How to earn passive income through cryptocurrency.
Chapters:
0:00 Intro
1:23 Ways to earn passive income through crypto
2:37 Staking
3:11 Coins for Staking
3:59 Lightning network nodes
4:58 Yield Farming
5:40 Cloud Mining
6:17 Defi Lending
7:20 Airdrops, Forks and Buybacks
7:38 Runnings master nodes - Dash
8:45 Tokens
*Crypto Staking*
Staking is holding or locking funds in a crypto wallet with the aim of maintaining the operations of a proof-of-stake-based blockchain system. Staking helps a blockchain network achieve consensus by rewarding the participants.
*Lightning Network*
The Lightning Network is a "layer 2" payment protocol designed to be layered on top of a blockchain-based cryptocurrency such as bitcoin or litecoin. It is intended to enable fast transactions among participating nodes and has been proposed as a solution to the bitcoin scalability problem. It features a peer-to-peer system for making micropayments of cryptocurrency through a network of bidirectional payment channels without delegating custody of funds.
*Yield Farming*
Any effort to put crypto assets to work and generate the most returns possible on those assets.
*Crypto Airdrop*
A cryptocurrency airdrop is a marketing stunt that involves sending free coins or tokens to wallet addresses to promote awareness of a new currency
📜 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.
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