Κυριακή 24 Μαρτίου 2024

10+ Best Cryptocurrency Exchanges to buy and trade Bitcoin Cryptocurrency

 

 

 Get $25 for free and earn interest on Bitcoin ► https://bit.ly/3P3VaRC

 

 So you want to try your hand at the crypto market?


I’m glad that more and more people are joining this crypto revolution and believe that Bitcoin is a good store of value.

 

In fact, interest in Bitcoin trading has grown significantly amid the Corona financial crisis and the looming economic recession.

 

Generally, there are two popular methods commonly used to invest in Bitcoin:

1. HODL: This is a simple strategy where you buy and hodl for long-term regardless of the extreme price movements.

2. Day trade: This a very short-term trading where you buy low and sell high to make a quick, easy buck.

 

For advanced traders, you can also use margin trading to borrow funds from an exchange to trader larger amounts of a specific crypto asset. For example, if you have 100USD on Bybit, you can use 100x leverage, and trade as if you had 10,000USD. Margin trading offers higher leverage, which leads to higher profitability, but the risk will be also higher.

 

No matter which strategy you’re using, all traders want the same things, that’s to increase the value of their investment.

 

The first step to getting started with crypto trading is to look for a good exchange to work with. 

 

With cryptocurrency trading platforms/exchanges, you can buy, sell and trade crypto 24/7, giving you an opportunity to maximize your trades. 

 

There are a few important things to consider when it comes to choosing the best Bitcoin trading site/exchange:

  • Safety
  • Reputation
  • Payment methods
  • Transaction fees
  • User interface

 

Taking into consideration the criteria above, here are the 6+ best websites for trading Bitcoin.

 

However, there’re always risks involved when it comes to any forms of investing- whether it’s gold, stocks, bonds or cryptocurrencies.

 

Before you start trading, always do your research, understand the risk, and set a goal for each of your trade to protect yourself from the mental and emotional stress of FOMO(fear of missing out) and FUD (Fear, Uncertainty and Doubt)

 

Whether you’re an experienced trader or someone who is experimenting with the idea for the first time, here are some of the best Bitcoin trading sites to help you grab massive returns from crypto trading.

 

 Get $25 for free and earn interest on Bitcoin ► https://bit.ly/3P3VaRC

Where to Buy, Sell and Trade Cryptocurrency Online

1. Bybit – Anonymous Crypto Trading, No KYC

 

Bybit is a global cryptocurrency exchange that does not require KYC (Know Your Customer).

 

Founded in 2018 by Ben Zhou, registered in the British Virgin Islands, with headquarter in Singapore, Bybit is a fairly new and young company that has grown very rapidly, used by more than 400,000 unique users, from 117 countries.

 

While most cryptocurrency exchanges that require users to submit their personal data in order to trade, Bybit doesn’t. This means that anyone, from (almost) anywhere in the world, can simply sign up for a free account using email ID, deposit funds and start trading on Bybit exchange without ID verification.

 

They do, however, geo-block website visitors from specific countries including USA, North Korea, Iran and Syria. If you’re in one of the restricted countries, you can still use a VPN like BulletVPN and NordVPN to access Bybit. 

 

Currently, Bybit offers two main options for trading:

  1. USDT perpetual: This is a linear contract settled in USDT. Since 1 USDT = $1 USD, calculation of profit/loss is more direct. For example, when trading 1 BTC and the price moves by 100 USDT, the P&L of the trader will be 100 USDT. 
  2. Inverse perpetual: An inverse perpetual means that a trader needs to hold BTC/ETH/XRP/EOS which is deemed to be more volatile. The contract is traded based on the underlying cryptocurrency. 

 

Bybit also features a clean and user-friendly layout, offers immediate feedback Chat live 24/7 with professional Customer Support Team in multiple languages (English, Chinese, Traditional Chinese, Korean, and Japanese).

