Ways to earn crypto passively

in Steem Alliance10 months ago (edited)

Yeah friends! Earning crypto asset has become more easier and better, making it simpler so everyone can participate and earn while the learn. So i decided to write 6 Ways to make money easily.

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from Canva

Staking:
As the name implies Staking involves the holding cryptocurrencies in a secured and frozen wallet with sole purpose of supporting a blockchain technology , operations and secure transactions. It's a good way to earn passively, rewards are got without requiring high crypto or technical knowledge. Proof of Stake (PoS) allow people/users to stake their own tokens easily through their supported wallets. As a user you can earn well from stalking as you will be rewarded for the stalking activities. The rewards are giving in according to how much you stalked on the platform.

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From Tron link

Interest-Earning Accounts:
Several platforms like crypto exchanges like Binace and Bybit offer opportunities for users to invest their assets interest or yield on with cryptocurrencies, just as we see in savings accounts. Users can would be paid passively with interest from depositing their crypto assets into these platforms. Most crypto exchanges support this feature on their platform, the difference between it and staking is that staking is to help the blockchain grow successfully but interest is for personal reasons to grow your money.

Airdrops :

Participating in airdrops and is the easiest way to straightforward way to earn free cryptocurrencies asset. New project often share crypto token for promotional purposes,
by rewarding participants for joining communities, following social media accounts, or completing simple tasks with their new token. You can use site like CoinMarketCap to constantly check list of ongoing airdrops and join.

Affiliate Programs:

Affiliate marketing programs offered by various cryptocurrency platforms like Bybit crypto exchange and Binance crypto exchanges permit users to earn rewards by referring new users or customers. It usually comes as a referral contest. This platforms Uses referral programs that reward users with commissions as rewards in cryptocurrency for successful referrals. This is by clicking shared affiliate link and getting people through that link.

Mining:

Another easy way to earn crypto is by mining crypto from their reward poll, commonly we all know of pi mining and how the coins generate large profits to older miners because they have generated so much to make the rich with no investment attached. Also the Miner or validators of Blockchain also make money mining and producing blocks. There are so many people who have changed their life fri crypto money from mining and I would advise you do so as easily as possible.


In Conclusion

In your quest to achieve greatness and wealth please be careful because there are so many scammers with scam project, ensure you take news from only legit source, this would help you reduce risk of falling victim of scam or q phishing link. Thanks for going through.

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 10 months ago (edited)

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