EARNING CRYPTO AND UNDERSTANDING THIRD PARTY RISKS.

By Wolf2015 | My Crypto Info | 12 May 2021


Before I begin I want to explain the difference between third party sites, and your personal wallet. This way you have a direct understanding. I would like to say that third party sites are fine, but you need to know certain criteria in order for you to get the best experience from these.

 

Personal Wallets

 

Personal wallets are wallets you install on either your computer or mobile device, where you have access to your private keys. This means that you are the sole owner of whatever coins are shown on your wallet. Even though the coins are actually stored on the Blockchain, a digital signature to unlock them is needed. If you are not in possession of your private keys, those coins do not truly belong to you until they are on your wallet.

 

Third Party Wallets

 

A third Party wallet is a wallet that is owned by the site. They have the private keys and therefore the coins, until withdrawn are truly not in your possession. Until you are able to withdraw the funds they coins are not truly in your possession.

 

This is not to say all third party sites are bad. What this means is you need to keep a constant watch on the site to see if there are any abnormalities, or problems. With this being said, let us go take a look at some sites to earn.

 

 

STAKECUBE.NET

 

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Stakecube.net is a relatively new concept. I have been using this site and there are a few ways to earn. The first way is coins that actually stake, or gain interest. The second is a faucet you can use once every 24 hours. And finally there is mining. I keep an eye on this site and so far it shows a lot of potential, You just have to understand that even though the earning is good, there is always risk. If you are wanting to earn more and would like to experience this site, the only rule I have is never invest more than you could afford to loose. This includes cryptocurrency.

 

AUTO-FAUCETS

 

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In the beginning days, before mining truly took off there was the manual faucets. I spent 12 hours a day doing many of these manual faucets, and I wish there was Auto-Faucets like there is today. Instead of waiting 5 minutes, or 60 minutes or longer. These faucets are using tokens of adds you have viewed. You can actually have the faucet collect for you for hours.

 

With the world of cryptocurrency, there is only your mind that limits your ability to earn. There are multiple ways to not only increase your earnings, but there are numerous opportunities for growth and prosperity. The choices are yours to make.

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Wolf2015
Wolf2015

Author, Veteran, Journalist, Investigator, Patriot. Determined to staying Curious as My teacher, who passed, always told me to do. Believe no one, Listen to everyone, but only trust what you yourself can verify with your own research. Never believe anyone


My Crypto Info
My Crypto Info

Education of cryptocurrency from a person who actually lives off of mining and how to understand the many ways you can earn. Must research all for yourself, because results can vary depending on your miner and internet connection

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