 

As a crypto margin trading exchange, you can also use borrowed funds from Bybit to trade larger amounts of a specific financial asset. You can multiply profits up to 100x leverage with Bybit’s advanced leverage system. 

 

Just like any other crypto exchange, there’s a trading fee incurred for every executed fee. Bybit charges a flat fee of 0.075% for market marker and offers a rebate of 0.025% rebate to takers.

Bybit is also available both on iOS and Android, allowing traders to trade easily on the go.

 

The best part?

Bybit is now offering $90 for new users. Claim your $90 bonus here and start trading on Bybit.

 

Bybit Pros:

  • Anonymous Trading Accounts (No KYC)
  • Easy to use platform
  • Bybit’s mobile app is available on iOS and Android with full functionality
  • Up to 100x leverage
  • Low trading fees: 0.075% Taker Fee and -0.025% Maker Fee
  • No withdrawal fee, only pay for miner fee 0.0005BTC
  • No deposit fee
  • High liquidity
  • Exchange one cryptocurrency to another directly on Bybit
  • 24/7 Live Chat Support
  • $90 Welcome Trading Bonus for new sign-ups

 

Bybit Cons:

  • US citizens are not accepted.
  •  Only cryptocurrencies are accepted for deposits 

 

2. Phemex

Launched in November 2019, Phemex is a relatively new cryptocurrency derivatives exchange that’s built by ex-Morgan Stanley executives.

 

They aim to bring professional banking level service and quality to cryptocurrency exchanges. And they even claim to be the fastest cryptocurrency exchange, 10x faster than traditional crypto sites, with a high-efficiency order matching engine that minimizes downtime and overload. 

 

At present, Phemex offers two trading options:

  • Spot trading: Instantly buy or sell cryptocurrencies (BTC, ETH, XRP, LINK), and traded against USDT
  • Contract trading: BTC/USD, ETH/USD, XRP/USD, LINK/USD, XTZ/USD, LTC/USD, and non-crypto GOLD/USD trading pairs. Contracts are settled in the underlying asset and quoted in USD

 

Phemex also offers advanced trading features such as 100x account leverage. You can multiply your exposure to price volatility to generate higher returns.

 

What’s unique about Phemex is the exchange premium membership. It’s the first exchange in the crypto space that’s offering this membership feature. Users can subscribe to their monthly premium pass to access all of their services including zero-fee spot trading.

Consider paying a taker fee of 0.075% for each trade, this small fee really adds up over time. If you’re an active trader, it’s smart to get a premium membership to save maximum money.

 

Additionally, you can also create sub-accounts within an existing account for different trading strategies. You can try out long positions, short positions, trading bots in each sub-account.

 

For new users, you can get yourself familiar and test out all features with their simulated trading. This way, you can buy, sell, trade with simulated funds without the fear of losing money.

 

Phemex Pros:

  • No KYC, trade anonymously.
  • Up to 100x leverage trading.
  • Built by ex-Morgan Stanley Executives
  • Zero trading fee (Premium account)
  • Free deposit fees
  • a flat 0.0005 BTC for every bitcoin withdrawal
  • Ability to create sub-accounts
  • Phemex’s mobile app is available on iOS and Android with full functionality
  • $72 Welcome Trading Bonus for new sign-ups

 

Phemex Cons:

  • US citizens are not accepted.
  • Relatively new, only launched a year ago.

 

3. BitMEX

BitMEX (Bitcoin Mercantile Exchange) is the world’s leading cryptocurrency platform that launched its services since 2014. 

 

Since it’s a derivatives platform, there’s no actual transfer of Bitcoin between buyers and sellers. Rather, BitMEX allows you to buy and sell contracts for cryptocurrencies combined with margin trading (aka leverage).

 

You can trade contracts for different cryptocurrencies at BitMEX:

  • Bitcoin (XBT)
  • Cardano (ADA)
  • Bitcoin Cash (BCH)
  • Ethereum (ETH)
  • Litecoin (LTC)
  • EOS Token (EOS)
  • Ripple (XRP)

 

This P2P crypto trading platform is more suitable for experienced traders.

