Earn Crypto Passive Income: TOP METHODS Revealed!! 💸



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🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/


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📺 Vid on Celsius 👉 https://www.youtube.com/watch?v=g3S6bcilfn8

📺 Wrapped Bitcoin 👉 https://www.youtube.com/watch?v=1Wqs278hN6M

📺 Metamask Guide 👉 https://www.youtube.com/watch?v=MfkqgXNPiHg

📺 Vid on DEXs 👉 https://www.youtube.com/watch?v=-OVcVC8_TXA

📺 Yield Farming 👉 https://www.youtube.com/watch?v=T9xoXwrt-Sw

📺 Top Scams 👉 https://www.youtube.com/watch?v=AFhSf0l_aQQ


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– TIMESTAMPS –

0:00 Intro

2:12 1 – Centralised Lending Platform

6:37 2 – Defi Lending

10:47 3 – Liquidity Mining

15:15 Sponsor Shoutout

16:29 4 – Staking Coins

20:28 5 – Scams to Avoid

23:14 Conclusion


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⛓️ 🔗 Useful Links 🔗 ⛓️


► Celsius: https://guy.coinbureau.com/r/celcius

► Defirate: https://defirate.com/

► Aave: https://aave.com/

► Compound: https://compound.finance/

► Yearn Finance: https://yearn.finance/

► Staking ADA: https://medium.com/cardanorss/staking-for-beginners-a-step-by-step-guide-6dda110b2454

► Staking AVAX: https://medium.com/avalancheavax/staking-avax-by-validating-or-delegating-with-the-avalanche-wallet-f4d9adc182a6

► Staking DOT: https://stakingfac.medium.com/polkadot-staking-guide-87f93f45a828

► Staking ATOM: https://medium.com/coinmonks/cosmos-atom-staking-guide-4a4e703c998a


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1️⃣ Centralised Lending 1️⃣


These are basically lending services that offer deposits and loans on a centralised platform. Those who deposit their crypto earn interest on those funds


So, it’s pretty similar to how it works in a bank account. These services will hold your crypto and lend it out to generate interest. This interest is then paid to you in your account on a daily basis


The main difference here though of course, is that all these crypto loans are heavily collateralised. That means that the amount of funds that borrowers can loan is always less than the value of the crypto


Unlike term deposits in bank accounts, you do not have to tie your crypto up for a certain period of time. With most lending platforms, you have access to your funds anytime


2️⃣ DeFi Lending 2️⃣


Instead of a centralised lending platform matching lenders & borrowers, you have a set of smart contracts. Smart contracts that will adapt interest rates based on the supply & demand


What’s important to understand about DeFi is of course the fact that you are in full control of your keys at all times. There are no platforms which can restrict you from earning interest and no KYC


All you need is a Web 3.0 wallet that can connect to these lending dApps and you can start earning interest. These lending contracts accrue interest continuously which means that the impact of compounding is likely to be considerable


3️⃣ Liquidity Mining / Yield Farming 3️⃣


Liquidity mining is the practice of supplying liquidity to a protocol which is then used in order to facilitate the decentralised exchange of different assets


You can supply USDC & ETH to a USDC-ETH pool and you will then get what is termed a ‘Liquidity Provider’ or LP token. These tokens then represent your share in the pool


These fees vary based on the amount of trading volume that is going through these pools. There is also another thing that you have to consider when supplying liquidity to AMMs like this and that is the threat of impermanent loss


Yield Farming can be quite complicated to engage in. However there are protocols and platforms that allow you to automate it


4️⃣ Staking Crypto 4️⃣


You are staking your coins in order to help maintain the decentralised consensus essential for blockchains to function


The main benefit of staking is that not only are you helping to take part in securing the network, but you are also earning decent returns in-kind of the coin or token you are most bullish on


When it comes to this staking, you have a number of different options. This would depend on whether it was a pure proof of stake or a delegated proof of stake blockchain.


When it comes to staking on these blockchains, there are a number of things you have to consider:


– Wallet Support

– Staking complexity

– Pay out terms

– lockup periods

– and of course, staking returns


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📜 Disclaimer 📜


The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.


#Bitcoin #BTC #Crypto #income #blockfi #lending #defi #crypto .


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