Guide: How to Make $200 Monthly with Crypto on Binance
Guide: How to Make $200 Monthly with Crypto on Binance
Discover proven strategies and steps to earn $200 monthly through cryptocurrencies. Whether you're a beginner or an experienced trader, explore various approaches to generate daily profits in the dynamic crypto world.
1. Staking and Earning Interest:
- Hold your crypto and stable coins on Binance.
- Lock in your funds for a period to effortlessly earn interest.
- Binance offers staking options with potential returns of around 5% per year.
2. Participating in Airdrops and Giveaways:
- Join airdrops for free crypto in exchange for services or promotions.
- Explore NFT and crypto giveaways, especially on platforms like Twitter.
- Consider NFT flipping, buying and selling NFTs (e.g., on Solana) for profit.
3. Trading Altcoins:
- Analyze the top 20 altcoins using CoinMarketCap.
- Evaluate market cap and performance over 24 hours, seven days, and 30 days.
- Popular projects include Ethereum, Solana, Doge, Avalanche, Polygon, and Chainlink.
- For higher risk and reward, explore coins with lower market caps.
- Beginners may stick to the top 20 coins with established investments.
4. Fear and Greed Index:
- Utilize the Fear and Greed Index to assess market sentiment daily.
- Extreme fear may signal buying opportunities, while extreme greed suggests profit-taking.
- Look for moments of extreme fear to make purchasing decisions and extreme greed to consider selling.
