Passive Income: Best passive income streams in crypto and how to invest money. (2024)

Passive income is one of the best ways to boost your earnings during this upcoming crypto bull market, allowing you to enhance your portfolio while doing minimal work in the process.

The crypto market presents many unique ways to earn a passive income. Whether through revenue sharing, passive staking, airdrops, liquidity provision, or fees earned, there are hundreds of ways to make a passive income with blockchain technology.

In this article, we’ve found some of the best passive income streams in crypto and outlined how to invest money to get started earning a passive income.

Dogecoin20

Passive Income: Best passive income streams in crypto and how to invest money. (2)Spotlight Wire
Dogecoin20 ($DOGE20) is one of the best passive income streams in the meme coin sector, allowing its holders to earn an income through passive staking.


Dogeocin20 seeks to become the ultimate Dogecoin upgrade by pushing the meme coin into a more sustainable future utilising the proof-of-stake mechanism. The PoS algorithm allows $DOGE20 to be staked to earn a passive income.

Everybody staking $DOGE20 holdings will be rewarded with tokens based on their staking percentage of the staking pool. The team has set aside 15% of the total supply to ensure rewards are provided to stakers for the next two years.

In addition to the staking, Dogecoin20 also improves on the Dogecoin theme by introducing a token supply limit of 140 billion $DOGE20, removing the infinite inflation that the legendary Dogecoin experiences today.

Finally, as Dogecoin20 is an ERC-20 token, it provides faster and cheaper transactions, is DeFi Ready, and is compatible with most major wallet providers.

Overall, Dogeocin20 provides the perfect passive income opportunity while providing potential exponential gains through value appreciation.

The token is currently undergoing a presale and can be purchased on the project’s website using $ETH, $USDT, or a credit/debit card.

Buy $DOGE20 today.

Green Bitcoin

Passive Income: Best passive income streams in crypto and how to invest money. (3)Spotlight Wire
Green Bitcoin ($GBTC) is another crypto that provides a passive income stream through its predict-to-earn mechanism.

Green Bitcoin is a novel utility project that provides massive rewards for those making accurate Bitcoin price predictions. The project has created a unique Gamified Green Staking ecosystem that lets users stake $GBTC tokens and become eligible to place price forecasts on the future price of Bitcoin.

Users who place accurate forecasts are rewarded with a proportionate share of the daily staking rewards in the pool. The best part about the rewards is that they're scaled to the level of investment made. Therefore, those staking more $GBTC for extended periods earn higher rewards.

The team has reserved 27.5% of the total $GTBC supply to ensure rewards for the next two years.

In addition to rewards through accurate forecasts, users earn a passive income through the staking mechanism itself, doubling the potential revenue.

Overall, Green Bitcoin is one of crypto's best passive income streams.

To buy $GBTC, visit the project's website and use $ETH, $USDT, or a credit/debit card.

Buy $GBTC today.

Smog Token

Passive Income: Best passive income streams in crypto and how to invest money. (4)Spotlight Wire
Smog Token ($SMOG) is a project that provides a unique passive income stream on this list through its incoming airdrop.

Smog Token is one of the hottest trending meme coins on Solana in March 2024, as users rush to get positioned in the project to participate in the most historic airdrop in Solana’s history. The project allows users to buy and hold $SMOG tokens to accumulate airdrop points and be eligible to receive a free airdrop.

The team has stated that 35% of the total supply will be airdropped to users. As a result, if the airdrop occurs at the market cap high of over $300 million, an enormous $100 million will be airdropped to users.

Users can also accumulate more airdrop points by participating in the Zealy quests. With over one million Zealy quests completed, it’s clear investors are keen to earn more airdrop points for more passive income.

Although $SMOG was launched on the Solana network, it’s now a multi-chain cryptocurrency on Ethereum through Wormhole. As a result, users can also stake their $SMOG tokens and earn an APY, providing another avenue for earning a passive income stream.

Overall, Smog Token provides the perfect route to earning a passive income. The best place to buy $SMOG is through the OTC widget on the project’s website, which offers a 10% discount.

