The market of digital assets is growing rapidly. We can see how many new crypto projects emerged, filling crypto rankings with new coins and tokens. Many people have started to pay attention to the crypto field because it seems an excellent option to make a profit online. Let’s see the most popular options for earning crypto online:
- you can trade digital assets using strategies and crypto exchanges;
- you can play blockchain games and receive tokens as a reward;
- you can join one of the metaverses and start a business there;
- you can stake crypto and generate income;
- you can invest in the long term.
The two easiest ways to earn crypto online are to play blockchain games (if you are into this kind of activity), buy and hold digital assets long-term, or stake digital assets. Let’s talk about the option to earn crypto online through staking.
Earning Crypto Online Using Staking
Staking is an option to generate a passive income by holding your coins on a crypto exchange. Suppose you have digital assets, but you are not prepared to get into risky trading. So you can put some part of your holdings in a staking program, locking them for some period. In this case, an exchange where you lock coins receives liquidity, and in return, you receive yield (interest). That sounds similar to a deposit in a bank, is not it?
Staking is the less stressful and the more reliable way to generate income with crypto because it is the option where you can earn crypto by just holding your assets and doing nothing more.
When a staking period ends, you receive the coins you invested, plus your earnings in the form of the same crypto. Crypto platforms offer different staking rates, so pay attention to this aspect when picking an exchange.
We recommend using the WhiteBIT platform, for it offers around 40 different staking programs varying from 10 to 360 days. On the WhiteBIT website, you can try the staking calculator and calculate how the number of coins locked and the staking period impact your possible earnings.c