 

BitMEX Pros:

  • Advanced margin trading services
  • Leverage up to 100x
  • Low fees

 

BitMEX Cons:

  • Not suitable for beginners
  • Only accept Bitcoin for deposit and withdrawal

(*You will receive a 10% fee discount for the first six months)

 

4. Bityard

Bityard is a Singapore-based cryptocurrency contracts exchange that aims to provide a safe trading environment and professional trading tools for its users.

 

Launched in November 2019, Bityard is a legitimate online crypto trading platform. It’s regulated by the American Money Services Businesses, Singaporean Accounting and Corporate Regulatory Authority (ACRA), MTR of Estonia for the European Union, and Australian Transaction Reports and Analysis Centre (AUSTRAC).

 

Getting started with Bityard is fast and simple. You can register a free account in 30 seconds and trade with as little as 5 USDT.

 

Bityard supports both Mainstream Cryptocurrency and OTC. To maximize your trading returns, you can choose from 10x to 100x leverage.

 

In addition to that, there’s a daily mining activity that allows users to earn a small amount of major cryptocurrencies (BTC, ETH, XRP, BCH, LTC, EOS, TRX, USDT) and Bityard coin (BYD COIN) every day, with just a click. You can then use this gift money to pay for trading fees or get excess income from listing.

 

Bityard Pros:

  • No KYC is required.
  • Only a one-time transaction fee of 0.05% for every position opened.
  • Free Bityard coin BYD. Get BYD through register and trade.
  • Flexible leverage options, anywhere from 10x to 100x. 
  • Super fast transactions
  • Fully regulated in the USA, Singapore, Australia, and Estonia.
  • 258USDT Welcome Bonus!

 

Bityard Cons:

  • Relatively new, only launched a year ago.

 

5. Binance

No list of cryptocurrency trading platforms is complete with Binance.

 

Binance is one of the most popular and fastest-growing crypto exchanges on the Internet. Binance allows you to buy, sell and trade over 200+ cryptocurrencies, with highly competitive fees.

 

It’s suitable for both beginners and experienced traders.

 

There are two user modes to choose from:

  • Classic interface: A simple and easy-to-use interface for beginners. Get a quick view of the market and trading pairs.
  • Advanced interface: For experienced traders. Get full access to all advanced trading tools and charts.

 

Besides that, you can use the Binance Coin (BNB), a native currency on the exchange to enjoy up to 50% discount on your trading fees.

 

Instead of paying 0.1% regular trading fee, using BNB allows you to deduct 50% of the fee to merely 0.05% in the first year, according to the fee structure below:

10 Best Cryptocurrency Exchanges to buy and trade Bitcoin Cryptocurrency. Thinkmaverick

You can start trading without KYC on Binance. However, if your daily withdrawal limit is more than 2BTC, you’ll need to complete the personal ID verification process

 

Binance Pros:

  • Very low fees
  • High liquidity
  • Wide range of cryptocurrencies
  • Ease of use, quick trading times
  • Binance Futures -up to 125x leverage
  • Binance ‘s mobile app is available on iOS and Android with full functionality
  • Offer a suite of related crypto products: Binance Savings, Binance Loans, Binance Staking, Binance P2P trading, Binance DEX, Binance OTC, Binance Academy, and more 

 

Binance Cons:

  • KYC is required for higher trading limits

 

 

6. CoinSwitch – best instant cryptocurrency exchange platform 

Best cryptocurrency exchanges. thinkmaverickCoinSwitch is a little (bit) different from the other crypto exchange on the list.

 

Unlike Bybit and Phemex, Coinswitch doesn’t offer any margin trading. There’s no option to trade cryptocurrency contracts and assets with leveraged positions for maximum returns.

 

Rather it’s more suitable for users who’re looking for a simple, quick and hassle-free way to get hold a certain cryptocurrency.

