What are the best digital currency options for earning passive income?

3 answers

• Dec 16, 2021 · 3 years ago
  One of the best digital currency options for earning passive income is staking. Staking involves holding a certain amount of a particular cryptocurrency in a wallet to support the operations of a blockchain network. By staking your coins, you can earn rewards in the form of additional coins. This method requires minimal effort and can generate a steady income over time. Some popular cryptocurrencies that offer staking options include Ethereum, Cardano, and Tezos.
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• Dec 16, 2021 · 3 years ago
  Another option for earning passive income with digital currencies is through lending and borrowing platforms. These platforms allow users to lend their digital assets to others in exchange for interest payments. By lending out your cryptocurrencies, you can earn a passive income without actively trading or investing. Some popular lending platforms include Compound and Aave.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a digital currency exchange, offers a unique option for earning passive income. They have a program called 'Earn' where users can deposit their digital assets and earn interest on their holdings. The interest rates are competitive, and the platform supports a wide range of cryptocurrencies. It's a great option for those looking to earn passive income with their digital currencies.
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