Best way to earn from cryptocurrency....!
Hello everyone how are you all hope so everyone is well and good so friends today i will be showing you some of the best ways to earn from cryptocurrency and that too without any practical knowledge or experience.
Staking
So you might have heard about this term staking which is nothing but locking up your cryptocurrency and in return you get some extra rewards for performing this action.
Some of the place where you can stake your crypto are:
Steem
Yes you heard it right you can power up your steem and earn around 30% APY yearly by delegating it to others which means for every 1000 steem you will be earning 300 steem extra every year amd that too without any work.
Pancake
Pancake has been one of my most favourite crypto of all time as the price of cale is quite stable and at the same time it posses some high APY of around 68% which is great.
So with a investment of around 1000 cake you will be having 680 cakes extra at the end of next year which is insane.
There are many staking platform out there with low to high APY so it's up to you with which platform you have to go.
In my opinion these two are one of the most secure and best earning ways.
Thanks friends have a great day ahead.
Greetings @sumit71428
Staking is one of the best and smartest way to earn more from cryptocurrency most especially when you are earning high returns for your staking activities just like you can earn free RBS tokens when you stake steem.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead ❤️💕❤️
What is this RBS token can i get some details about it so that i can research more on it.
hello @sumit71428,
there are several ways to earn coins, one of the ones that has given me the best results are the Defi systems, without a doubt they are a marvel. this year i will go deeper into these systems, i will also increase the steem delegations which is another source of income.
Wow that's something new I have seen regarding the pancake I will definitely check out the same.
As the reward is very high 68% is very good reward and will definitely tell others also regarding the same.
Hello @sumit71428
No doubt that making Stake is one of the best ways to have passive income, the detail is that we must manage a relatively large capital so that one can say that even live on it. Although what is earned in this way is always good, I agree.
Steem is still one of the safest investments we can make, we always have our capital in our possession, which I think is great.
True we definitely need some huge amount of capital to live on those income and yes i am trying my best to build one.
Hi my friend, the ways you have mentioned are good ways to obtain passive income with low risk, making stakes seems to me a very intelligent way to generate income, the disadvantage is that to obtain a really high return you have to bet a good sum, but in general for the low risk I think the margin is very good, and without doubt that delegating the SP that we are not using is the safest way to generate extra income.
Stake and earn is one of the best thing in crypto and I use both that you have shared over here. Steem and pancake both are doing great and surely an option to earn decent earning through these platforms. Nice post
There are many different ways to earn money with cryptocurrencies, undoubtedly the options you give are very good for those who are holders of cryptocurrencies, greetings and thanks for showing us your valuable contribution.
Thanks for showing us the different ways to make money in cryptocurrency especially steem.
Welcome brother.
very good
I really cannot help but wait to have enough steem power so I can stake as well, I have seen people who earn passively through staking and I really want to be a part of it as well.