 

With Coinswitch, you can easily and quickly trade Bitcoin and over 300 altcoins, with just a few simple clicks, without the need of creating an account.

 

Coinswitch acts as a mediator. Its robot integrated into some of the most popular cryptocurrency exchanges in the market like Binance, HUOBI, KuCoin, HitBTC, IDEX, Ethfinex and more to give you the best real-time price.

 

CoinSwitch’s biggest selling point is the simple, fair and flat fee of 0.0 -0.5% for each transaction. No additional commissions or withdraw fees. I think it’s considered minimal in exchange for the unforeseen risk and high volatility they bear on behalf of users.

 

Although CoinSwitch focuses on deals in crypto-to-crypto transactions, you are can also buy cryptocurrency using credit/debit card.

 

Here’s how it works:

  1. Use CoinSwitch to find the best exchange rate across a wide range of crypto exchanges.
  2. Enter the amount you want to exchange.
  3. Select the desired currency pair that offers you the most value.
  4. Provide your wallet address.
  5. Send your cryptocurrency to the given wallet address.
  6. That’s it. Wait for your coins and complete the transaction.

 

Note: You need to buy your own crypto hardware wallet first because CoinSwitch doesn’t store your coins on its servers.

I recommend Ledger Nano S or Trezor to keep your crypto assets safe.

 

Coinswitch Pros:

  • Instantly exchange between cryptocurrencies
  • Easy to use
  • Suitable for beginners

 

Coinswitch Cons:

  • No margin trading
  • Not suitable for full-time traders

 

*Earn $5 when you complete a transaction of $100 on CoinSwitch here

 

Conclusion

There you go! 6 best cryptocurrency trading platforms to get you started.

 

If you’re a new cryptocurrency trader looking for an easy-to-use platform, then Binance is for you. 

 

If you’re just looking for a simple and easy way to exchange cryptocurrency, then use CoinSwitch.

 

If you’re looking to get higher rewards, you can borrow funds from an exchange with margin trading. You can start with Bybit and Phemex.

 

Each crypto trading platform has different fees, supported countries, supported coins and unique fees.

 

Sign up for a free account and grab the welcome bonus, get yourself familiar with the interface and start trading.

 

Tips:

  1. Always turn on the two-factor authentification (2FA) and be more secure.
  2. I also strongly recommend you to use a reliable hardware wallet like Ledger Nano S or Trezor to store your crypto assets.

 

Since cryptocurrency exchanges have been highly vulnerable to thefts and hackers, it’s very risky to keep your digital currency using free wallet on exchange sites.

 

 

 

10 Easy Ways to Make Money with Bitcoin and Cryptocurrency

 10 Easy Ways to Make Money with Bitcoin and Cryptocurrency. thinkmaverick

 

 Can you really make money with Bitcoin? Absolutely yes.

 

I admit, it’s the possibility of getting rich that attracted me to Bitcoin at first…

 

But once I got my feet wet in crypto, I stuck to learning about Bitcoin.

 

Soon I realized that I’ve got it all wrong.

 

Because…

 

Bitcoin is not a get rich quick scheme, but rather a way to get rich slow.

 

While investing and educating myself about this revolutionary technology, I also found some legit ways to earn free bitcoins and make money from it.

 

However, juicy opportunities for getting “easy money” has also led many to fall for scams.

 

Due to that, I’ve performed some detailed research and thought it would be helpful to share some of the legit, easy ways to make money with Bitcoin and cryptocurrency.

 

Whether you’re looking to earn tiny fractions of bitcoin during your spare time or planning to build a career in crypto, I hope this list will give you a headstart in the right direction.

 

 Get $25 for free and earn interest on Bitcoin ► https://bit.ly/3P3VaRC

 

How to Make Money with Bitcoin and Cryptocurrency

1. Buy and HODL

The easiest way to lose money in cryptocurrency by far is through speculative trading.

