Earn crypto passive income

Earn Crypto Passive Income: TOP METHODS Revealed!!

By Guy

1️⃣ Centralised Lending 1️⃣

These are basically lending services that offer deposits and loans on a centralised platform. Those who deposit their crypto earn interest on those funds So, it’s pretty similar to how it works in a bank account. These services will hold your crypto and lend it out to generate interest. This interest is then paid to you in your account on a daily basis The main difference here though of course, is that all these crypto loans are heavily collateralised. That means that the amount of funds that borrowers can loan is always less than the value of the crypto Unlike term deposits in bank accounts, you do not have to tie your crypto up for a certain period of time. With most lending platforms, you have access to your funds anytime

2️⃣ DeFi Lending 2️⃣

Instead of a centralised lending platform matching lenders & borrowers, you have a set of smart contracts. Smart contracts that will adapt interest rates based on the supply & demand What’s important to understand about DeFi is of course the fact that you are in full control of your keys at all times. There are no platforms which can restrict you from earning interest and no KYC All you need is a Web 3.0 wallet that can connect to these lending dApps and you can start earning interest. These lending contracts accrue interest continuously which means that the impact of compounding is likely to be considerable

3️⃣ Liquidity Mining / Yield Farming 3️⃣

Liquidity mining is the practice of supplying liquidity to a protocol which is then used in order to facilitate the decentralised exchange of different assets You can supply USDC & ETH to a USDC-ETH pool and you will then get what is termed a ‘Liquidity Provider’ or LP token. These tokens then represent your share in the pool These fees vary based on the amount of trading volume that is going through these pools. There is also another thing that you have to consider when supplying liquidity to AMMs like this and that is the threat of impermanent loss Yield Farming can be quite complicated to engage in. However there are protocols and platforms that allow you to automate it

4️⃣ Staking Crypto 4️⃣

You are staking your coins in order to help maintain the decentralised consensus essential for blockchains to function The main benefit of staking is that not only are you helping to take part in securing the network, but you are also earning decent returns in-kind of the coin or token you are most bullish on When it comes to this staking, you have a number of different options. This would depend on whether it was a pure proof of stake or a delegated proof of stake blockchain. When it comes to staking on these blockchains, there are a number of things you have to consider: – Wallet Support – Staking complexity – Pay out terms – lockup periods – and of course, staking returns

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

📜 Disclaimer 📜 The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

Latest videos

CRAZIEST Crypto Hearing EVER Here’s What Went Down
CRAZIEST Crypto Hearing EVER! Here’s What Went Down!!
CRAZIEST Crypto Hearing EVER Here’s What Went Down

CRAZIEST Crypto Hearing EVER! Here’s What Went Down!!

June 30, 2022 2 min read
Top 5 BEST Hardware Wallets Which Are The SAFEST
Top 5 BEST Hardware Wallets: Which Are The SAFEST?!
Top 5 BEST Hardware Wallets Which Are The SAFEST

Top 5 BEST Hardware Wallets: Which Are The SAFEST?!

June 29, 2022 2 min read
Polkadot Deep Dive Can DOT survive the bear market
Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!
Polkadot Deep Dive Can DOT survive the bear market

Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!

June 28, 2022 2 min read
Crypto News Harmony Celsius Voyager Solana FATF
Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!
Crypto News Harmony Celsius Voyager Solana FATF

Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!

June 27, 2022 2 min read
bottom for crypto markets
Was This The Crypto BOTTOM?! Are We Heading LOWER?!
bottom for crypto markets

Was This The Crypto BOTTOM?! Are We Heading LOWER?!

June 26, 2022 2 min read
What REALLY Happened With Celsius
What REALLY Happened With Celsius?! What We Know!!
What REALLY Happened With Celsius

What REALLY Happened With Celsius?! What We Know!!

June 23, 2022 2 min read
Three Arrows Capital What REALLY HAPPENED to 3AC
Three Arrows Capital: What REALLY HAPPENED to 3AC?!
Three Arrows Capital What REALLY HAPPENED to 3AC

Three Arrows Capital: What REALLY HAPPENED to 3AC?!

June 22, 2022 2 min read

Related videos

CRAZIEST Crypto Hearing EVER Here’s What Went Down
CRAZIEST Crypto Hearing EVER! Here’s What Went Down!!
CRAZIEST Crypto Hearing EVER Here’s What Went Down

CRAZIEST Crypto Hearing EVER! Here’s What Went Down!!

June 30, 2022 2 min read
Top 5 BEST Hardware Wallets Which Are The SAFEST
Top 5 BEST Hardware Wallets: Which Are The SAFEST?!
Top 5 BEST Hardware Wallets Which Are The SAFEST

Top 5 BEST Hardware Wallets: Which Are The SAFEST?!

June 29, 2022 2 min read
Polkadot Deep Dive Can DOT survive the bear market
Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!
Polkadot Deep Dive Can DOT survive the bear market

Polkadot: Can DOT Survive The BEAR Market?! Deep Dive!!

June 28, 2022 2 min read
Crypto News Harmony Celsius Voyager Solana FATF
Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!
Crypto News Harmony Celsius Voyager Solana FATF

Crypto News: Harmony, Celsius, Voyager, Solana, FATF & MORE!!

June 27, 2022 2 min read
bottom for crypto markets
Was This The Crypto BOTTOM?! Are We Heading LOWER?!
bottom for crypto markets

Was This The Crypto BOTTOM?! Are We Heading LOWER?!

June 26, 2022 2 min read
What REALLY Happened With Celsius
What REALLY Happened With Celsius?! What We Know!!
What REALLY Happened With Celsius

What REALLY Happened With Celsius?! What We Know!!

June 23, 2022 2 min read
Crypto News Market Meltdown 3AC Celsius Job cuts
Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!
Crypto News Market Meltdown 3AC Celsius Job cuts

Crypto News: Market Meltdown, 3AC, Celsius, Job Cuts & MORE!!

June 21, 2022 2 min read