Photo by Towfiqu barbhuiya on Unsplash

Earn Passive Income During Bear Markets with Kucoin

By orbithunter | Orbit's Journal | 7 Jun 2022


Thumbnail Photo by Towfiqu barbhuiya on Unsplash

The crypto markets are stagnating lately. This limited earning opportunities through trading crypto assets. It is undeniable that we are currently on a bear market. Some people are also hinting on a 'crypto winter' coming. During this uncertain times, one of the ways to mitigate this is by employing passive income strategies. 

Passive Income is the ability to earn money on your dormant assets while you do practically nothing. This is one of the best ways to earn for crypto beginners. Passive Income lets investors earn stable income even during a bear market where opportunities are scarce.

Why Make Passive Income with KuCoin?

How to Make Passive Income with KuCoin

KuCoin provides many ways to earn passive income through their trading platform. KuCoin is a popular crypto trading platform and is one of the most popular exchange for altcoin trading. It supports 700+ tradeable assets and 12000 trading pairs. KuCoin also offers a diversity of crypto exchange services with high security and low fees. KuCoin being a crypto trading platform gives it an edge against other passive income platforms because it gives investors more options and liquidity. The different methods on how to earn passive income on KuCoin are listed below.

KuCoin Lending

KuCoin Lending User Interface

KuCoin Lending is a peer-to-peer platform without a third party that enables the loan to be issued at market-based interest rates. KuCoin lending provides faster operation, transparency and is fraud and risk-proof. It currently supports 100+ tokens that includes, USDT, ETH, SOL and also meme coins like SHIB.

Compared to traditional banks, KuCoin Lending makes it easier to lend and borrow quickly due to the non-restrictive nature of crypto lending markets. Don't worry though, because borrowers must provide collateral against their loan to qualify for it making  it safe. KuCoin Lending lets the lenders choose between Manual Lend and Auto-Lend

KCS Bonus

KCS Bonus

KCS Bonus is a passive earning program which lets users get a share of KuCoin's daily trading fees by staking the KuCoin Token (KCS). Users holding at least 6 KCS can get 50% of KuCoin's daily revenue paid in KCS. Of course, the more KCS you stake, the more rewards you get. Aside form this, KCS can also be used to pay for trading fees with 20% discount and in the future be used as a fuel for the KCC public chain.  You can read this article I wrote to learn more about this: Buy KuCoin Token (KCS) on KuCoin and Earn 50% of Trading Fees

KuCoin Earn

KuCoin Earn

KuCoin Earn is a one-stop wealth management platform where users can use various financial products to make passive income. KuCoin Earn provides different assets which provide interest for staking stablecoins and cryptocurrencies. From time to time, KuCoin Earn also showcases promotions for new tokens with very high return. KuCoin Earn also allows for ETH 2.0 staking without losing liquidity. KuCoin Earn also supports participation in parachain auctions in Polkadot and Kusama. 

KuCoin Trading Bot

KuCoin Trading Bot

KuCoin Trading Bot is a smart trading tool that can be used to automate trading strategies and takes advantage of market volatility through arbitrage for 24/7. This is suitable for users who want to take earning opportunities through trading but don't have the time to watch the markets. Using the trading bot also reduces trading risks and repetitive work which is very common when doing manual trading. You can read this article which explains in detail the step by step process on how to start your KuCoin Trading Bot: Beginner's Guide to Creating a KuCoin Trading Bot

KuCoin Affiliate Program

KuCoin Affiliate Program

KuCoin Affiliate Program is an affiliate program which provides a generous compensation for every referral. Instead of  giving a one-time payoff like other affiliate programs do, you get up to 40% of the trading fees if the friends you recruited executes a trade on the platform. You can also earn second-level commissions. 

The strategies outline in this article are the current offerings available on KuCoin Exchange. The team is currently working on other strategies to provide for investors to get a consistent stream of income. Take note that these passive income strategies are not risk free. Due to this, future invesyors are advised to do diligent research before trying these strategies out. 

If you are interested to try out these passive income strategies, you can open up a KuCoin Account by using my referral link: Referral Code: r3WUKKX

 

This post is created in line with the KuCoin Content Creator Program which will allow more people to participate in the construction of the KuCoin Ecosystem.  

KuCoin is a crypto exchange which supports over 600+ tradable assets. It is also known as the "People's Exchange" built for all classes of investors and is one of the top 5 crypto trading platforms. It is also named the Best Crypto Crypto App of 2022 for enthusiasts by The Ascent. You can learn more about Kucoin here: Read Here

 

Check out my other post about KuCoin.


Check more of my content here: https://orbithunter.blogspot.com/

Read.cash: @orbithunter

Check out my Twitter: @_orbithunter

Linktree: @orbithunter

How do you rate this article?

15


orbithunter
orbithunter

I blog about science and other interesting things. For Inquiries, visit: https://orbithunter.blogspot.com/ Linktree: https://linktr.ee/orbithunter


Orbit's Journal
Orbit's Journal

My personal take on topics about science, crypto and fun. For Inquiries: https://orbithunter.blogspot.com/

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.