Crypto 101: What Is Binance Earn? (Part 3)
In the previous article, we learned about the Protected and High Yield types of Binance Earn. In this article, the other type, Auto-Invest, is also a way to help investors with specific strategies to profit.
What is Auto-Invest?
You may automate your cryptocurrency investments with Auto-Invest and get passive income. It is an investment strategy based on dollar-cost averaging (DCA). The cryptocurrencies you choose to buy on a daily, weekly, biweekly, or monthly basis are yours to decide.
To enable you to generate passive income from your investments, your purchased BNB will be automatically put into BNB Vault, and your other cryptocurrency purchases will be deposited into your Simple Earn Flexible Product account.
How to use Auto-Invest?
Log in to your Binance account and click [Earn] – [Auto-Invest]
You will see the available crypto for Auto-Invest subscriptions
You can choose to create a Portfolio Auto-Invest Plan to buy multiple cryptocurrencies in one portfolio or create an Auto-Invest Plan for a single cryptocurrency.
In addition, with the [Auto-Populate] feature, you can easily purchase a curated selection of multiple cryptocurrencies while maintaining complete flexibility to adjust their allocation within your portfolio plan.
Before subscribing, you can select the timeframe of an asset to check the simulated ROI. You can also click on the chart icon to see the asset’s historical performance.
You can see your ongoing Auto-Invest plans, Portfolio Value, and Profit & Loss under [My Auto-Invest Plan] from the Auto-Invest homepage
To manage your Auto-Invest plans, click [Plan Overview].
To view your Auto-Invest purchase history, click [Go to History].
Go to [Auto-Invest] to view all your plans
You can see your purchased crypto from [Auto-Invest History].
Conclusion
Binance Earn is one of the ways to help retail investors avoid the risk of price fluctuations or HODLers holding tokens in large quantities.
Binance Earn is only available on the Binance exchange with benefits for the exchange’s BNB token holders, in addition, other competitors such as Coinbase, OKX, or Huobi also have their own Earn mechanisms for each exchange. Translate. While the crypto winter is still lingering, this is one of the effective measures to help investors get through it.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
Author
Uncategorized
Crypto 101: What Is Binance Earn? (Part 3)
In the previous article, we learned about the Protected and High Yield types of Binance Earn. In this article, the other type, Auto-Invest, is also a way to help investors with specific strategies to profit.
What is Auto-Invest?
You may automate your cryptocurrency investments with Auto-Invest and get passive income. It is an investment strategy based on dollar-cost averaging (DCA). The cryptocurrencies you choose to buy on a daily, weekly, biweekly, or monthly basis are yours to decide.
To enable you to generate passive income from your investments, your purchased BNB will be automatically put into BNB Vault, and your other cryptocurrency purchases will be deposited into your Simple Earn Flexible Product account.
How to use Auto-Invest?
Log in to your Binance account and click [Earn] – [Auto-Invest]
You will see the available crypto for Auto-Invest subscriptions
You can choose to create a Portfolio Auto-Invest Plan to buy multiple cryptocurrencies in one portfolio or create an Auto-Invest Plan for a single cryptocurrency.
In addition, with the [Auto-Populate] feature, you can easily purchase a curated selection of multiple cryptocurrencies while maintaining complete flexibility to adjust their allocation within your portfolio plan.
Before subscribing, you can select the timeframe of an asset to check the simulated ROI. You can also click on the chart icon to see the asset’s historical performance.
You can see your ongoing Auto-Invest plans, Portfolio Value, and Profit & Loss under [My Auto-Invest Plan] from the Auto-Invest homepage
To manage your Auto-Invest plans, click [Plan Overview].
To view your Auto-Invest purchase history, click [Go to History].
Go to [Auto-Invest] to view all your plans
You can see your purchased crypto from [Auto-Invest History].
Conclusion
Binance Earn is one of the ways to help retail investors avoid the risk of price fluctuations or HODLers holding tokens in large quantities.
Binance Earn is only available on the Binance exchange with benefits for the exchange’s BNB token holders, in addition, other competitors such as Coinbase, OKX, or Huobi also have their own Earn mechanisms for each exchange. Translate. While the crypto winter is still lingering, this is one of the effective measures to help investors get through it.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
Coincu News
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