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Are there any simplified options available for earning passive income with cryptocurrencies?

avatarHaijian YangDec 25, 2021 · 3 years ago1 answers

What are some simplified options for earning passive income with cryptocurrencies? I'm looking for ways to make money from cryptocurrencies without actively trading or investing.

Are there any simplified options available for earning passive income with cryptocurrencies?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, offers a simplified option for earning passive income through their savings account feature. By depositing your cryptocurrencies into the savings account, you can earn interest on your holdings. The interest rates are competitive and the process is straightforward. However, it's important to note that like any investment, there are risks involved, so it's essential to do your own research and assess your risk tolerance before participating in any savings account program.