How to earn money with Crypto?

For other currencies, you will need to hold the crypto in a compatible software or hardware wallet to earn staking rewards. You can also earn passive income by playing online games. There are many play-to-earn crypto games available today, and each one is unique. Some of the more popular ones are Axie Infinity and Decentraland.

Do you need tech know-how to stake crypto?

You don’t need the same tech know-how to stake crypto. Some exchanges enable staking automatically if you hold an eligible currency in your account. For other currencies, you will need to hold the crypto in a compatible software or hardware wallet to earn staking rewards. You can also earn passive income by playing online games.

What is the least lucrative form of earning Cryptos online?

However, it is important to note that crypto faucets are the least lucrative form of earning cryptos online. Mining is among the most lucrative form of earning cryptocurrencies. This mode of earning has produced millionaires in the crypto sector. It was more lucrative during the earlier years of cryptocurrency inception.

How do cryptocurrencies earn passive income?

Some cryptocurrencies offer their owners the opportunity to earn passive income through a process called staking. Crypto staking involves using your cryptocurrencies to help verify transactions on a blockchain protocol. Though staking has its risks, it can allow you to grow your crypto holdings without buying more.