5 Best ways to earn Cryptocurrency

in #earncrypto2 years ago

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5 ways to earn cryptocurrency in 2022

  • Buy crypto-

Buying crypto is the most straightforward method of earning cryptocurrency. You can buy any coin/token more conveniently through exchanges such as Coinbase, Binance, or Kraken.

The advantage of these exchanges is that they offer a breadth of features and more cryptocurrencies for trading than other places. The major role you have to play to start earning is to sign up for an account, verify it with the required documents, and you’re good to go. Once you have the coins in your crypto wallet, you can choose to sell or hold or withdraw to another wallet.

  • Start playing games (P2E)-

GameFi or gaming finance operates a “play to earn” model that allows players to earn just for playing a game and moving through levels. This could be in the form of crypto, in-game items, or NFTs (non-fungible tokens). On top of that, users can convert tokens earned from a game into other cryptocurrencies such as Ethereum, Bitcoin or swap them to fiat currency. For NFTs, you can build and grow your characters and then trade those characters and in-game items or sell them for real-world currency. Interesting right? Then, try it.

Some of the most popular P2E games offering excellent returns include hi Play, Axie Infinity, CryptoKitties, and Decentraland.

  • Cashbacks-

Many online sellers are coming with many discounts and cash backs when using the portal to shop online to promote cryptocurrency. Crypto.com, for instance, gives you up to 5% back on all spending using their Visa Card.

  • Earn crypto through faucets-

Faucets are platforms that reward visitors or users with free cryptocurrencies when they complete specific tasks. It can be anything from watching ads, completing surveys, and playing games. You’re then rewarded with cryptocurrency to cash out once you reach the minimum withdrawal limit.

  • Referrals
    Some cryptocurrency projects offer sign-up or referral bonuses for bringing users to their services.

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