Crypto Passive Income on Binance

Photo by André François McKenzie from Unsplash
Photo by André François McKenzie

Savings accounts in the Philippines yield low interest rates. I applied for multiple accounts and here are the Annual Percentage Yields (APY) I receive from best to worst:

  • GCash x CIMB (3.1% to 4% depending on your balance)
  • BDO Optimum (1.25%)
  • BDO Savings (0.25%)
  • BPI (0.25%)
  • Metrobank (0.25%)
  • Security Bank (0.15% to 0.30% depending on your balance)
  • Unionbank (0.10%)

Investing in crypto can solve this problem. Rewards in crypto can be very high but the loss can be the same if you don’t know the game because the market is very volatile.

I’ll share some tips on how protect your crypto assets.

There are a lot of ways to start your crypto journey such as, PDAX, Coinbase, Uniswap, etc. But let me start with Binance as it’s the best and easiest option for me. You can simply cash-in using credit or debit cards.

1. Liquidity Mining on Binance Launchpad

You earn tokens by providing liquidity. When you invest, Binance will use your funds for trading and you will earn a portion from fees. The earnings will be the currency you invested.

In this example, I staked 500 BUSD which is the stable coin of Binance and I was rewarded with 232.38 REEF tokens in just a week.

When it was listed on Binance, it spiked as high as $0.30. That’s $69.71 or 14% ROI in just a week.

Liquidity Mining Risk Level: Very Low to no risk

2. Liquidity Provider on Liquid Swap

This is very similar to Liquidity Mining, but the rewards would be the coins you staked.

I suggest staking stable coins only such as BUSD, USDT, DAI, USDC. Staking non-stable coins can be super risky.

Don’t worry. Staking stable coins can go up as high as 30% sometimes if the demand and volume are high.

Liquidity Mining Risk Level: Very Low to no risk

3. Spot Trading

You can take advantage of the price changes. You can do short term trades or long term holds (or known as #HODL).

Short Term Sample:

GRT spiked 27x in less than 3 days.

Long Term Sample:

Bitcoin spiked around 14x since the COVID crash from $2,000 to $28,000 as of today.

How to know if a coin or token will spike? Read news on Twitter for token airdrops, YFI Ecosystems or Andre Cronje projects, Binance Listing, Coinbase Listings, partnerships, and enterprise adoptions.

If you think this is something that excites you, create an account on Binance by clicking this link.

Disclaimers and Reminders:

  1. I’m not a financial advisor and this is just my personal notes.
  2. Crypto markets are very volatile. If you choose trading and you just started, consider converting your funds to stable coins (USDT, BUSD, DAI, or USDC) before the day ends.
  3. Don’t be greedy on trades. Sometimes 1% a day is good enough. That’s 365% in a year.

I’m a developer and entrepreneur from the Philippines. Connect with me on LinkedIn at and Twitter at