 

According to Bloomberg, as high as 80% of total transaction volumes on Bitcoin trading exchanges consist of bots.

 

Here’s the truth, human traders can never outperform traders. And trading is where 90% of people lose their money.

 

Contrary to popular belief, buying and HODLing Bitcoin is one of the safest ways to reap maximum profit in the long run.

 

To help you understand better, let’s look at this example:

If you invested $1,000 in Amazon 10 years ago, you’d make about $20,000 today.
$1,000 in Microsoft 10 years ago = ~$8,000
$1,000 in Netflix 10 years ago = ~$100,000
$1,000 in Apple 10 years ago = ~$9,000
$1,000 in Bitcoin 10 years ago = >1,000,000,000 ( 185,185 bitcoins at $9,800 per BTC)

 

Bitcoin has been the best performing asset over the last decade… blowing away stocks, startup, bonds, gold, silver, and any other precious metal or commodity.

 

Andreas Antonopoulos, veteran bitcoin expert once said, “Bitcoin won’t necessarily be the shopping coin. It won’t necessarily be the day-to-day transaction coin. It will be the coin you invest for your retirement.”

 

Even though we’re still at the early stages of crypto, more and more people, including merchants, financial institutions and investors, are demanding Bitcoin.

 

With its decentralized digital scarcity (only 21 million bitcoins will ever exist) and practical use cases, it’s inevitable that Bitcoin is bound to increase in value.

 

One of the easiest ways to buy Bitcoin is using Instant exchange like ChangeNOW . You can buy Bitcoin with a credit card without the need of creating an account.

 

Buy Bitcoin, store it securely in your own hardware wallet for decades, do nothing and access it one day to find that it’s worth millions in fiat money.

 

But HODLing can be harder than it seems. Do you own research before investing in cryptocurrency. Here’s a long read on How to get rich without trading Bitcoin (or renting out your time)

 

If you’re new to the world of crypto, always educate yourself first before investing. Check out this guide on how to buy Bitcoin and how to store your crypto assets.

 

However, I understand that not everyone is ready to invest in Bitcoin and cryptocurrency with hard-earned money.

 

Luckily for you, there are several different ways to make money with Bitcoin without spending a dime. Keep reading and you’ll find out.

 

 Get $25 for free and earn interest on Bitcoin ► https://bit.ly/3P3VaRC

 

2. Microtasks for Bitcoin

Doing micro tasks like answering messages, taking surveys, watching videos and downloading apps is an easy, no-brainer way of earning Bitcoin,

 

I tried a few sites to see which ones work best.

 

Earn Bitcoin used to be my favorite app for completing microtasks and earning Bitcoin. Here’s a screenshot of my earning:


Unfortunately, one year after being acquired by Coinbase, Earn Bitcoin is shutting down.

 

And I just found another great survey site that pay out in bitcoins – Timebucks.

You get $1 worth of BTC for just signing a free account. For your first day, you can earn up to a maximum of $50 worth of Bitcoin. After that, you can expect to earn between $10-20 worth of Bitcoin daily depends on the task and time spent on the platform.

 

Not only it pays the most compared to other platforms, tasks are also pretty easy and takes a couple of minutes to complete.

 

You can choose to cash out your balance directly to your Bitcoin wallet, AirTM, Payeer, Skrill and Neteller.

 

You definitely won’t get rich or earn a full-time living from doing small jobs alone. But you won’t waste much time, you can easily earn small fractions of a Bitcoin during your spare time.

 

To help you make more money, read our step-by-step guide on getting started with Timebucks.

 

If you’re looking for more quick jobs, check out websites as below.

 

 

3. Earn Interest by Lending out Your Bitcoin

10+ Easy Ways to Make Money with Bitcoin and Cryptocurrency. thinkmaverick

Deposit money in bank accounts and receive interest on your deposits is a century-old method of growing your money.

 

The same concept applies to Bitcoin and cryptocurrencies.

