A Beginner's Guide to Earning Passive Income With Crypto
What is passive income?
Trading or investing in projects is one way to make money in the blockchain industry. However, that typically requires detailed research and a substantial investment of time – but it still won’t guarantee a reliable source of income.
Even the best investors can experience prolonged periods of loss, and one of the ways to survive them is to have alternative sources of income.
There are other methods than trading or investing that can help you increase your cryptocurrency holdings. These can pay ongoing income similar to earning interest, but only require some effort to set up and little or no effort to maintain.
This way, you can have several streams of income that, in combination with each other, can add up to a significant amount.
This article will go through some of the ways that you can earn a passive income with crypto.
What are the ways you can earn passive income with crypto?
Mining
Mining essentially means using computing power to secure a network to receive a reward. Although it does not require you to have cryptocurrency holdings, it is the oldest method of earning passive income in the cryptocurrency space.
In the early days of Bitcoin, mining on an everyday Central Processing Unit (CPU) was a viable solution. As the network hash rate increased, most of the miners shifted to using more powerful Graphics Processing Units (GPUs). As the competition increased even more, it has almost exclusively become the playing field of Application-Specific Integrated Circuits (ASICs) - electronics that use mining chips tailor-made for this specific purpose.
The ASIC industry is very competitive and dominated by corporations with significant resources available to deploy on research and development. By the time these chips arrive on the retail market, they are likely already outdated and would take a considerable amount of mining time to break-even.
As such, Bitcoin mining has mostly become a corporate business rather than a viable source of passive income for an average individual.
On the other hand, mining lower hash rate Proof of Work coins can still be a profitable venture for some. On these networks, using GPUs can still be viable. Mining lesser-known coins carries a higher potential reward, but comes with higher risk. The mined coins might become worthless overnight, carry little liquidity, experience a bug, or see themselves hindered by many other factors.
It is worth noting that setting up and maintaining mining equipment requires an initial investment and some technical expertise.
Staking
Staking is essentially a less resource-intensive alternative to mining. It usually involves keeping funds in a suitable wallet and performing various network functions (such as validating transactions) to receive staking rewards. The stake (meaning the token holding) incentivizes the maintenance of the network’s security through ownership.
Staking networks use Proof of Stake as their consensus algorithm. Other versions of it exist, such as Delegated Proof of Stake or Leased Proof of Stake.
Typically, staking involves setting up a staking wallet and simply holding the coins. In some cases, the process involves adding or delegating funds to a staking pool. Some exchanges will do this for you. All you have to do is keep your tokens on the exchange and all the technical requirements will be taken care of.
Staking can be an excellent way to increase your cryptocurrency holdings with minimal effort. However, some staking projects employ tactics that artificially inflate the projected staking returns rate. It is essential to investigate token economics models as they can effectively mitigate promising staking reward projections.
Binance Staking supports a wide variety of coins that will earn you staking rewards. Simply deposit the coins on Binance and follow the guide to get started.
Lending
Lending is a completely passive way to earn interest in your cryptocurrency holdings. There are many peer-to-peer (P2P) lending platforms that allow you to lock up your funds for a period of time to later collect interest payments. The interest rate can either be fixed (set by the platform) or set by you based on the current market rate.
Some exchanges with margin trading have this feature implemented natively on their platform.
This method is ideal for long-term holders who want to increase their holdings with little effort required. It is worth noting that locking funds in a smart contract always carries the risk of bugs.
Binance Earn offers a variety of options that let you earn interest in your holdings.
Running a Lightning node
The Lightning Network is a second-layer protocol that runs on top of a blockchain, such as Bitcoin. It is an off-chain micropayment network, which means that it can be used for fast transactions that aren’t immediately transferred to the underlying blockchain.
Typical transactions on the Bitcoin network are one-directional, meaning that if Alice sends a bitcoin to Bob, Bob cannot use the same payment channel to send that coin back to Alice. The Lightning Network, however, uses bidirectional channels that require the two participants to agree on the terms of the transaction beforehand.
