5 Ways To Earn With Binamon (play to earn, battles, NFT staking, farming, NFT trading)
Let me guess — you want to earn while playing Binamon, right?
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Of course you do!
In this article, we’re going to show you the countless ways you can earn while playing in the Binaverse, including:
- Staking NFTs
- Farming
- Battling
- Playing to Earn
- NFT Trading
Let’s dive in!
Staking to Earn
The first way you can earn is by simply staking your NFTs.
You’re going to have NFTs when you dive into Binamon anyway, so let’s put them to good use. On the Binamon NFT page, click on ‘Collection’ to see your list of Binamon monsters.
Don’t have a Binamon yet? Check out our article on how to buy your first NFT.
Once you’re there, you’ll see a list of your monsters, along with a few buttons up top.
Hit the 2 ‘Approve’ buttons up top to approve the transactions.
Once that’s done, you’ll see a button below each card:
This number represents the amount of BGPWR tokens you’ll get, or Binamon Genesis Power Tokens. You can click on this button to convert your NFTs into tokens — but don’t worry! You can always convert your tokens back to NFTs at any time.
You’ll now see a new interface indicating the amount of tokens you have in purple, along with the amount of tokens you can potentially receive from your remaining Binamons in yellow:
Now, to start earning using your new BGPWR tokens, you’ll want to click on the ‘Rewards’ tab and look for the pools that have ‘BGPWR’ in them:
…Which brings me to the next way you can earn:
Farming to Earn
Ahh, good ol’ farming.
If you’re experienced in the yield farming space, then you’ll know just how great farming can be to potentially earn you income. (Even while sleeping!)
To start farming, you’ll want to head on over to the ‘Rewards’ tab again, where you’ll see a list of different farming pools available. There are several options (availability might change over time) for farming in the Farming page, such as:
- Stake BMON, earn BNG
- Stake BMON-WBNB LP, earn BMON
- Stake BMON-WBNB LP, earn Z1
- Stake BMON-WBNB LP, earn BNRG
- Stake BMON-Z1 LP, earn Z1
- Stake BMON-BUSD LP, earn BNRG
- Stake BMON-BNRG LP, earn BNRG
- Stake BMON-Z1 LP, earn BNR
- Stake BNGR-BUSD LP, earn BNRG
- Stake WBNB-BNRG LP, earn BNRG
Now, when it comes to farming, you’ll always need 2 different tokens. And getting them is quite simple, really.
All you need to do is head on over to Pancakeswap and exchange them with the right tokens. For your reference, here’s a list of the contract addresses you’ll need to start trading:
📁 BMON: 0x08ba0619b1e7A582E0BCe5BBE9843322C954C340
https://bscscan.com/token/0x08ba0619b1e7a582e0bce5bbe9843322c954c340
📁 BNRG: 0xd8813B5Dfa9AbEB693F217Bb905ec99B66FB017C
https://bscscan.com/token/0xd8813B5Dfa9AbEB693F217Bb905ec99B66FB017C
📁 BMON-Z1: 0x80E15FE54e9D155f8366187A6a32BDEF9C2366c4
https://bscscan.com/token/0x80E15FE54e9D155f8366187A6a32BDEF9C2366c4
📁 BGPWR 0xc8a87a02053dd61ff24179668e5a7d5ec72ff4d1
https://bscscan.com/address/0xc8a87a02053dd61ff24179668e5a7d5ec72ff4d1
Still confused? Head on over to our guide on buying tokens for an easy walkthrough!
Battling to Earn
Next up we’ve got a staple in the Binaverse, battling to earn!
In the exciting Battle 3.0 feature, you’ll be able to pit your beloved Binamon to earn some extra tokens.
Woohoo!
In order to do that, you’ll want to head on over to the ‘Battle’ tab and select the Binamon you want to battle with. As you can see, you’ll get a win chance (your chance of actually winning), as well as a bet multiplier (which increases based on how difficult the battle will be).
You can bet BMON, BNB, BUSD, and BNRG tokens and earn tokens if you win!
- If you bet BMON, you will win BMON.
- If you bet BNRG, you will win BNRG
- If you bet BNB or BUSD, you will receive your prize in BMON with a real-time conversion rate with PancakeSwap and your reward (if you win).
Keep in mind that you’ll only be able to fight Binamon monsters of the same class. Generally, you’ll be able to fight stronger monsters if your Binamon class is higher.
But wait, there’s more!
Actively battling isn’t the only way you can earn with Battle to Earn. You can also play as a Defender. This means if other players attack your Genesis NFT and you win, you get rewards! Don’t worry — this process is completely passive, and you can earn rewards just by having a Genesis NFT!
IMPORTANT: Binamon, the Binamon Team, and its associates and holders waive all responsibility for a loss of funds. The results are randomly calculated using Random on chain methods, so we cannot guarantee any result.
Play to Earn
Who doesn’t love playing games?
In the world of Binamon, playing to earn is a feature that lets you take your Planet Crypton monsters and have fun in the process!
Binamon runner play to earn mini game will be launched on August 28th.
You’ll also be able to explore more of the awesome features of Binamon runner mini game as new features become released. Stay tuned!
Trade to Earn
OK, now onto the last way we can earn — trading!
As cryptocurrency lovers, you should feel quite at home with this one.
Of course, you can always trade the various Binamon tokens to earn. But did you know you can also trade your NFTs?
Instead of keeping your NFTs lying around, you can use the ‘Escrow’ system to trade your NFTs. Go back to the home page and hit ‘Appr. Escrow’ to start a sale with your NFT.
Once that’s done you can press another button that pops up that says ‘P2P Sell.’
Once that’s done, you can see a list of all the NFTs you’ll be able to sell on the ‘P2P NFT’ tab.
Now, in order to sell your Binamon, you’ll have to set a price (in BMON tokens) for how much you want to sell it for. Once that’s done, copy the unique code for the NFT you’ll want to sell.
Finally, simply give that code to a potential buyer of your NFT! All the buyer has to do is click on the ‘Buy NFT’ tab and input the code, where they’ll be greeted with a display of your lovely NFT where they can purchase it using BMON, BNB, or BUSD tokens.
Having trouble finding a potential buyer? No sweat!
You can simply head on over to Binamon’s official Discord channel where you’ll be able to find a list of potential buyers and even reach out to others!
Earning in the Binaverse? Dead Simple!
We hope you learned a little about the many different ways you can earn in the Binaverse!
From staking, farming, battling, playing, and even trading, it’s ultimately up to YOU to find out which methods suit your style best.
And of course, if you have any questions, please reach out to our Discord channel and join our amazing community to find out any answer you might have!
As always, have fun in the Binaverse and We’ll see you on the other side!
About Binamon
Binamon is a complete gaming metaverse of digital monsters. The Binaverse offers four ways to earn — reliving our childhood fun playing, battling, staking and trading while creating a huge network of people with the same passion.