Buy $SMOG today.

eTukTuk

Passive Income: Best passive income streams in crypto and how to invest money. (5)Spotlight Wire
eTukTuk ($TUK) is a groundbreaking sustainability project that intends to bring affordable EV solutions to developing nations.

While Tesla has made significant progress in the developed world, its technology remains too expensive for developing nations to participate. eTukTuk intends to change this through its groundbreaking three-wheeler EV, designed to help replace the traditional tuk-tuk.

The tuk-tuk is the most popular mode of transport in developing countries but produces more carbon emissions than traditional cars. eTukTuk wants to help make the revolutionary switch to cleaner transport through the eTukTuk three-wheeler. It intends to launch its first fleet later this year in Sri Lanka, providing the perfect opportunity to get positioned early.

In addition, the project will introduce a network of charging stations to let drivers charge. All $TUK stakers earn network fees as drivers charge their vehicles, providing a passive income.

$TUK can be purchased on presale through the project’s website.

Buy $TUK today.

Jupiter Perpetuals Liquidity Provider Token

Passive Income: Best passive income streams in crypto and how to invest money. (6)Spotlight Wire

Jupiter Perpetuals Liquidity Provider Token ($JLP Token) is the Jupiter perpetual liquidity provider token for the immensely popular Solana DEX. Those who buy the token become liquidity providers by allocating their assets into the pool to earn a passive income.

The passive income is derived from trading fees on the platform, with 70% of all fees being injected into the Liquidity Provider pool. With the exchange seeing over $1.3 billion in trading volume daily, these fees are starting to add up quickly.

In addition to earning the fees, JLP holders see strong value appreciation as they own an index of the top cryptocurrencies.

Overall, holding $JLP lets you earn a passive income through the hottest DEX on the planet.

Disclaimer: The above content is non-editorial, and TIL (Times Internet Limited) hereby disclaims any and all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any manner and the publication of this content does not mean TIL's or Economic Times endorsem*nt. TIL strongly recommends the users to take all steps necessary to ascertain that any information and content provided is correct, updated and verified and/or speak with a qualified investment professional before making any investment decisions.

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Passive Income: Best passive income streams in crypto and how to invest money. (2024)

FAQs

Which crypto is best for passive income? ›

Passive income opportunities in the crypto market abound with various methods like staking, airdrops, and liquidity provision. Explore different tokens like Dogecoin20, Green Bitcoin, Smog Token, eTukTuk, and Jupiter Perpetuals for potential earnings.

Can you make $100 a day with crypto? ›

It is possible to make $100 per day, but there is no guarantee or specific technique you can use to ensure it happens. Cryptocurrency trading, lending, staking, and investing all come with significant risks because it is such a volatile and unpredictable asset.

How can I make $1000 a month in passive income? ›

Passive Income: 7 Ways To Make an Extra $1,000 a Month
  1. Buy US Treasuries. U.S. Treasuries are still paying attractive yields on short-term investments. ...
  2. Rent Out Your Yard. ...
  3. Rent Out Your Car. ...
  4. Rental Real Estate. ...
  5. Publish an E-Book. ...
  6. Become an Affiliate. ...
  7. Sell an Online Course. ...
  8. Bottom Line.
Apr 18, 2024

How do you turn crypto into passive income? ›

Best Ways to Earn Passive Income with Crypto
  1. Crypto Lending Platforms. ...
  2. Savings Accounts. ...
  3. Dual Cryptocurrency Notes (DCNs) ...
  4. Long Term Holding. ...
  5. Decentralized Lending Services. ...
  6. Staking. ...
  7. Cryptocurrency Mining. ...
  8. Dividend-Earning Tokens.
Apr 2, 2024

Which crypto is best for daily earning? ›

Best Cryptos For Day Trading
  • Bitcoin.
  • Ethereum.
  • Binance Coin.
  • Ripple (XRP)
  • Solana.

What is the best crypto to invest in to make money? ›

Bitcoin has always been the top choice for investors trading cryptos for profit. It has also been the highest-profit crypto, reaching a record high of $68,000 in November 2021 and again in March 2024.

