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Author: Admin | 2025-04-27
Due to changing price of the underlying cryptocurrencies. However, in a long run with fees and price appreciation, you may be in profit. Especially if you are seeking to earn passive income with cryptocurrencies, this is something you should worth exploring.There are also new techniques used by platforms like Bancor, Thorchain which tackles impermanent loss. If you want to learn more about it, I would highly recommend you to join our Telegram group where I keep sharing more details on liquidity mining and profitable opportunities. 3. Holding Dividend Paying CryptosThis is another smart way to HODL cryptocurrencies.It is extremely simple. You don’t need to do much to receive the extra income. You just need to find out good cryptocurrencies that pay dividends regularly and keep it to yourself.There are many such currencies that give out dividends but not all are worth buying and holding.However, there are some that are worth every penny:NEXO: Nexo is a popular service that pays dividends for Nexo owners.KuCoin Shares (KCS): By holding this KuCoin shares, you receive a daily bonus/dividend called KuCoin Bonus. The bonus you receive is 50% of the trading fees.Also read: 6 Best Exchange Coins & Tokens in the Crypto world (2020)4. Staking Crypto to earn passive incomeStaking cryptocurrencies is the easiest way to make extra passive income through cryptocurrencies that you already hold.But for this, your cryptocurrencies need to follow some form of proof-of-stake consensus mechanism. Please read: What is Proof-Of-Work & Proof-Of-Stake?Here, you need to keep your proof-of-stake coins in an open-wallet for the maximum time to generate new similar coins.For example, Tezos (XTZ) is a POS cryptocurrency. If you stake, let us say 10 NEBL coins, over time in a year you will have 11-12 XTZ coins by just holding and staking them. No extra effort. Isn’t it wonderful?Binance
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