Lightning nodes provide liquidity and increase the capacity of the Lightning Network by locking up bitcoin into payment channels. They then collect the fees of the payments running through their channels.
Running a Lightning node can be a challenge for a non-technical bitcoin holder, and the rewards heavily depend on the overall adoption of the Lightning Network.
Affiliate programs
Some crypto businesses will reward you for getting more users onto their platform. These include affiliate links, referrals, or some other discount offered to new users that are introduced to the platform by you.
If you have a larger social media following, affiliate programs can be an excellent way to earn some side income. However, to avoid spreading the word on low-quality projects, it is always worth doing some research on the services beforehand.
If you are interested in earning passive income with Binance, join the Binance Affiliate Program and get rewarded when you introduce the world to Binance!
Masternodes
In simple terms, a masternode is similar to a server but is one that runs in a decentralized network and has functionality that other nodes on the network do not.
Token projects tend to give out special privileges only to actors who have a high incentive in maintaining network stability. Masternodes typically require a sizable upfront investment and a considerable amount of technical expertise to set up.
For some masternodes, however, the requirement of token holding can be so high that it effectively makes the stake illiquid. Projects with masternodes also tend to inflate the projected return rates, so it is always essential to Do Your Own Research (DYOR) before investing in one.
Forks and airdrops
Taking advantage of a hard fork is a relatively straightforward tactic for investors. It merely requires holding the forked coins at the date of the hard fork (usually determined by block height). If there are two or more competing chains after the fork, the holder will have a token balance on each one.
Airdrops are similar to forks, in that they only require ownership of a wallet address at the time of the airdrop. Some exchanges will do airdrops for their users. Note that receiving an airdrop will never require the sharing of private keys - a condition that is a telltale sign of a scam.
Blockchain-based content creation platforms
The advent of distributed ledger technologies has enabled many new types of content platforms. These allow content creators to monetize their content in several unique ways and without the inclusion of intrusive ads.
In such a system, content creators maintain ownership of their creations and usually monetize attention in some way. This can require a lot of work initially but can provide a steady source of income once a more substantial backlog of content is ready.
What are the risks of earning passive income with crypto?
Buying a low-quality asset: Artificially inflated or misleading return rates can lure investors into purchasing an asset that otherwise holds very little value. Some staking networks adopt a multi-token system where the rewards are paid in a second token, which creates constant sell pressure for the reward token.
User error: As the blockchain industry is still in its infancy, setting up and maintaining these sources of income requires technical expertise and an investigative mindset. For some holders, it might be best to wait until these services become more user-friendly, or only use ones that require minimal technical competence.
Lockup periods: Some lending or staking methods require you to lock up your funds for a set amount of time. This makes your holdings effectively illiquid for that time, leaving you vulnerable for any event that may negatively impact the price of your asset.
Risk of bugs: Locking up your tokens in a staking wallet or a smart contract always carries the risk of bugs. Usually, there are multiple choices available with various degrees of quality. It is imperative to research these choices before committing to one. Open-source software might be a good starting point, as those options are at the very least audited by the community.
Closing thoughts
Ways to generate passive income in the blockchain industry are growing and gaining popularity. Blockchain businesses have also been adopting some of these methods, providing services commonly referred to as generalized mining.
As the products are getting more reliable and secure, they might soon become a valid option for a steady source of income.
