Unlocking Wealth: Top 10 ways to earn passive income from crypto in 2024
The post Unlocking Wealth: Top 10 ways to earn passive income from crypto in 2024 appeared first on Coinpedia Fintech News
Cryptocurrency has been around for more than a decade and is rapidly becoming a popular way to make money online. The cryptocurrency market is extremely lucrative. There are numerous ways to make money in cryptocurrency, Including cloud mining, alliance programs, staking, liquidity mining, airdrops, etc.
In 2024, the cryptocurrency market will continue to offer innovative avenues for generating passive income. With the advancement of blockchain technology and the surge in digital assets, opportunities to earn profits without active trading are easier than ever before. This comprehensive guide delves into the top ten strategies for earning passive income through cryptocurrencies.
Here are top 10 Ways to earn profits with Cryptocurrency in 2024:
1. Cloud Mining
Inccrypto is one of the best cloud mining platforms. The firm currently operates five mining farms with participants in over 150 nations and regions. allowing users to engage in free cloud mining. As a result, they have gained over 320,000 trusted users worldwide.
What makes Inccrypto special?
- Sign up to get $50 immediately.
- Automated daily payouts.
- The free package can be purchased daily.
- An affiliate program with 3% lifetime rewards.
- Different Crypto contracts to choose from.
- No overhead or electricity fees.
- 24-hour online support.
| Contract Term | Contract Price | Daily Rewards | Total Revenue |
| 1 days | $50(Free) | $1 | $1 |
| 1days | $200 | $3 | $200+$3 |
| 3 days | $500 | $9 | $500+$27 |
| 5 days | $1600 | $30.4 | $1600+$152 |
| 7 days | $5800 | $116 | $5800+$812 |
For more information, visit https://inccrypto.com/.
Many crypto platforms offer affiliate marketing programs. By referring new users, you can earn commissions, often paid in cryptocurrency. This method suits those with a significant online presence or network and can be a steady income stream if leveraged effectively.
Joining Inccry’s alliance program allows you to operate it like a boss without investing a single penny and start making money. For instance, if someone invests $1000 in the program using your referral code, you’ll receive $30 for free. With unlimited referrals, your income potential is limitless! So why wait? Register now and start earning by sharing your referral link with friends and family.
To find out more about the affiliate program, you can visit: https://inccrypto.com/.
3. Liquidity mining
Moving on, liquidity mining is another popular way to earn passive income from cryptocurrency. This has become popular due to the rise of decentralized exchanges (DEXes) and swap pools. Essentially, DEXes require liquidity pools that are used to facilitate transactions of a certain token. These tokens come from community members, called liquidity providers. They deposit their tokens into a liquidity pool, which is just a smart contract for the DEX. In exchange, users receive passive income for contributing to running the DEX.
4. Running lightning crypto nodes
The first method to earn passive income would be to run crypto nodes. More specifically, to run a lightning node on the Bitcoin network. This can potentially generate passive income for node operators who earn fees for routing transactions through their nodes. This occurs on Bitcoin’s Lightning Network (LN) — an L2 scaling solution allowing faster and cheaper transactions.
5. Decentralized crypto lending
Crypto lending is one of the most popular ways of earning passive income in the entire industry. Similar to liquidity mining, with this method, all you have to do is deposit your crypto into a lending pool.
6. Staking
Crypto staking is a method of investing in cryptocurrency that entails keeping a set number of coins in your wallet for a set period of time. As a result, your crypto investments can generate passive income. The amount of interest you can earn is determined by the cryptocurrency and the number of coins you stake.
7. Crypto games
Halfway down the list, we have one of the most enjoyable ways to earn passive income in crypto. That is to play crypto games. Most crypto games today adopt the Play-To-Earn (P2E) model, meaning you can earn while playing. Different games offer different deals. Some of PvP games reward you for winning matches against other players. Other games let you mine or collect valuable resources and earn them by selling them.
8. Airdrops
Another popular way of earning cryptocurrencies passively is participating in airdrops. Airdrops are performed by crypto projects or sometimes crypto exchanges. What this means is that they’ll send free cryptocurrencies to users who fulfill certain requirements. Airdrops are often performed by new crypto projects that seek to distribute their assets. Often, such projects may be supported by exchanges or other larger projects.
9. Dividend-earning tokens
In tenth spot, we have dividend-earning tokens. As the name suggests, these are crypto tokens that have some regular dividend rewards for their holders. Although this isn’t common, certain tokens have this mechanism built into their code. One example is VeChain (VET); you earn Thor (VTHO) by holding it. Alternatively, you can get KuCoin Shares (KCS), which will grant you a share of KuCoin’s transaction fees.
10. Master nodes
We spoke earlier about operating crypto nodes when we mentioned the Lightning network and its nodes. However, you can also find a blockchain network like DASH that has something called a Master Node. These master nodes are crypto nodes that can receive rather large payouts. They don’t earn transaction fees but a portion of blockchain rewards.
