If you don’t want to or don’t have the time to trade, you can also generate passive income.
You can do so by staking for example. We will show you some ways here:
Just hold some PoS (Proof of Stake) coins in your wallet or at a stake pool. You can get rewards just by holding them.
There are a lot of PoS coins. Just make sure you don’t buy them just because they have a huge ROI. These coins mostly drop in no time, as the stakeholders sell these rewards very fast. Instead you should get some coins, where the devs are active and the coin has a use case. So your rewards might increase in value as well.
Stake- and Masternodepools:
As the wallets for staking and the masternodes have to be online 24/7 and you might not want to set up a VPS or if you don’t have enough coins to set up a masternode you can also join a pool for staking and get shared masternodes as well.
Here are some suggestions:
Some exchanges offer fee shares by holding their exchange coins on the exchange wallet. You will get shares of the fees, which are generated by trading. The exchange pays out a certain amount of the fees to the shareholders.
The following exchanges offer these shares:
Exchange / Coin
Coss.io / $COSS
Kucoin / $KCS
Crypto Bridge / $BCO