This article explores five key strategies that can help you earn in cryptocurrency without the need for daily involvement.
Crypto Lending
Crypto lending is one of the simplest ways to earn passive income. Instead of selling your assets, you can use them as collateral to receive a loan in stablecoins. This way, you access liquidity while preserving the potential appreciation of your assets.
Crypto Staking
Staking is a method of earning income by locking up your tokens to support the operation of the blockchain network. In return, you receive regular rewards without the need for active trading. This is a convenient method for long-term holders of proof-of-stake cryptocurrencies.
Stablecoin Savings Accounts
Stablecoin savings accounts offer stable and predictable returns without significant price fluctuations. By depositing stablecoins on platforms like CoinRabbit or Kraken, you earn interest for providing liquidity, without needing to manage borrower risks.
Each of the listed strategies provides opportunities for passive income in cryptocurrency. Choosing the right method depends on your financial goals and risk tolerance.
