA, SOL, ETH, BNB, ADA, ICP, and many others. Currently, I have added in FLEXIBLE earning. Quantities are of approx $15 each.....I see earning is very much less in FLEXIBLE earning. Is there any other option to earn more money on Binance?
Also, I have some low cap cryptos in Trustwallet (TW) like ANRX, MYRA, WND, FINA, ASPO, etc.....These are idle for few days......is there any way to earn from this. I cannot see, STAKE options in all these cryptos. There is the option of STAKE in TRX, but in all other, there is no such option. All cryptos are of BSC chain only. On PANCAKE, I can see there is option of LIQUIDITY, FARM and POOLS. But, I am not able to understand those things. Can you please guide me? For pancake I have below doubts
1. Can I get back my crypto any time I want, or they are for locked period. As this is low cap cryptos, I don't want to lock it. I want it back whenever I want back
2. In each low cap cryptos I have initial investment of only $5. So I want option where fees are not charged.
Please guide
Earnings from Binance are way below market rates. You should park them off in custodial wallets like Nexo/ Hodlnaut or DeFi platforms like Cake Defi.
For those unheard coins though, DeFi platforms are the way to go. Some might support pairing so you'd need another token for liquidity.
Quote
1. Can I get back my crypto any time I want, or they are for locked period. As this is low cap cryptos, I don't want to lock it. I want it back whenever I want back
Usually there's a performance/ unstaking fee for a short period of time to avoid people simply removing their contributions. But even if you manage to avoid that, there's a risk of impermanent loss.
Friends, I have a few cryptos in Binance, which I don't want to sell anytime in near future. Atleast for 6 months from now.
Cryptos in Binance are High Cap cryptos like VET, MANA, SOL, ETH, BNB, ADA, ICP, and many others. Currently, I have added in FLEXIBLE earning. Quantities are of approx $15 each.....I see earning is very much less in FLEXIBLE earning. Is there any other option to earn more money on Binance?
Also, I have some low cap cryptos in Trustwallet (TW) like ANRX, MYRA, WND, FINA, ASPO, etc.....These are idle for few days......is there any way to earn from this. I cannot see, STAKE options in all these cryptos. There is the option of STAKE in TRX, but in all other, there is no such option. All cryptos are of BSC chain only. On PANCAKE, I can see there is option of LIQUIDITY, FARM and POOLS. But, I am not able to understand those things. Can you please guide me? For pancake I have below doubts
1. Can I get back my crypto any time I want, or they are for locked period. As this is low cap cryptos, I don't want to lock it. I want it back whenever I want back
2. In each low cap cryptos I have initial investment of only $5. So I want option where fees are not charged.
Please guide
Cryptos in Binance are High Cap cryptos like VET, MANA, SOL, ETH, BNB, ADA, ICP, and many others. Currently, I have added in FLEXIBLE earning. Quantities are of approx $15 each.....I see earning is very much less in FLEXIBLE earning. Is there any other option to earn more money on Binance?
Also, I have some low cap cryptos in Trustwallet (TW) like ANRX, MYRA, WND, FINA, ASPO, etc.....These are idle for few days......is there any way to earn from this. I cannot see, STAKE options in all these cryptos. There is the option of STAKE in TRX, but in all other, there is no such option. All cryptos are of BSC chain only. On PANCAKE, I can see there is option of LIQUIDITY, FARM and POOLS. But, I am not able to understand those things. Can you please guide me? For pancake I have below doubts
1. Can I get back my crypto any time I want, or they are for locked period. As this is low cap cryptos, I don't want to lock it. I want it back whenever I want back
2. In each low cap cryptos I have initial investment of only $5. So I want option where fees are not charged.
Please guide
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