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YOUR PIG
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Binance Launches Solv Protocol (SOLV) Megadrop: Earn Exclusive Rewards by Staking BNB or Completing Web3 Quests
Binance has unveiled the Solv Protocol (SOLV) Megadrop, its 3rd project on Binance Megadrop. This initiative offers participants a chance to earn SOLV token rewards by staking BNB in Locked Products or completing designated Web3 Quests.Key Highlights of the SOLV MegadropProject Overview:Solv Protocol (SOLV) is a groundbreaking Bitcoin staking platform that focuses on building a Bitcoin-centric financial ecosystem.Megadrop Timeline:Participation starts 2025-01-07 00:00 (UTC) and ends 2025-01-16 23:59 (UTC).Binance Listing Date:Trading begins on 2025-01-17 10:00 (UTC) with pairs SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.How to Participate in the SOLV MegadropLog in to your Binance account.Stake BNB:Subscribe to BNB Locked Products and start earning scores based on the subscription period. Longer durations yield higher scores.Complete Web3 Quests:Engage in activities like staking BTCB on Solv Protocol.Claim Rewards:Verify participation via the Binance Megadrop Page and claim rewards daily starting 2025-01-07 05:30 (UTC).Check Rewards Distribution:Rewards will automatically be added to Binance Spot Wallets after the campaign ends.Reward DetailsTotal Megadrop Rewards:588,000,000 SOLV tokens (7% of Genesis Token Supply).Hard Cap Per User:Participants can claim up to 4,704,000 SOLV.Calculation Formula:Total Score = (Locked BNB Score × Web3 Quest Multiplier) + Web3 Quest BonusWhy Participate in the Solv Protocol Megadrop?Earn Multiple Rewards:Eligible users can simultaneously receive Launchpool, HODLer Airdrops, and Megadrop rewards.Exclusive SOLV Listing:Binance is the first platform to list SOLV, solidifying its support for innovative blockchain projects.Dynamic Tokenomics:With a total supply of 9.66 billion SOLV, the project promises scalability and sustainability.
buen consejo para principiantes ,me gusta tu método de ayuda
Hamza Traders Official
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Earn $23 Daily or 150$ Monthly on Binance Without Spending a Dime: A Step-by-Step Guide
Here's an alternative step-by-step guide to earning $23 daily or $150 monthly on Binance without spending a dime: Method 1: Binance Affiliate Program 1. Sign up: Join the Binance Affiliate Program. 2. Share referral link: Share your unique referral link on social media, forums, or websites. 3. Earn commissions: Earn up to 50% commission on trading fees from referred users. Method 2: Binance Learn & Earn 1. Complete tutorials: Finish educational tutorials on Binance Academy. 2. Pass quizzes: Pass quizzes to demonstrate your understanding. 3. Earn rewards: Receive rewards in BNB or other cryptocurrencies. Method 3: Binance Community Participation 1. Join communities: Participate in Binance communities on Telegram, Twitter, or Reddit. 2. Contribute value: Share insights, answer questions, or provide helpful feedback. 3. Earn rewards: Receive rewards or recognition for your contributions. Method 4: Binance Airdrops and Giveaways 1. Follow Binance: Stay updated on Binance's social media channels. 2. Participate in airdrops: Join airdrops or giveaways hosted by Binance or its partners. 3. Earn free tokens: Receive free tokens or cryptocurrencies. Method 5: Binance Staking (Alternative) 1. Hold BNB: Hold a minimum amount of BNB tokens. 2. Participate in staking: Participate in Binance Staking to earn rewards. 3. Earn staking rewards: Receive staking rewards in BNB or other cryptocurrencies. Daily Earnings Breakdown 1. Binance Affiliate Program: $10 daily 2. Binance Learn & Earn: $5 daily 3. Binance Community Participation: $3 daily 4. Binance Airdrops and Giveaways: $2 daily 5. Binance Staking (Alternative): $3 daily Total Daily Earnings $10 + $5 + $3 + $2 + $3 = $23 daily Monthly Earnings Breakdown 1. Binance Affiliate Program: $300 monthly 2. Binance Learn & Earn: $150 monthly 3. Binance Community Participation: $90 monthly 4. Binance Airdrops and Giveaways: $60 monthly 5. Binance Staking (Alternative): $90 monthly Total Monthly Earnings $300 + $150 + $90 + $60 + $90 = $690 monthly (However, the original statement mentioned $150 monthly. This might be due to variations in rewards or individual participation levels.) Additional Tips 1. Consistency: Consistently participate in the methods mentioned above. 2. Patience: Be patient, as earnings may vary depending on market conditions. 3. Diversification: Diversify your earnings streams to minimize risks. 4. Education: Continuously learn and improve your knowledge of cryptocurrency and Binance. 5. Community engagement: Engage with the Binance community to stay updated and earn rewards.
