How to Generate Passive Income on Binance

Kawin Mattapa
2 min readJan 8, 2022

Deposit with bank interest 1% per annum Deposit with Binance interest 7–100%

Link to open an account with Binance to generate returns.
Passive Income : https://bit.ly/3MtjYQ4

Binance is an exchange with a strong focus on the DeFi project, with a feature that allows for crypto-currency to be locked in the Binance Liquid Swap, an AMM Liquidity Pool located on Centralize Excahnge. The first centralized market The purpose is to allow Binance users to conveniently deposit coins for rewards and to choose from a variety of coins to deposit.
Deposit pairs currently range from BUSD/USDT, BUSD/DAI, USDT/DAI and USDC/USDT, with Binance Liquid Swap yielding an APY calculated every 7 days, however APY yields are subject to change. Currently, each coin pair can generate 8–10% returns.
Binance also has a DeFi Staking feature which brings together reliable DeFi Protocols like Curve, Kava and Compound in one place with cryptocurrencies like Bitcoin, BNB, BUSD, USDT and DAI to choose from.
Investors can choose either Flexible Deposit, meaning they can withdraw our locked coins at any time, taking about one business day to withdraw. Or to choose Locked means the coins must be locked within the specified time frame. If withdrawn first, no return will be received during the lock period. Before making an investment decision, you must study well.
Those who wish to avoid Bitcoin price volatility can opt to deposit some cryptocurrencies in the DeFi Protocol for passive income. But it must be kept in mind that this form of investment carries risks as well.

Link to open an account with Binance to generate returns.
Passive Income : https://bit.ly/3MtjYQ4

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