How to earn passive income through cryptocurrency trading?
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How to Earn Passive Income Through Cryptocurrency Trading
Understanding Passive Income in Crypto
Passive income in the cryptocurrency space can be achieved through various methods. Common strategies include staking, lending, and yield farming. By employing these techniques, investors can earn rewards without actively trading.
Key Strategies for Earning
| Strategy | Description | Potential Returns |
|---|---|---|
| Staking | Locking cryptocurrencies to support network operations. | 5% – 20% annually |
| Lending | Providing crypto for others to borrow in exchange for interest. | 6% – 12% annually |
| Yield Farming | Providing liquidity to DeFi platforms in return for rewards. | 10% – 50% or more annually |
Conclusion
Cryptocurrency trading offers several channels for passive income. By choosing staking, lending, or yield farming, investors can generate revenue without needing to monitor the market continuously. Understanding the risks and rewards is crucial for success in this evolving field.
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