Buenas recomendaciones para principiantes para ganar
Stefanie Fala XEIJ
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Gana USDT gratis en Binance en 2025: ¡5 trucos sencillos para ganar $1 cada 10 minutos! ¿Estás listo para hacer crecer tu cartera de criptomonedas sin esfuerzo? Binance ha hecho que ganar USDT gratis sea más simple e inteligente que nunca. Aquí te mostramos cómo puedes desbloquear ingresos pasivos en solo 10 minutos con estas 5 estrategias creativas: 1. Comparte tu sabiduría sobre criptomonedas en Binance Square ¡Convierte tus conocimientos en ingresos! Escribe artículos, comparte guías o publica actualizaciones del mercado para ganar recompensas. 💡 Consejo profesional: Concéntrate en los temas de tendencia para impulsar la participación. 📈 Ganancias: Obtén hasta un 30 % de comisiones por transacciones con referencias. 2. Obtén recompensas con registros diarios ¡La constancia paga! Simplemente inicia sesión todos los días y acumula puntos que se convierten en USDT. 💡 Consejo profesional: No te saltes un día: cada registro genera impulso para obtener mayores recompensas. 🎁 Ganancias: canjea puntos por USDT y beneficios exclusivos. 3. Haz crecer tus activos con ahorros bloqueados Pon a trabajar tus criptomonedas con los ahorros bloqueados de Binance. Tasas de interés más altas, sin esfuerzo. Consejo profesional: combina esto con Launchpool para duplicar las ganancias. Ganancias: observa cómo tus ahorros se multiplican con retornos de alto rendimiento. 4. Hazte viral y recibe dinero ¡Tus redes sociales son una mina de oro! Comparte tu recorrido, estrategias o resultados en Binance en plataformas como Twitter o Instagram. Consejo profesional: usa elementos visuales como capturas de pantalla y hashtags atractivos como#BinanceEarnpara llegar a más usuarios. Ganancias: impulsa las suscripciones a través de referencias y gana a lo grande. 5. Obtén tokens gratis con Airdrops y Launchpool Binance suele regalar tokens a través de airdrops y promociones de staking. ¿Estos tokens gratis? Oro puro. 💡 Consejo profesional: Mantente a la vanguardia siguiendo los anuncios de Binance: siempre serás el primero en la fila.
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User-youce0
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لا يمكن للمبتدئين كسب المال
لا يوجد مبتدئ يحقق أرباحًا على منصة Binance، إليك السبب: إذا كان هناك مليونيرات في عالم العملات المشفرة، فهذا لأن العديد من المبتدئين يخسرون أموالهم، وغالبًا ما يساهمون بشكل غير مباشر في نجاح المتداولين الأكثر خبرة. تحقيق ربح حتى بمقدار دولار واحد على Binance بدون خبرة أو مهارات تحليل أساسية أو استراتيجية واضحة هو أمر شبه مستحيل. أولئك الذين يدخلون سوق العملات المشفرة وهم يقولون "أريد فقط كسب المال" دون امتلاك المعرفة أو الخطة المناسبة، يعرضون أنفسهم للفشل. المال السهل كثيرًا ما يتم تصويره بشكل مغري من خلال مصطلحات مثل "مليونير العملات المشفرة"، مما يدفع المبتدئين للاعتقاد بأن الثروات يمكن أن تتحقق بسهولة. ولكن الحقيقة أكثر قسوة بكثير. على سبيل المثال، إذا راهن مبتدئ على رمز Launchpool المميز وخسر كل شيء، سينتهي به الحال بالإحباط، ويقول "لقد خسرت 600 دولار!" ما لا يعرفونه هو أن وجود مليونيرات العملات المشفرة يكون ممكنًا فقط لأن آخرين يخسرون. الفائزون في السوق يستفيدون من سيولة المستثمرين المبتدئين الذين: يفتقرون إلى مهارات التحليل، ولا يقومون بتنويع استثماراتهم لإدارة المخاطر، ولديهم توقعات غير واقعية بسبب التصوير الإعلامي للثروات السريعة.
