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!

 For Joining Binance click here