Can you make $1000 a month with crypto? ›

Generating $1000 a month with crypto mining is possible but requires careful research. Options like staking, master nodes, lending, dividends, and Cloud Mining can contribute to your income. Diversify your portfolio and be mindful of associated risks, as with any investment.

What is the fastest way to earn from cryptocurrency daily? ›

8 Proven Ways for Making Money with Crypto
  1. Mining. The most common way to make money with crypto is through mining. ...
  2. Staking. ...
  3. Trading. ...
  4. Investing. ...
  5. Lending. ...
  6. Earning Interest. ...
  7. Affiliate Programs. ...
  8. ICOs.

How much money do crypto day traders with $10000 accounts make per day on average? ›

With a $10,000 account, a good day might bring in a five percent gain, which is $500. However, day traders also need to consider fixed costs such as commissions charged by brokers. These commissions can eat into profits, and day traders need to earn enough to overcome these fees [2].

How to make $2500 a month in passive income? ›

Invest in Dividend Stocks

One of the easiest passive income strategies is dividend investing. By purchasing stocks that pay regular dividends, you can earn $2,500 per month in dividend income. Here's a realistic example: Invest $300,000 into a diversified portfolio of dividend stocks.

How to earn 10k a month passively? ›

private job at electronic
  1. The Top 11 Ways to Earn $10,000 in Passive Income Each Month : Make Money Online. ...
  2. Dropshipping: The Gateway to E-Commerce. ...
  3. Using Endorsem*nts to Earn Through Affiliate Marketing. ...
  4. Etsy Print on Demand: Innovation Meets Business. ...
  5. Real estate crowdfunding. ...
  6. Creating and selling digital products.
Feb 10, 2024

How to make $2000 a month in passive income? ›

Wrapping up ways to make $2,000/month in passive income
  1. Try out affiliate marketing.
  2. Sell an online course.
  3. Monetize a blog with Google Adsense.
  4. Become an influencer.
  5. Write and sell e-books.
  6. Freelance on websites like Upwork.
  7. Start an e-commerce store.
  8. Get paid to complete surveys.

What is the best passive income in crypto? ›

Crypto Passive Income: 8 Ways to Earn (2024)
  • Cryptocurrency interest rewards.
  • Crypto lending.
  • Staking.
  • Dividend earning tokens.
  • Play-to-earn games.
  • Crypto affiliate programs.
  • Yield farming.
  • Cryptocurrency mining.

Can you make a living trading crypto? ›

However, it's still possible to make money with Bitcoin. You can trade it, lend it, hold it or earn it. Returns aren't guaranteed on this volatile asset; just as you can make money as the price goes up, it's also possible you could lose money if the price goes down.

Is crypto passive income taxable? ›

But when you gain any income from crypto—either from staking, lending or selling—you may owe taxes on the proceeds. The IRS treats all cryptocurrencies as capital assets, and that means you owe capital gains taxes when they're sold at a gain.

Which crypto to buy for quick profit? ›

Binance Coin (BNB) is the native token of this exchange, and it's often referred to by many crypto traders as one of the best cryptocurrencies to invest in today for short-term gains. Binance Coin is very popular amongst traders because it has quite a lot of use cases inside and outside the exchange.

Which crypto will give highest return? ›

Which crypto is most profitable? Bitcoin and Ethereum have historically been among the most profitable cryptocurrencies due to their widespread adoption and market dominance. However, profitability can change due to various factors, including market trends and new innovative projects.

Which crypto pays the most? ›

The 10 Best Cryptocurrencies for Staking
  • BNB. Real reward rate: 7.43% ...
  • Cosmos. Real reward rate: 6.95% ...
  • Polkadot. Real reward rate: 6.11% ...
  • Algorand. Real reward rate: 4.5% ...
  • Ethereum. Real reward rate: 4.11% ...
  • Polygon. Real reward rate: 2.58% ...
  • Avalanche. Real reward rate: 2.47% ...
  • Tezos. Real reward rate: 1.58%

How to earn 1 Bitcoin per day without investment? ›

Obtaining 1 BTC per day without any cost or risk is not possible. While there are various ways to obtain Bitcoin, such as through mining or trading, all of these methods come with some level of cost or risk.

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