 

You can use any of these platforms to earn the high yields on your crypto assets:

 

If you’d like to review how you can HODL your bitcoins while earning some yields, check out our detailed comparison here 6 best Bitcoin lending sites.

 

 

4. Earn Cryptocurrency by Walking

How about getting paid for staying fit? Yes, you can!

 

Sweatcoins is an awesome app that tracks your steps and pays you in sweatcoins (SWC).

 

It’s a fun and easy way to earn extra cash by doing what you already do naturally — walking.

 

Anytime you walk or run outside, it will detect and convert your steps into sweatcoins.

 

For every 1,000 steps you take, you’ll earn ~0.95 SWC.

 

You can then spend your SWC on products, services and experiences on their marketplace.

 

The more you walk/run, the more you get paid.

 

 

5. Earn Crypto while Learning

Let’s earn while you learn about new coins and tokens.

 

Aiming to make cryptocurrencies easier to obtain and easier to understand, Coinbase is launching a special program called Coinbase Earn.

 

It’s a great way to understand more about an asset’s utility and its underlying technology, while earning some cryptocurrencies.

 

You can learn and earn cryptocurrencies such as Zcash, EOS, Ox, Stellar and more. 

 

how to earn free Bitcoin. ThinkmaverickBut how does it work?

That’s easy!

1. Simply head to Coinbase and login to see the list of educational videos and courses.

2. Select a cryptocurrency you want to learn and watch videos on your laptop or phone.

3. After each video, you’ll need to complete a simple quiz testing what you’ve learned.

4. You’ll receive crypto in your Coinbase wallet.

 

That’s it. Once you accumulate enough crypto, you can exchange it for cash on Coinbase or exchange these altcoins into bitcoin using reliable exchange sites like Binance and Exolix.

 

 

6. Earn Free Bitcoin when you shop online

Earn Free Bitcoin when you shop online. ThinkmaverickHow about getting rewards in Bitcoin while shopping online?

 

Lolli is a Chrome extension that helps you do just that, allowing you to earn up to 30% for over 500+ top brands all across the web, with virtually no effort!

 

Of course, no one would want to buy more stuff just to earn free Bitcoin.

 

But if already you’ve something in mind that you want to purchase, Lolli can help you to save extra bucks as well as earning cash back in bitcoins!

 

To earn Free Bitcoin with Lolli, you just need to follow some simple steps:

  1. Install Lolli extension on your chrome browser.
  2. Shop the web, Lolli will pop up to notify you on the percentage of Bitcoin you can earn-back.
  3. Buy whatever you’re planning to buy as normal.
  4. Earn free Bitcoin when you checkout using Lolli.

 

 

7. Earn through Crypto Faucets

If you’re looking to earn more Bitcoin with your time, cryptocurrency faucets can be another easy way. Faucets are websites/apps that require users to watch advertisement, play online games in return for tiny amounts of Bitcoin.

 

Some faucets will pay you in alternative cryptocurrencies such as Litecoin and Dogecoin. You can use instant exchange site like Exolix to turn it into Bitcoin.

 

To be honest, I’ve not tried any crypto faucets because the average payout is extremely low. And it takes too long to make enough money. I’m talking about earning 1-1000 Satoshi per task. (1 Satoshi= 0.00000001 BTC). 

 

In other words, you’re earning pennies per hour!

 

Still, it’s possible to make money from it. Rather than aimlessly scrolling through your feeds on Facebook/Instagram, visit faucet website and earn some Satoshi.

 

If you’re interested in earning bitcoin through faucets, you can find a list of popular Bitcoin faucets here.

 

 

8. Working for Bitcoin and Cryptocurrency

This is probably the best and fastest way to earn a decent amount of bitcoins.

 

Whether you’re a writer, translator, Youtuber, copywriter, designer, marketer, freelancer, developer or engineer, you can start offering your services in exchange for payments in Bitcoin.

 

These jobs can often be done remotely, from anywhere in the world.

 

It’s possible to earn over $50,000 a year.

