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There can be no doubt that crypto currency is becoming one of the most popular ways for online investors to earn money. However, some of the most common avenues to earn money are quickly becoming too well-worn for their tastes. The result is a push to find non-standard ways to leverage crypto to make money. Here are five interesting ways that you can earn money using crypto currency.
1. Affiliate Marketing With Crypto Currency
While affiliate marketing is very popular as a method of earning standard money through a personal or company website, it is also a good way to earn crypto. Specifically, using affiliate marketing as part of a dating CPA network could help bolster your incomes. Affiliate networks tend to work with niches in the realm of online dating that deal in crypto. Since consumers love the anonymity of using crypto and investors like the appreciate rates of crypto, it can be a very lucrative setup for all parties involved. It’s highly recommended to use a reputable affiliate network to ensure you obtain fair profits and avoid scams.
2. Microtasks
Not every person is going to want to jump into the deep end of the crypto pool, so to speak. For people that would still like to earn some crypto without all the requisite knowledge, microtasks are a great way to start. A lot of companies that deal heavily in crypto will pay you in a specific online currency to test their products, apps, sites, and more while giving you Bitcoin, Coinbucks, and others. Most often, you’ll be watching videos and filling out surveys to provide feedback, so it’s easy money.
3. Trading Crypto Stocks
Crypto currencies are some of the most volatile forms of payment in the modern day, and with the lack of regulation surrounding them, the prices can vary wildly. Even on a moderate day, you can see some of the less-established coins fluctuate by almost 20% of their total price. If you are good at charting technical changes and selling at the right time, this can be a good way to make some extra money.
4. Lending Coins
If you already have some Bitcoin or even Dogecoins, why not make money of it? You can use a peer to peer lending platform that will give you roughly 15% returns on your investment in the same coin that you use. There are a lot of players out there that will utilize your Bitcoin and will be willing to negotiate favorable return rates. Of course, this is one of the more risky methods of using money, so you have to choose your investors wisely.
5. Mining Crypto Currency
While this might sound like the most basic way to earn money with crypto currencies, the fact is that not as many people are taking part in this as before. The problem that most people have with this method is that it involves an investment on the part of the miner. You have to buy hardware like GPUs and have an ample supply of cheap electricity. Also, you need to have the technical knowledge of how to leverage the software for mining into actual currency while having a secure form of storage. It’s not popular and it’s not pretty but it works.
There are a lot of different ways that you can earn money with crypto currencies, but some ways tend to fly under the radar more than others. The growing desire for decentralized currencies and its readily available nature has ensured that more people are finding themselves working around crypto wallets than ever before. Although these method described aren’t the most typical, that doesn’t mean that they are not as lucrative as other methods out there.
