8 WAYS TO EARN $500 WITH CRYPTOS FOR FREE - Learn to Earn Passive Income With Crypto!! | CRYPTOPRNR

Would you like to earn passive income with crypto? Whether you're a novice or an expert, earning passive income with crypto is a great way to get rich quickly. In this video, we're going to show you 8 ways to earn passive income with crypto. The best part is that one of these methods we're going to show you in today's video doesn't require any investment. All you need is a computer and an internet connection to get started.

Watch this video all the way through so you don't miss anything.

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So, the very first way to earn passive income with crypto is through forks and airdrops.

Taking advantage of a hard fork is a relatively simple tactic for investors. All you need to do is hold currencies before the hard fork event. If there are two or more competing chains after the fork, then the holder will own a balance of tokens on each.

This is exactly what will happen with PulseChain. At the time of the fork, all your ERC20 tokens held in decentralized exchanges will be duplicated. 

As for Airdrops, they are similar to forks, as they only require you to have a wallet address at the time of the Airdrop. Some exchange platforms will make airdrops for their users. Note that receiving an airdrop will never require sharing private keys. Such a requirement is a telltale sign of a scam or scammer.

We recently made a video about the best upcoming airdrops. Don't hesitate to check it out. The link is in the description.

The next way to earn passive income in crypto is to put your cryptocurrencies into DeFi lending protocols.

More decentralized alternatives to BlockFi and Nexo are standalone lending protocols, such as Compound (COMP) and Aave (AAVE). DeFi lending applications allow cryptocurrency holders to deposit funds into lending pools that work with smart contracts in order to earn interest.

The main difference between CeFi and DeFi lending is that the latter gives users full control over their funds and does not require any KYC (know-your-customer) documents or customer verification.

Returns are determined by supply and demand and vary from platform to platform. In addition, some DeFi lending applications are riskier than others. DeFi's high returns also come with a higher level of risk. So, you need to be fully aware of the risk and only invest what you can afford to lose.

 

Another very interesting way to earn passive income with crypto is to provide funds to liquidity pools or to do yield farming.

Besides lending, DeFi markets also allow individuals to earn passive income by depositing crypto-currencies into decentralized exchange pools, called liquidity pools.

For providing liquidity to a standalone exchange pool, depositors are rewarded with trading fees and liquidity provider (LP) tokens. To earn additional returns on deposited digital assets, you can then place your LP tokens in "return farms." This is exactly what is happening with PulseX right now. If you've been following us for a while, you probably already know that PulseChain and PulseX are our favorite cryptos. Although PulseChain hasn't launched yet, we are currently in the v2b testnet. If you participated in the sacrifice phase, you can already bring in liquidity to receive passive income. And if you haven't participated in the sacrifice phase and want to get Pulse tokens, we've made a video in which we show you how to claim up to 100 Pulse tokens per day with the Pulse faucet. With this, you will have enough to do your yield farming. The link to this video is in the description.

You can also keep and stack proof-of-stake (PoS) powered cryptos to earn passive income in the form of rewards.

Proof-of-stake-based cryptos require validators to "lock in" a stake in the network's native asset to secure the blockchain. The incentive for contributing to a crypto network in this way is to earn a share of the block reward in the form of newly issued cryptos.

The staking process differs from network to network, with some requiring advanced software configurations and a continuously running validation node, while others simply require you to hold the assets in the official wallet.

Another way to earn passive income with crypto is to run a masternode.

If you want to take your staking to the next level to earn more passive cryptocurrency income, you can run a masternode.

Masternodes are a special type of node that perform specific functions on a crypto network.

In the Dash (DASH) network, for example, masternodes power the network's PrivateSend and InstantSend functions and provide voting and governance rights. However, to operate a Dash masternode, operators must invest 10,000 DASH, which is a significant investment to earn a return (in the form of newly issued tokens) on your holdings.

Fortunately, some masternodes require a much smaller capital investment while offering double-digit returns, paid for in the form of network-native tokens.

#6: Referral programs The next way to earn passive income is through Referral Programs.

Some companies in the crypto industry will reward you for attracting more users to their platform. These include affiliate links, referrals, or other discounts offered to new users you've introduced to the platform.

If you have a large number of followers on social networks, affiliate programs can be a great way to generate secondary income. However, to avoid spreading the word about low-quality projects, it's always helpful to research the services beforehand.

If you're interested in generating passive income with Binance, join the Binance affiliate program and get rewarded for telling the world about Binance!

You can also earn passive revenue with Content Creation Platforms.

The advent of distributed database technologies has enabled the emergence of new types of content platforms. These allow content creators to monetize their content in many different ways and without the inclusion of intrusive ads.

In such a system, content creators retain ownership of their creations and typically monetize attention in some way. This can be a lot of work upfront but can be a steady source of income once a larger content pool is built. There are several blockchain platforms for content creation, including Theta, which is a decentralized peer-to-peer video delivery mechanism that leverages a new native blockchain, powered by users. Content Box is also very good for content creation. Content Box (BOX) helps enable a unified payment system, a shared content pool, and a shared user pool. If you want to know more about this kind of platform, let us know in the comments section below.

The next way to earn passive income is to operate a Lightning node.

If you're a Bitcoiner and prefer to stick with Bitcoin to earn passive income, you can create and manage a Lightning Network (LN) node.

By supporting the fast-growing Lightning Network by operating payment channels, you can earn a few satoshis every time someone makes a transaction using your channel. Operating a Lightning Network node means you're contributing to the world's most powerful open money network, which will potentially end up banking the unbanked.

Before you rush out and explore all of the methods on this list, remember that each one has different degrees of risk. Do your own research and never invest more than you can afford to lose.

 

 

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