Are you looking for a to earn money from cryptocurrencies?


most people are.!

therefore, in this post, I am going to share with you some of the best and legit ways to make money in the world crypto-technolog


However, I advice all my readears to be aware of scam now that almost everyone is getting familiar with crypto-currency the rate of getting scammed is high also.


Top Ways to earn u from Cryptocurrencies



Also read:Bitcoin A beginners guide to crypto currency

1. Buying and kepping

Buying & keeping (holding) is one safe way to earn money in crypto world is to buy good/valuable cryptocurrencies and hold them until they obtain a fair market share(they rise).

For instance, cryptocurrencies like:

Bitcoin,Ethereum,BNB Coin,LINK,VET,Tezos,WRX CoinKMD (Komodo)etcAre safe buys most of the time.

You can buy and hold them for a longer-term because they are bound to appreciate against the fiat pairs of USD, EUR etc

That, however, is NOT a piece of investment advice but an example of how to get started in picking the right earning stream for yourself.


2.way of earning because you get the dual benefit of price appreciation for holding good crypto coins plus the additional reward as dividends for staking the coins.

Staking is basically holding crypto coins 24hrs 7days in a live wallet, therefore earning new additional coins as a reward for staking and securing the blockchain network. Some noteworthy coins in this categoryare:

Tezos (XTZ)

Neblio

Komodo

PIVX

Decred

NAV Coin

Tezos is the most popular and highly funded coin that offers a 6% ROI year on year.

The best part is,you also earn money when the value of Tezos increases as more users adopt it(more transactions)

some of ways you can stake Tezos are

Using Binance Exchange: Here you can purchase Tezos (XTZ) coin using Fiat or exchange it for Bitcoin.


3. Buying & Holding Cryptocurrencies For Dividends

Cryptocurrencies To HODL:Another smart and easy way of earning through cryptocurrencies is to buy and hold cryptocurrencies that pay you dividends.

There are many awesome cryptocurrencies that pay you a fair share just for holding them and you are not even required to stake them, especially in a wallet.

Some of these cryptocurrencies are:

BNB

XTZ

ATC (Atomic wallet coin)

KAVA

NEXO.



4.MicroTasks

If you have extra time and enough data on your hands, you can do some microtasks for somebody or some service and earn cryptocurrencies in exchange. These microtasks can be something like downloading apps&games for testing, watching videos, taking online surveys etc. Some services that provide you such microtasks are: Coinbucks,cointiply etc

These services pay you in different coins like Bitcoin, Dogecoin, Gave payetc.


5. Day Trading Cryptocurrencies

If you understand and are good at technical charting at various intervals in the day, this method of earning is for you. You can day trade different cryptocurrencies on various exchanges such as these:,Binance,ByBit,BitMEX

The logic is simple – buy low and sell high when your target is reached.

If you don’t know how to do this, you can use a platform like Stacked to find algorithm strategies which automate the trading for you. most people pay more than $350/month for such profitable algorithm, but it is worth it when your capital is high. You can read Stacked invest review to learn more about it.

This method works very well for a technical charting person because crypto, being a volatile market, can fluctuate 1-25% in a day depending on the choices you make.


Check out:The best proven ways to Earn Bitcoin

6. Work For Cryptocurrencies

This is an apt way of earning through cryptocurrencies. If you are a developer or a tester, a writer or a designer, you can start earning in cryptocurrencies right away by exchanging your services for coins.

There are various platforms and websites that offer you Bitcoins in exchange for your service, some of which are:

Cointiply

Jobs4Bitcoins

XBTFreelancer

CoinWorker

Angle.Co

21.co

This way you not only earn cryptocurrencies but also benefit from the price appreciation that cryptocurrencies, on the whole, are witnessing over the past years. You can start by working for these cryptocurrencies in my own personal opinion:

Bitcoin

Litecoin

Ethereum

Monero


7. Accept Cryptocurrencies(for merchants)

Accepting Cryptocurrencies is another way to earn Cryptocurrency by accepting them in exchange for your products or services if you are a merchant. As a merchant, you have access to many cryptocurrencies and Bitcoin payment processors that can help you in accepting cryptocurrencies.

Even online businesses owners and e-commerce websites can adopt this way, thereby getting the dual benefit of crypto price appreciation and also earning cryptos directly.


8. Cryptocurrency Arbitrage

As we all know, the cryptocurrency market is a free market that is beyond the government’s control, which is why we have a lot of price differences across different exchanges and also the volatility.

Another way of earning in the cryptoworld is to buy a certain cryptocurrency from one exchange which is being sold on a lower price compared to another exchange, thereby creating an opportunity to buy low and sell high on another exchange to earn a good cut in between. This is called arbitrage.

Cryptohopper is one such crypto trading bots that teach you, and let you execute arbitrage trading.

You will usually find 5% to 40% of spread if you know how to make use of it. Exchanges like Bittrex and Poloniex provide such opportunities more often.


Don't miss:Blockchain: The Future of Cryptocurrency


9. Blogging On Cryptocurrency Websites

You can earn money by blogging and writing on websites that pay you in cryptocurrencies if your content is liked by the readers.

Also, if you already know that your content is valuable, you can even directly monetize your content for cryptocurrencies for giving full access of content to the respective reader.

Some of these websites are:

Y’alls

Yours

Steemit


10. Crrt earning quick Bitcoins is through cryptocurrency and Bitcoin faucets.For those of you who don’t know what Bitcoin faucets here is a quick definition.

Bitcoin faucets are a reward system, in the form of a website(cointiply,moremoney,freebitco.in etc) or app, that gives rewards in the form of a satoshi, which is a hundredth of a millionth BTC, for visitors to claim in exchange for completing a captcha or task as described by the website. There are also faucets that gives alternative cryptocurrencies.

These faucets have you do menial tasks such as solving captchas, playing games, clicking on ads, or watching videos. For each task you do, you earn a small amount of Bitcoin

However, this way of earning isn’t really an option for people who are already involved in hectic, full-time jobs.


11. Lending Cryptocurrencies

Following the popular saying “You should put your money to work” is another way to earn in this space.

If you are already HODLing Bitcoin or Ethereum, you can put your money to work and earn some profit on it by lending it out. There are many peer-to-peer Bitcoin lending platforms that allow you to do this while giving you a decent 2%-8% return on your investment in the form of Bitcoins.

For example Blockfi

caution: This space of lending is highly unmaintained, so choose wisely the person who you lend your Bitcoin to diligently and strictly follow to the platform policies to make sure you get your returns. Slow, but steady, more regulated players are evolving in this space like the BlockFi.


12. Crypto mining. 

Crypto mining is another good way to make money in the cryptosworld This option, however, does not seem too lucrative to us yet and that is why it is the last one on the list.

But it doesn’t mean that this method doesn’t work. Sure it does, if you are ready to make initial investments for buying mining equipment like ASIC and GPUs plus the additional supporting hardware.

Also, to successfully mine and earn from cryptocurrencies, you should have access to cheap electricity to run this mining equipment along with the technical know-how of how to take care of the software and hardware mining stuff.These days mining has become a very competitive task that requires a good initial investment to start with, and that’s why we are not particularly interested in this method.



That is all from my side. But before I go, I want to address one thing:

There are a lot of scams and frauds going on out there that promise you high returns. My recommendation would be to not get involved with these schemes because they are not worth the time and risk of not getting your money back.


I will be back soon with some more secure and legit ways of earning from cryptocurrencies. Until then, stay tuned to my blog for more about the crypto world.