 

Some websites that pay your services for bitcoin:

 

 

9. Earn bitcoin with your computer

Are you interested in Bitcoin mining or earning BTC passive income?

 

Honeyminer is a simple but helpful app that lets you mine instantly.

 

Typically, mining cryptocurrency is a complex process, requiring technical knowledge and high upfront costs.

 

But Honeyminer just makes it super easy and possible for everyone to collect Satoshi with just a computer.

 

All you need to do is install Honeyminer (Windows and Mac), and let it run on your computer. The app will use your computer to mine coins and convert them into Bitcoin automatically.

 

With this free app, you’ll be able to earn Bitcoin while you sleep.

 

 

 

Depends on your computer power, you can expect to generate tens of thousands of Satoshi every month. 

 

 

1o. Predict, learn and earn Bitcoin with zero risk

easy ways to make money with Bitcoin and cryptocurrency. ThinkmaverickIf you like checking Bitcoin price every day, why not predict its price and earn some extra money at the same time?

 

SwissBorg Community is one great app that I personally use and recommend for you. It’s a fun way to learn more about Bitcoin, predict BTC price movement and earn crypto called SwissBorg.

 

You don’t have to fork out any of your own money to get started.

 

First of all, download the app (available both on Google Play and App Store) and enter code GRRW5KI to get free points.

 

That’s it, now you can start predicting Bitcoin price using the free points. If you predict price correctly, you’ll be rewarded with more points.

 

To earn more points, you can log in every day, invite friends, and get a 7-day streak bonus.  

 

Here’s the catch every time a new user joins the SwissBorg Community, they’ll add $1 to the prize pool. So the more people join this app, the bigger the prize!

 

Don’t hope to get filthy rich with this app, but rather a way to earn some money while making predictions.

 

 

11. Make Money from Writing

If you have a way with words, you can start making money by writing on third-party platforms like Steemit.

 

This approach is different from freelance writing.

 

Because you’re not getting paid per word or per article, rather you earn money based on a voting system. The more valuable your content, the more like you get, the more you earn.

 

Besides Steemit, two great websites that allow you to earn with your content are Y’alls and D.tube (For videos)

 

 

12. Make money by Referring Friends

Find a good product or service? Why not share it with your friends and get a reward.

 

Earning through affiliate programs is perhaps one of the most overlooked ways to earn extra cash.

 

It’s pretty easy. You promote a service or product that you like and when people sign up or make a purchase using your link, you will receive a commission.

 

Here’s how it works:

  1. You sign up for a bitcoin affiliate program that you’ve personally used or trust and believe in.
  2. Fill up your profile and provide your Bitcoin address (this is where they’ll send your earnings)
  3. You will be given a special referral link that will bring visitors directly to their website.
  4. Share the link with the world! You can add the link on your blog post, website, invite your email contacts, share it on forums, pin it, tweet it. Get creative.
  5. When someone clicks your link and make a purchase, you’ll earn a commission in bitcoin.

 

To help you get started, here are some of the popular websites that offer good-paying affiliate programs:

 

 

Also, read my step-by-step guide to making money with Bitcoin affiliate programs.

 

Don’t ever underestimate this stream of passive income. If you’re committed to it, you can possibly make a full-time income by promoting various affiliate programs.

 

But of course, you’ll need a good strategy to do that, which leads to my next point.

 

13. Start your Own Blog (Not Easy)

Is making money with your own WordPress blog easy?

Yes and No.

 

It’s easy to create and setup your own blog (you just need to pay for hosting).

 

Building a great thing is always hard in the beginning, you’ll have to invest your time, effort into creating valuable content. But once you build a following and get enough traffic, money can come in a lot easier than you think.

 

As more and more people are getting interested in Bitcoin and cryptocurrency, the readership will continue to grow exponentially.

 

In fact, my partner, Winson has launched a blog about cryptocurrency, as a channel to express his thoughts about Bitcoin, as well as sharing what he learned (without jargon) to the world, two years ago.

