In this tough crypto winter, we are all searching for new ways to make money. There are a few things which can easily be done:
- Use a crypto debit card with cashback - e.g., Crypto.com or Binance card:
- Crypto.com (CRO) has revised their reward policy: the minimum you need to stake (CRO) is 350 EUR (for European users). By doing that, you get 1% cashback with a monthly reward cap of $25 and Spotify reimbursed, which is around $10 per month, i.e., around $1 per day totally.
- Binance gives 0.1% cashback without staking requirements (you just pay 1 EUR for each SEPA transfer) and, if you have a monthly average holding of 1 BNB (currently around $220), you get 2% cashback with a monthly reward cap of 100 EUR (for European users), i.e., $3 per day.
- The cashback is in Binance Coin (BNB) that you can hodl to reach higher levels or swap for other coins like Bitcoin (BTC) or Ethereum (ETH).
- Stake SNX on Synthetix Network by using Optimism blockchain:
- The current APR is 283% and you can regularly restake what you have earned. For instance, if you stake the equivalent of 1 BNB ($220), it means that without restaking the interests you earn are $622 per year, i.e. almost $2 per day. By restaking SNX, it increases to $3+ per day.
- The risk with Synthetix Network (SNX) is the volatility of the token. A strategy is to earn interests on the minted sUSD through Curve.
- Stake SAND on The SandBox by using Polygon blockchain:
- The current APR is 18% and you can regularly restake what you have earned. As the SAND token recently dumped like most of the cryptos, you can assume that its value will increase in the near future. Therefore, this modest 18% APR could be mulitplied by a factor 5 to 10.
- You can also buy land or other items (which are NFTs) on The Sandbox, and resell them at a higher price later on. You can also refer to earn.
- Move-to-earn:
- Stepn is the most successful move-to-earn app. You can buy a common sneaker at 4 SOL (around $150) and earn up to $5 per day.
- Step App is a competitor of Stepn. Although their app is still in beta phase, you can already earn FAT which will be worth a few USD soon...
- Helium Network Renting or Helium Network Staking:
- Helium renting allows you to rent a hotspot (instead of buying it) in order to earn a few USD per month, and Helium staking to stake HNT.
- HNT is the token of Helium network. It has outperformed most of the other cryptos in the last two weeks. Helium is a pure mesh network.
- Elrond Maiar staking and DEX:
- Elrond EGLD is one of the Proof-Of-Stake coins which still have a huge room for growth, since most of the dapps still need to be developed.
- It can easily be staked to earn staking rewards (12% APR) by using the Elrond Maiar app with $10 sign up bonus. You can also use the DEX.
In summary, by combining several of the multiple options above, you can make at least $10 per day. As usual, it is not a financial advice, please DYOR.
Please find below a few links to earn a few coins...
