How to Earn More on Crypto: 4 Steps
While buying cryptocurrencies is now easier than ever before, the crypto industry remains uncertain, unregulated, and most importantly, full of scams. Therefore, if you are looking for legitimate risk-free ways to get your hands on more crypto, you came to the right place. Stick around and you’ll let you know how to do it!
1. Exchange crypto on the best platforms
Are you still thinking about how to get the next big shot? Perfect! Before purchasing, do at least a little research on the crypto and on the exchange, you plan to use. While crypto exchanges are great and all, a majority of them have been hacked in the past and some even continue to operate with sub-level security features. Once you find an awesome crypto exchange for you, you’ll be surprised at how easy and secure the whole crypto trading process is.
2. Earn cryptocurrency dividends
Everything is simple: go for a cryptocurrency that pays out dividends. There are two ways by which you can earn dividends in the cryptocurrency space. They include staking and holding.
Staking implies locking your coins in a supported wallet or a particular crypto exchange. In return, you earn a reward based on the total value of the crypto in your wallet, how long you’ve locked them in your wallet, and how many coins you hold. Holding, on the other hand, is buying and holding crypto in your wallet.
These are the two ways in which you can get free crypto without having to spend any money.
3. Diversify investments
Being a savvy investor, you should be well aware that storing all eggs in one basket is very risky. Diversify your investments and save them into different assets to mitigate the risks if one or more of your assets perform poorly. Among the options for how to do it is 1) to get paid in crypto and 2) to use apps that will help you to diversify your portfolio.
4. Participate in referral programs
Referral programs are yet another easy-as-pie method to get free crypto. All you need to do in this case is find a service that provides an opportunity to be a referral partner and ask for participation. After that, you can share your referral credentials with your friends, family, and social media followers to engage with as many people as you can. Remember, the more people you reach out to, the more profit you get. Your gain is entirely dependant on your network size and engagement.
Where to start with this? On Swapzone! Check out the referral program that you can make use of.