How to make money online in Binance app
If you are looking for a way to make money online and want to know how to do so, then this article is for you. I will teach you everything about how to earn from the Binance website and other sites like PayPal or Amazon.
I have been an active user of Binance since 2013 because it was easy to use, it had great features for trading online and there was a lot more in the application than people realize! This is what made me choose Binance and other applications that allowed you to make money online. The most important thing though, is that with these websites you can also trade on cash apps like Paypal or Apple pay. So if you are interested in making money online or want to make real money, there is money for you. You can start by reading my comprehensive guide which teaches how to do all of the things I did and more!
For Joining Binance click here![]() |
How to make money online in Binance app |
Now let’s get started.
Step 1: Download the Binance Website and start Trading
Binance has its own desktop and mobile version you can download it from here.
After downloading the website there are several steps that need to be completed before using it.
Step 2: Open Binance and register (or sign up) yourself. Then go to the main page and take your password. After registering you can make purchases, such as buying BNB which is used when holding $1,000.
Step 3: Create an Account and create and Add Credentials. These can also be changed when purchasing something and making payments. I chose Binance over many other platforms because of its ease to use, fast growth, and stability.
Step 4: Buy BNB and BTC. There is another option on their site to buy Tether but they don’t use them anymore. For example, BNB was valued at over 50 USD for some time. Tether is much safer and I recommend that you buy it instead. Most users only have one account per name (like mine), but you can transfer funds between accounts and change them. Just click on the ‘change my settings’ button to see all options. I am going to explain each one here.
Step 5: Choose where you want to live on BNB
In Africa, the number of users is very high and you can find plenty of places to trade BNB and other coins. My first question is whether they will give you money when you are done. They gave us almost 200,000 ETH to use and they didn’t give us anything else. It was even worse in India and some other locations.
As I said earlier the amount of money is minimal and we had to wait for our tokens every day. Some places might charge you for certain amounts of Tether, depending on whether it is for a new user or an old account. Here is the price map.
The exchange rate (Tether = 0.3 ETH) is worth around 1200 USD to 1000 USD or less, but not more than 2000 USD per week. At first glance, the price seems fair but in reality, they are charging too much. However, once you start trading it you will always have no choice but to pay for your tokens every day to keep up with liquidity and to get your tokens on time so the market stabilizes.
You will receive a balance in just under two weeks of trading. Not everyone gets it right away, but each time you manage to stay up with trade volume you are eligible for a bonus. As you gain more traders you will become eligible for bigger rewards.
Now when you can create multiple accounts you definitely want to work on those bigger ones…
Step 6: Set your Fees
The fees are a little bit higher than normal market rates for BNB but there are quite many ways to reduce them. But with good execution, I feel that I should be able to reach 20% profit without raising any questions.
These fees are also dependent on the location of your country. They say it is $5 per ETH. So there is a big difference between the prices of different countries where you can use BNB.
When we had to set fees we wanted to give everybody the same amount of money. Since we were selling $1,000 we decided to give everybody a whole million BNB as a minimum margin, which translates to a maximum of 100 ETH. Another scenario is when a user wants to buy a transaction or enter a transaction into his account he has the right to sell this transaction at $1.00 a token. That means if that user wants to do that action at least 500 USD a month has to be provided as a bonus. He is limited to 10 transactions before being able to withdraw $1,000. This is to avoid scams. When setting the fees you have to stick with the minimum on the platform. By default, we have chosen to set the fee to $2.00 and our goal was to raise $1,000 within 72 hours (without waiting). That is why we are still working hard to achieve that.
There is a list of countries with low fees and others with high fees. Here’s how many countries there are:
Germany - $0.02/ETH
- $0.02/ETH Poland - $0.05/ETH
- $0.05/ETH Sweden - $0.07/ETH
- $0.07/ETH Singapore - $0.11/ETH
- $0.11/ETH USA - $1.50/ETH
- $1.50/ETH France - $2.26/ETH
- $2.26/ETH Russia - $3.50/ETH
- $3.50/ETH South Korea - $4.25/ETH
- $4.25/ETH Japan - $5.25/ETH
- $5.25/ETH South Africa - $5.50/ETH
- $5.50/ETH Brazil - $6.25/ETH
- $6.25/ETH Bangladesh - $7.25/ETH
- $7.25/ETH Nepal - $8.00/ETH
- $8.00/ETH Vietnam - $8.50/ETH
If you are running on the internet, you can run ads as well. We try to make the ads friendly and you don’t have to worry about paying anything on the web.
Step 7: List Your Coins
If you want to sell your coins to someone you use the exchange for listing. For instance, if you want to change your holdings in BNB we can send a message to whoever buys BNB to show they have added it to their wallet. Now to list your coins from BNB you have to open your wallet and check out these exchanges.
Here is a link to the official exchanges: https://elp.binance.com/listing-coins
If you have some altcoins that you would like to list you can list them there too. All you need is to follow the rules. You will still have to go through the full process because they will charge a small commission from your transaction. Once you complete your list you can see it and send a notification to let everybody know that you have finished adding your coins. That is quite convenient, especially if you have a long list. The best part is that you can see them in the table as a separate entities.
If for some reason you don’t like the list you can delete it. When you finish writing your list you will get a confirmation email with all of your lists. So click on “delete” below and leave your list. Please remember, you can choose to send notifications if you want for that reason. And if you wish to remove your coins then you just need to write down all of the addresses and send a push notification saying that you no longer want crypto and delete your list too.
I have already listed some Bitcoin, Ethereum, Litecoin, Ripple, and others on Facebook. So please visit my profile to know more about how I work and read the articles, you can always contact me. Also, don't forget to check out my Instagram profile as well, I publish every Friday!
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