To make money in a halal way on Binance, it is important to adhere to activities that comply with Sharia principles, and avoid any transactions that involve usury or gambling. Here are some ways:
1. Buy cryptocurrencies and invest long term (HODL)
Buy strong cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) and hold them for the long term, with the intention of profiting from their future appreciation.
Do not use leverage, as it may involve illegal transactions.
2. Staking
Invest in cryptocurrency storage to earn steady returns. Make sure the currency and project do not involve interest.
Look for transparent blockchain-based currency storage options.
3. Manual trading
You can buy and sell cryptocurrencies directly based on market movements, without using leverage or futures contracts.
Focus on market analysis and stick to live trading.
4. Participate in new projects (Launchpad)
Invest in newly launched cryptocurrencies on the Launchpad platform, provided that you are sure of the legitimacy of the project and its objectives.
advice:
Look for legitimacy: Make sure the currency and project are legitimate.
Avoid futures and derivatives: as they may contain practices that are not Sharia compliant.
Consult a Sharia specialist: If you are unsure about a particular transaction.
By choosing these methods, you can make profits that comply with the principles of Islamic Sharia.
