Burch MadsenNov 23, 2021 · 3 years ago5 answers Is it possible to earn passive income with 62,000 AED through cryptocurrency staking and get paid in USD?
I have 62,000 AED and I'm wondering if it's possible to earn passive income through cryptocurrency staking and get paid in USD. Can I stake my cryptocurrency and earn a regular income without actively trading? How does cryptocurrency staking work and is it a reliable way to generate passive income? What are the risks and potential returns associated with staking? Are there any specific cryptocurrencies that are recommended for staking? How can I convert the staking rewards into USD?