Can You Really Earn Passive Income on Binance?

There are many best ways to earn money in the crypto market, but not all of them are effective.

You need to learn about the features and the earning ways in order to earn a good passive income.

In this post I will try to make you guys understand about some of the best passive incomes where you will find in the #Binance exchange.

You all know that Binance is one of the largest exchange in the world and they have really a user friendly interface and also there are many features for its users in order they can earn a good income.

When you open the Binance exchange you will see a trading bot in the front of the page.

This is one of the best way where you can earn a passive income with your investment.

Among many of them, I like the spot/future grid strategy, which is one of the best one.

This is all about you have to guess the price of Bitcoin, whether it's moving upside or downside during the whole week.

If you find that Bitcoin is towards upside or bullish, what you will do is that you will set a specified range that you know will stay within this range.

You will open a long position in a spot grid with selecting the price range level and number of grids.

After that the bots will keep on trading for you after every percent movement.

I have always used spot/future grid strategy either in a spot or future market and it's always been profitable for me.

Right now, because the market is bullish, I have gone for long position which have given me so far good profit.

As I see that Bitcoin will reach its overbought, then I will go for short position and will set my spot/future grid strategy in favor of short.

The bot will keep on trading for me and will keep on giving me a passive income.

This is the technique that I want to explain with you guys and hopefully you have understand about

What do you people think, will spot grid or future grid strategy will be helpful to earn passive income? Will you agree with my thoughts? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

IMAGE TAKEN FROM CANVA

Thank You!
Best Wishes.