Trade Using Swap Farming and Claim BNB Rewards
When you do Binance Swap Farming with this link, you will get a 50% discount on costs on BNB! Unlike fee reductions on the Binance spot market, which require you to use a reference code and/or keep 500 BNB, Liquid Swap will refund up to 50% of all fees paid on most trading pairs, whether you use the code or not!
In this article, we will try to show you everything you need to know about Binance Swap Farming and receiving payments on BNB.
What is Swap Farming?
Swap Farming is the name of the platform and tripe where you trade using Binance’s Liquid Swap platform (Binance’s Automated Market Making AMM platform) to maximize your BNB discounts. Liquid swap is a low-cost, easy-to-use alternative to standard exchanges that work similarly to decentralized exchanges such as PancakeSwap and Uniswap.
In other words, anyone can put both sides of the book by providing liquidity to the Liquidity Pool of a trading pair, and traders can then receive liquidity from both sides of the pool (ideally, especially for small orders).
For more information on providing liquidity to a pool and clearing farming, please https://www.binance.com/en/swap visit <url>. For now, let’s ignore liquidity farming and focus on liquid swaps and swap farming.
Let’s start with how to farm and how to get the most out of your BNB.
How to Use Binance Liquid Swap for Swap Farming
This section will walk you through the process of creating a Binance account and using Binance swap farming to collect BNB.
Please note that in order to use Binance Liquid Swaps, you must first create a Binance account. If you don’t have a membership yet, use our Binance Liquid Swap reference link to register.
Don’t forget to verify the account after creating your account so that you can use all Binance services and for your safety.
1. First, go to the Swap Farming Page
You don’t need to register on another platform to trade; liquid swaps are available to all verified Binance users; browse Swaps by selecting [Buy-Sell] -> [Swap Farming].
You can also go to the [Liquidity] tab to select your swap from a list, or to add liquidity to a pool, or to withdraw liquidity from the pool.
2. Select Your Trading Pair
To change a pair that gives a discount, click on the box next to “Filter all award-winning tokens”. You can also get a list of refund amounts by clicking on the ”see all” option.
After confirming which pair you want to exchange, select the coin you want to exchange on the [Asset to be sold] and [Asset to be received] order form.
3. Enter the Amount You Want to Exchange
Enter the [available] amount that you want to change. You can also write down the amount that you want to replace with [Asset to be Received].
The rest of the form will be filled out automatically for you, so you have a choice.
4. Click Make a Trade
To make sure that you will not lose money if the price moves, study the possibilities of slippage, and then confirm the deal using the [Swap] button.
Please note that shifting means the percentage at which your order is expected to change price. Large orders can cause a large amount of slippage. To minimize slippage, enter a large number of small orders instead of a single large purchase. You can also change the shift by tapping the gear symbol on the order form.
5. Click Get Rewards and Earn BNB!
After each transaction, you have the option to claim your swap rewards or allow them to accumulate them. Click [Get Rewards] to claim your swap rewards. Following this, your barter rewards will be delivered to your Spot Wallet.
Under the [History] tab, you can always check your Clearing and Claims history. This is a convenient method to keep track of all your transactions and BNB earnings.
Swap Farming on Mobile Devices
If you want, you can also do swap farming through the Binance Application.
- Click on the [More] Tab
- Open the [Buy-Sell] section
- You can also access Binance Swap Farming by tapping the [Swap Farming] section.
What Are The Risks İnvolved?
Swap Farming offers all the advantages that Binance knows about. Your money is as completely SAFE as ever. There is no chance of losing money when you use Swap Farming, so you can use it safely. What is there that is almost minimal risk and will not enjoy great rewards?
In addition, unlike other AMM services, there is no obligation to access external decentralized applications. With just one click, you can go to the user-friendly interface of Swap Farming from the Binance site.
Any deal or swap risks slipping, resulting in a different price than you expect. Due to Binance’s industry-leading liquidity, this risk has been reduced with Swap Farming. Swap Farming, in fact, provides more than 100 trading pairs, each of which has high liquidity.
Earn BNB with Swap Farming!
Now that you understand how Liquid Swap and Swap Farming work, let’s focus on how to increase your returns.
In summary, the easiest approach to optimizing Swap Farming yield is:
- Trade only with matches that have a 50% BNB return.
- To earn money from your BNB, buy tickets from the NFT page and be eligible to participate in the NFT pre-launch!
- Make high-volume and profitable swaps.
The simplest thing to do to get started is to concentrate on trading one of the few pairs that gives the full 50% payment. This 50% refund is the key to clearing unless you have a really solid transaction.
Participate in Swap Farming Events!
https://www.binance.com/tr/support/search?type=1&q=takas%20farming You can check if there is any activity related to Swap Farmning via this link.
Finally, if you can make profitable and regular deals, you can accumulate a large amount of BNB. Let’s say you made a profit, although not very large. As a result of this, you will still receive BNB. Therefore, in principle, you can trade a lot of good and earn a steady supply of BNB, resulting in a profit, as long as your net trading result is positive after the costs.
Although it is difficult to create consistent transactions with a good net result, API support for liquid swaps is available for those who have the right automated tools. In conclusion, it is worth emphasizing.
Result
Swap Farming is the practice of earning BNB by trading liquid swaps. In the worst case scenario, this is just a simple way to trade with the return of excess costs paid on BNB. At best, this is a Binance Earnings-based machine that you can use to increase your BNB stack while making transactions that will benefit you in the long run.
If you have any questions or comments, or would like to share your own BNB stacking strategies, please leave them in the comments section below!
Finally, don’t forget to also provide liquidity on the other side of swaps!
For more information about Binance Liquid Swaps and Liquidity Farming, see Binance’s Swap Farming FAQs and Binance’s Liquidity Farming FAQs.
