How you can make money on Crypto.com (risk-free)

 You can make money on crypto.com without having to be concerned about the risks. If you've heard of the site but haven't yet signed up, you should do so now because I'll be presenting three simple ways to make money on crypto.com that are completely risk-free.

Crypto.com is a cryptocurrency exchange and market platform for individuals who are unfamiliar. This post will teach you all you need to know about the platform. Please keep in mind that this is not financial advice. It's something I tried and it worked, so I'm sharing it with you.

I also won't be sharing screenshots of my money for personal reasons. However, I'll walk you through each stage and explain how to use these techniques.

3 Ways to make money on crypto.com

1. Crypto.com SuperCharger

The crypto.com supercharge is a corporation reward programme that allows you to stake your Crypto.com currency (CRO) and receive rewards in the form of other coins or tokens. This implies that for each CRO coin you wager, you will receive a coin or token to farm. The amount of CRO coin you staked determines the proportion of the coin or token you'll receive as a prize.

This is how it functions. Assume you have 2,000 CRO and Crypto.com SuperCharger is currently Shiba Inu farming. Other Crypto.com users have also staked their CRO coins in order to raise Shiba Inus. Your percentage will be computed based on what you staked at the end of the farming or charging time. After that, you'll earn a free Shiba Inu coin.

How to use the Crypto.com SuperCharger

  1. Log in to your free Crypto.com account.
  2. With the Crypto.com App, you can: In the centre, click the Crypto.com logo (bottom of App)
  3. Select Supercharger from the Finance menu.
  4. Make a deposit using your CRO COIN.
  5. Go ahead and press the Charge Now button.
  6. Accept the following terms and conditions.

It's worth noting that each token has a varied charge duration. I've had the longest billing time of 45 days, and the reward period was also 45 days. However, the charge and reward period is usually 30 days.

The Supercharger also allows users to withdraw their CRO COIN at any moment. However, your reward will be calculated using your current CRO coin balance on the supercharger. You can stake a minimum of $100 worth of CRO coins.

At the end of the charge period, you must log in and claim your reward. If you don't, you won't get your daily reward until you do. The good news is that crypto.com sends out emails and app notifications to users asking them to accept their incentive.

The next method of profiting on crypto.com is even more intriguing. And this time, it will necessitate a small short-term investment.

2. Crypto.com EARN

Crypto.com EARN is a platform function that allows you to invest in the short term using your available coins or tokens. You can choose how long crypto.com holds your coin for, and you can receive up to 6% of your coin per year.

This is how it functions. Assume you have $500 in CRO COIN and wish to increase your earnings with Crypto.com EARN. You've given crypto.com $500 to keep for a maximum of three months. Crypto.com will release the coin for you to use after three months and will begin rewarding you every seven days.

The percentage you get is determined by the coin and the length of time crypto.com holds your coin. Here's how to use crypto.com's EARN feature:

How to use Crypto.com EARN

  1. Log in to your free Crypto.com account.
  2. With the Crypto.com App, you can: In the centre, click the Crypto.com logo (bottom of App)
  3. EARN can be found under Finance.
  4. Choose how long you want your asset to be held (its on a 3 month term by default)
  5. To begin earning money, click the Start Earning Now button.
  6. Choose your favourite cryptocurrency and the term for which you want to hold it. Continue by pressing the Enter key.
  7. Accept the terms of the agreement.

The minimum amount you can invest is $200 in your favourite cryptocurrency. It's worth noting that crypto.com will reimburse you in the coin you invested. If you invest in Shiba Inu, for example, crypto.com will likewise pay you in Shiba Inu.

You also have access to your coin only when the period has ended. You will not be able to withdraw the coin from crypto.com until the period has ended. This leads us to the third method of earning money on crypto.com: "borrowing."

3. Crypto.com Credit

Crypto.com Credit is a platform feature that allows you to borrow coins. All you have to do is put your coin down as security. According to crypto.com, you can pay back your loan whenever you want, with no late fees or deadlines.

This loan is approved instantly, and only verified users with coin to deposit as collateral are eligible to use this option.

How to use Crypto.com Credit

  • Log in to your free Crypto.com account.
  • With the Crypto.com App, you can: In the centre, click the Crypto.com logo (bottom of App)
  • CREDIT can be found under Finance.
  • To make a deposit, click the DEPOSIT NOW button.
  • Choose your favourite cryptocurrency and enter the amount you'd like to put up as collateral.
  • Accept the terms of the agreement.
You should be aware that if you do not repay the loan, Crypto.com will confiscate the collateral. You also won't be able to withdraw the currency you used as collateral while borrowing money from crypto.com EARN.

These are the three simple ways to profit on crypto.com. The crypto.com supercharger and crypto.com EARN are two of my favourites.

If you have any questions, please post them in the comments area below or contact us through our Contact Us page.

Comments

Post a Comment

Popular posts from this blog

Should you invest in crypto currency? What to know about digital currencies and investing safely?

Image
 Crypto money may have appeared to be a niche interest or a transitory craze in the past, but it is swiftly becoming mainstream. In a series of Super Bowl ads, Matt Damon, LeBron James, and Larry David promoted crypto currency platforms, which were so popular that one crypto currency app crashed after the game. Furthermore, the Los Angeles Staples Center was recently renamed the Crypto.com Arena after Crypto.com reportedly paid more than $700 million for the naming rights. There's a lot of buzz these days about crypto currencies, but what is it actually, and is it right for the average consumer or investor? Vicky Nguyen, NBC's senior consumer investigative journalist, explains what crypto currency is, how to tell whether it's trustworthy, and what red signs to look out for before investing. What is crypto currency?  Crypto currency is a type of virtual currency that is recorded on a block chain, which is a type of digital ledger. Some crypto currencies can be used to make p
Read more

Cryptocurrency price latest: Bitcoin falls below $40,000

Image
 Bitcoin's price has dropped below $40,000, and the value of other major cryptocurrencies, such as Ethereum, has also dropped. The ongoing conflict between Russia and Ukraine continues to have an impact on the global cryptocurrency market . Apart from the confrontation between Moscow and Kyiv, South Korean President-elect Yoon Suk-yeol has vowed a crypto-friendly administration. BITCOIN, ETHER DOWN The price of bitcoin dropped 1.69 percent to $38,486. Bitcoin appears to be on the verge of remaining volatile. At $2,567, Ethereum was down 0.79 percent. "In the last 24 hours, the global crypto market cap declined by roughly 3%, while trading volume increased by 17%. The price of Bitcoin and Ethereum fluctuated during the weekend. At the time of writing, BTC and ETH are trading at $38,000 and US$2,500, respectively. Over the previous week, the most valuable cryptocurrency, BTC, has fluctuated between $38,000 and $42,000 "Mudrex's CEO and Co-Founder, Edul Patel, stated. OT
Read more

Margin VS Leverage: Key Differences Between Margin and Leverage Trading

Image
 When a group of people decides to invest in equities or forex trading, they perceive a tremendous opportunity to earn better returns in situations when they need more initial capital than they have. In such instances, they may decide to borrow money from a broker or another business in order to increase their investment capital. In exchange, the broker requests assurance from the individual that he or she would repay the loan plus interest if the trade goes in a different direction. The margin is the total amount invested by an individual, including the collateral given, and this practise produces trading power known as leverage. Margin is mostly utilised to obtain and develop large leverage, which increases both profits and losses. While they may appear to be similar at first glance, there are various ways to distinguish between these trading words when comparing concepts. What is Margin? The difference between the total value of securities held in a margin account and the loan amoun
Read more