Friends as per the Supreme Court order we do cryptocurrency business like trading, buying, selling, etc in India. But trading is not the only way to earn money from cryptocurrency. Today in the post I will tell you “How to Earn Money From Cryptocurrencies in India” in detail.
By the end of this post you will see how we can make huge profit without any risk. And without any daily live activity. It means you can make huge money while sleeping over night, while working on other regular business, etc.
So, let’s see:
Ways To Earn Money From Cryptocurrencies In India
1. Cryptocurrency Trading
Cryptocurrency trading process is similar to the stock trading. You can buy any coin like share market stock and sell it like stock share and earn profit. It provide more advantages to the traders like you can trade cryptocurrencies 24X7. While stock market works only on Government working days.
Now many popular stocks are can be traded on cryptocurrency exchanges along with coins. This provides the complete authenticity of the system. Here you can place an order for an unlimited time period.
2. ICO, IDO, IEO Investment
ICO is Initial Coin Offering, IDO is Initial Decentralized exchange offering, IEO is initial exchange offering. These are the initial process of buying cryptocurrencies when a Crypto project start.
It is similar to the IPO of any stock market company. People can invest at the beginning of any coin project and they will earn a huge return. If you forget then I will tell you someone just sold his 2000 Bitcoins only for 1 Pizza.
And the current price of 1 Bitcoin is almost 45 to 50 Lakhs Indian rupees.
3. Buying And Holding
Cryptocurrencies work on blockchain system. Block and keeps the record of each and every coin. Since the first day the number of coins that will be mine on any blockchain are fixed.
So the usability of coin increase the demand with time. If you will buy any coin and hold it for sometimes like 5 months, 8 months, 1 year, 2 years, or whatever you want. You will see an amazing growth in your portfolio with time.
Long you will wait, the long you will keep patience the more you will earn.
4. Cryptocurrency Staking
Stacking is a process of locking your funds on exchange for a fixed time period like 15 days, 30 days, 90 days and more. In this time period you can use your asset. As a reward after completing your staking period you will earn rewards on your stacking.
Staking rewards may be from 2% to 80% or more as per the offer initiated by the exchange you trade on. It is risk free crypto earning feature for investors.
5. Sell With Crypto
If you are a Merchant you can sell your product FIR cryptocurrencies like Tron, Bitcoin, Ethereum, and any other coin that you will like to hold. If you will receive payment in your Fiat money it will not increase.
But on the other hand if you will receive payment in cryptocurrency, then your portfolio balance will increase with time. I have seen many merchants have game 10 times profit from there product sale.
6. Cryptocurrency Mining
Friends as we all know cryptocurrency are based on blockchain technology. When we receive or transfer gift of funds from one wallet to another wallet, it required some computers to solve the algorithm or verify the transaction.
As a result verification gets reward from the blockchain. This process of verifying transactions is called mining. We can earn a huge money with cryptocurrency mining in India.
If you want to earn cryptocurrency then select the low difficulty coin and start mining.
7. Dividends Earning
Dividends are given by some companies on the purchase of the company’s stock in the stock market. In the same way, some cryptocurrency company also gives dividend to investors.
It is part of the profit earned by the company. By doing this, the company entices the new investor in its project. As a result, the demand for that company’s stock increases in the market.
In the same way, cryptocurrency investors can make a lot of money by purchasing some coins without any problem. Binance coin is the best example of this. If you will buy BNB coin on Binance exchange then they will provide you some dividend on your holding every time.
8. Referral Earning
Friends must have heard about your multi level marketing. When we add new people in this business, we get some referral commission from them.
Almost all cryptocurrency project run such kind of referral programs. When you will introduce a new member to any exchange you will get some percentage of his reading fees.
This is one of the best and reliable passive income source from cryptocurrency market.
Suppose you introduce 10 friends on WazirX exchange. They all do rupees 100 trading daily on their exchange. So, they will pay 0.2 INR each to the Exchange. Complete fee will be 1INR. You will get 50% of all this fee. It means you will earn 0.50 INR without any task. This is your referral earning. And it will continue to be credited to your account in a regular way.
Highest Referral Earning Paying Exchanges:
- WazirX India’s top Exchange
- Binance World’s top exchange
- FTX Exchange Offer Stock trading
- Huobi Global
- MXC Exchange
Earn Money From Cryptocurrencies Conclusion
So, these were the important facts by which we can earn money from cryptocurrencies in India. If you like this post then share it with your friends and family members.