Going from registering on Binance to earning passive income only takes a few simple steps. First register on Binance to create your account, and download the Binance APP to manage your investments right from your phone.
Step 1: Register and Verify
- Register a Binance account using your email or phone number
- Set a secure login password
- Complete KYC identity verification
- Enable Google Authenticator and other security settings
Step 2: Fund Your Account
- Buy USDT with CNY through P2P trading
- Or deposit cryptocurrency from another platform
- Confirm the funds have arrived
Step 3: Choose an Earn Product
Select the right product based on your needs:
- Looking for flexibility: Choose Flexible Earn for deposits and withdrawals anytime
- Seeking higher returns: Choose Locked Earn to lock funds for a period
- Long-term investing: Set up Auto-Invest for BTC or ETH
- Automated trading: Use the Grid Trading bot
Step 4: Start Earning
Deposit USDT or other crypto into your chosen earn product, and returns will be calculated and distributed automatically. Flexible products settle daily, while locked products return both principal and interest upon maturity.
Expected Returns
Returns vary by product. Flexible USDT earn offers approximately 1%-5% APY, while locked products may offer higher rates. Avoid chasing unreasonably high returns, as high yields often come with high risks.