العملات المشفرة ليست للجميع. لنكن صريحين، ليست مناسبة لمن لا يتمتعون بالاستقرار المالي أو الذين يتوقعون النجاح السريع. لكي تتحول من مجرد جزء من الحشد إلى شخص يمتلك الفرصة للنجاح، يجب أن تبدأ بالتعليم أولاً.
كيف تبدأ بشكل صحيح في تداول العملات المشفرة:
1. ابدأ بالتداول الفوري: خصص أموالك لحصص صغيرة، وركز على العملات المستقرة مثل USDC. احتفظ بنسبة 15% من محفظتك كاحتياطي لتحظى بالمرونة.
2. ركز على المستويات: حول USDC إلى أصول عندما تصل إلى أدنى سعر لها. فهم مستويات الأسعار هو أمر أساسي للتداول الفعّال.
3. استثمر تدريجيًا: تجنب الاستثمار الكبير دفعة واحدة. بدلاً من ذلك، قم بالتوسع ببطء لتقليل الخسائر في حال حدوث خطأ.
4. استخدم أوامر الحد: حدد أسعار الشراء والبيع لتوفير الرسوم وتحسين نقاط الدخول والخروج، مما قد يزيد من أرباحك بمرور الوقت.
5. ابقَ على اطلاع: متابعة أخبار السوق أمر حيوي للتنبؤ بحركات الأسعار. التداول بدون متابعة الأخبار قد يؤدي إلى الكارثة.
6. تأقلم مع ظروف السوق: في السوق الهابطة، فكر في استراتيجيات بديلة مثل الاستثمار في رموز Bitcoin العكسية أو الأصول ذات إمكانات النمو.
الحقيقة المرة حول التداول: الكثير من الوافدين الجدد يعتقدون أن كسب 1000 دولار من العملات المشفرة أمر بسيط، ويظنون أن كسب 100 دولار سيكون سهلاً إذا كان هناك من حققوا ثروات. هذا يؤدي إلى الإفراط في الاستثمار، فيستثمرون 600 دولار، ويتوقعون عوائد سريعة، لكنهم يخسرون كل شيء أمام المتداولين الأكثر خبرة. كل مبتدئ يدخل السوق دون استعداد يخسر أمواله، بينما يستفيد المتداولون المتمرسون من أخطائه. الحقيقة هي أن التداول يعد من أصعب المهن في العالم. على عكس الوظائف منخفضة المخاطر التي تدفع 10 دولارات في الساعة، فإن التداول يحمل خطر فقدان كل شيء.
نصائح للمبتدئين:
استخدم دائمًا أوامر الحد: فهي تقلل الرسوم وتمنحك تحكمًا أكبر في تداولاتك.
كن واقعيًا: العملات المشفرة ليست وسيلة "للثراء السريع". إنها مهارة تتطلب التفاني والمعرفة والممارسة.
فهم المخاطر: يتطلب التداول المخاطرة، والخوف من الخسارة أو الثقة المفرطة يمكن أن يكون لهما نفس التأثير السلبي. العملات المشفرة ليست مجرد حظ أو طرق مختصرة، بل تتطلب معرفة وانضباطًا واستراتيجية. أولئك المبتدئين الذين لا يحترمون هذا الواقع سيستمرون في خسارة أ موالهم لصالح الفائزين في السوق.