Cryptocurrencies have become increasingly popular, but many people don’t know how to make money with them. This article will look at the various ways you can earn crypto, from staking to gaming.
Different Methods of Earning Crypto
The number of cryptocurrencies now exceeds 10,000. Each platform has its own unique features, but there are a few methods of making money in crypto that are used on almost all top platforms.
Crypto Mining
Mining is one of the most popular ways to make money in crypto. It involves creating new blocks on the Blockchain. While in the past it was possible to make a large amount of money from crypto mining, nowadays it is much harder. High power consumption and expensive equipment mean that you need to invest a large amount of money in order to make a profit from mining.
Crypto Staking
Staking is the process of locking up cryptocurrency in order to help secure the Blockchain network. The more you hold, the more you help the network, and in return you receive rewards in the form of passive income. When choosing a platform for staking, it’s important to look at the minimum threshold, the expected profit (measured in APY and APR), and the number of supported currencies.
For example, BetFury offers up to 50% APY, and rewards are paid out daily. You must have at least 100 BFG (BetFury’s native utility tokens) in order to start staking, and you can withdraw funds in BFG tokens as well as five popular coins (USDT, ETH, BTC, BNB, and TRX). The more BFG tokens you wager, the higher your payout. You can also win BFG tokens by playing on the platform, or by trading them on popular exchanges.
Staking is a profitable and straightforward way to get involved in the world of crypto investing.
Blockchain Games
In 2017, CryptoKitties was released, the first game related to Blockchain technologies. Since then, many companies have released their own versions of Blockchain games. Players can earn money by playing these games, such as Poker for cryptocurrency or Slots. BetFury, for example, offers over 8,000 Slots and Original games with one of the highest RTPs on the market (up to 99.02% RTP). Players can bet in a variety of crypto, including BTS, ETH, TPX, USDT, and more.
Affiliate Program
Influencers and social media personalities can join an Affiliate Program to earn money by attracting new users. The conditions of the program vary depending on the platform, but on BetFury affiliates can earn up to 60% RevShare. This is a great way for both the platform and the affiliate to benefit from the relationship.
Overall, making money with cryptocurrencies has never been easier. The key is to choose the right currency and platform, as this will have a significant impact on your potential earnings. Get started today and make the most of the crypto market.
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