If you are looking to make money online easily, then now it is possible to trade cryptocurrency using your Android smartphone too. It is also a way that you should consider. It is not a conventional means for many people, but yes, trading cryptocurrencies on platforms such as
https://pattern-trader.app/ can yield you a lot of profit within a short period.
Ethereum is a digital currency that has gained a lot of popularity and is one of the fast-growing industries of digital assets. It is backed up by blockchain technology and allows for trading using multiple means. It is a good option for those that are looking to make a good source of income online. Some of these ways and means do not even need any kind of investment of effort and time.
Ways to make money using Ethereum:
- Staking: this refers to the process of locking up or investing funds in a particular cryptocurrency and earn new ones in the way of interest. Apart from this, you will get price appreciation also if you hold the coins for a particular period. Many cryptocurrencies allow making a good amount of money with staking. This includes coins such as Tezos, DASH, WISE, PIVX, NAV Coin, etc. These coins are low-risk, secure, and quite flexible, too, as they allow you to withdraw the interest or liquidate the stakes easily at any time.
- Buying and HODLing: Buying some powerful cryptocurrencies is known as HODLing. Their ae great use cases and great concepts are present which can behold for some time with the hope that the prices will increase. When the price of the coin is high enough by which you can make profits, then you would be able to sell them in the market. In HODLing, you would not earn any interest in the funds.
- Trading: Crypto trading is very similar to stock trading, where you would be able to sell and buy the coins/tokens. A various number of exchanges are present from where you can buy the cryptocurrencies of your choice. After that, if you want, you can sell them, or you can also hold them and wait for the prices to increase. There is also day-trading for the people who would like to get good profits by buying and selling on the same day.
- Investing: It is a very easy way to earn cryptocurrencies. There are numerous ways by which you can earn with cryptocurrencies like ICO, exchanges, or direct investment. With the crypto investment, you will get the returns when the coin/token which you have purchased is appreciated. Depending on your investment in the cryptocurrency, you will get access to the product/project, or you can also use the coin for various payments.
- Bonus Tokens/Coins: Bonus offers are a very good way to earn cryptocurrencies. You will also don’t require anything to invest. All you have to do is earn the free coins by joining the bounty program, which is given out by cryptocurrency. Then you have to perform some very easy tasks. You can also earn the bonus tokens by investing in the ICO during the phase of the token sale. Early investors are always getting the bonus tokens in the new projects.
- Referral: Crypto referral program is a very good way to earn cryptocurrencies. Sometimes there is no need for any investment for earning in the project. You need to simply register on the website, and you will get the referral link that is unique to you and using that, you can start referring and earning.
- Sell for cryptocurrencies: when cryptocurrencies like ripple and bitcoin are allowed in your region, and you are a merchant, then you can use this in exchange for the services and goods. Cryptocurrencies are used as digital money and can be used worldwide for a transaction without any need to convert it into other currencies.
- Dividends: Dividends of cryptocurrency are working as stock dividends. After investing in it, you will get the fixed interest on the investment. You will have to buy and hold the cryptocurrency for some time before earning interest. NEXO, BNB is the top dividend in cryptocurrencies. There is no requirement of stake for earning the interest.