common-close-0
BYDFi
Trade wherever you are!

What are some cheeky ways to invest in crypto?

avatarpanaDec 26, 2021 · 3 years ago3 answers

Can you suggest some unconventional and sneaky methods to invest in cryptocurrency?

What are some cheeky ways to invest in crypto?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure, here's a cheeky way to invest in crypto: find a small, lesser-known cryptocurrency with potential and invest in it before it gains popularity. This strategy involves taking a risk, but if the coin takes off, you could make a significant profit. Just make sure to do thorough research and understand the risks involved before diving in.
  • avatarDec 26, 2021 · 3 years ago
    Well, if you're feeling a bit mischievous, you could try participating in airdrops. Airdrops are when new cryptocurrencies distribute free tokens to holders of existing cryptocurrencies. By holding certain coins, you can receive free tokens of new projects. It's a fun way to get involved in the crypto space and potentially make some money without spending a dime.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a popular decentralized exchange, offers a unique way to invest in crypto. They have a feature called 'yield farming' where users can earn rewards by providing liquidity to the platform. It's a cheeky way to make your crypto work for you while also supporting the decentralized finance ecosystem. Just be sure to do your own research and understand the risks involved before getting started.