common-close-0
BYDFi
Trade wherever you are!

Is it possible to earn passive income by investing in Euro or Swedish Krona cryptocurrencies?

avatarIrfaan Garda Gautama IndardiDec 15, 2021 · 3 years ago1 answers

I'm wondering if it's feasible to generate passive income by investing in cryptocurrencies denominated in Euro or Swedish Krona. Can I earn a steady stream of income without actively trading these currencies?

Is it possible to earn passive income by investing in Euro or Swedish Krona cryptocurrencies?
Passive Income
Euro Cryptocurrencies
Swedish Krona Cryptocurrencies

1 answers

  • avatarDec 15, 2021 · 3 years ago
    Yes, you can earn passive income by investing in Euro or Swedish Krona cryptocurrencies. At BYDFi, we offer staking and lending services for these currencies, allowing you to earn rewards and interest on your holdings. Staking involves holding a certain amount of coins in your wallet to support the network and in return, you receive additional coins as rewards. Lending your coins allows you to earn interest by lending them to other users. Both methods provide a passive income stream without the need for active trading. However, it's important to carefully consider the risks and do your own research before investing.

Related questions

common-arrow-bottom-0Load 5 more related questions
common-search-0

Related Tags

Hot Questions