 

And now this site consistently generates passive income every month.

 

Earning money from displaying ads, promoting affiliate programs, sponsorships are just a few ways to make money from blogging.

 

If you’re looking to build a passive income or long term business, starting a blog can be the best investment of your time!

 

You can’t expect to get return instantly, but it can be extremely rewarding in the long run. And thus I include this on the list as a bonus.


If you’re interested in starting your own self-hosted blog, take a look at my step-by-step guide. I’ll show you everything you need to do to start a successful money-making blog.

Here’s a list of best resources and tools for your blog! I use them to manage, optimize and grow my blog. I’m sure they’ll help you as much as they’ve helped me.


 

Conclusion

So there you have it! Enough information to get you started on earning money from Bitcoin.

 

It’s easy to get started and suitable for everyone, including absolute beginners.

 

In the meantime, learn and earn as much as you can.

 

And stay safe.

 

Don’t fall prey to scams or illegal pyramid schemes that guarantee fast returns.

 

Do you know any other ways to earn money with Bitcoin and cryptocurrency? Share your tips in the comment section down below.

 

Last but not least, if this post was of any help to you, please share it with your friends and families!

 

 

 

 

 

 

 

 

 

 

 

 

41 Must-see Crypto Business Ideas to Make Money Online in 2024

 crypto business ideas

 

 

The world of cryptocurrency has evolved from a niche market to a global phenomenon, reshaping the financial landscape and creating unprecedented opportunities for entrepreneurs and investors alike.

As digital currencies like Bitcoin and Ethereum gain mainstream acceptance, the crypto ecosystem is bursting with innovative crypto business ideas that promise not only lucrative returns but also the potential to revolutionize traditional industries.

 

 Get $25 for free and earn interest on Bitcoin ► https://bit.ly/3P3VaRC

 

Best Crypto Business Ideas

Whether you’re a seasoned investor or a newbie looking to dive into the crypto space, understanding the vast array of business possibilities in this domain can be the key to unlocking significant wealth.

From decentralized finance platforms to the burgeoning world of NFTs, the crypto realm offers a goldmine of opportunities for those willing to explore and innovate.

1. Crypto Exchange Business

Starting a cryptocurrency exchange is one of the most popular and potentially lucrative crypto business ideas.

Centralized, decentralized, hybrid, and P2P exchanges each offer unique benefits and cater to different audiences within the crypto community.

With the right strategy and user-friendly interface, a crypto exchange can attract a vast user base and generate significant revenue through transaction fees.

2. DeFi Platform Development

DeFi

Decentralized Finance (DeFi) platforms are revolutionizing traditional financial systems.

From exchanges to yield farming and staking, DeFi platforms offer a plethora of services that are transparent, secure, and decentralized.

By building a robust DeFi platform, entrepreneurs can tap into a rapidly growing market and offer innovative financial solutions.

3. Token Launchpad/Presale Platform

With the continuous launch of new cryptocurrencies, platforms that facilitate token presales are in high demand.

These platforms help projects raise funds by selling tokens before they are publicly available.

By ensuring transparency and security, a token launchpad can attract projects and investors, leading to a win-win situation.

4. Decentralized Applications (DApps)

DApps are applications that run on a blockchain or P2P network.

Unlike traditional apps, they are not controlled by a single entity and offer enhanced security and transparency.

DApp games, in particular, have gained immense popularity, offering a blend of entertainment and potential earnings.

5. Crypto Lending and Borrowing Platforms

Crypto lending platforms allow users to earn interest on their cryptocurrency holdings.

On the flip side, they also enable users to borrow cryptocurrencies or fiat against their crypto assets.

With proper risk management and user-friendly features, these platforms can attract a significant user base.

6. Digital Wallet Development

digital wallet

A crypto wallet is an essential tool for anyone involved in the crypto space.

By developing a secure and user-friendly crypto wallet, businesses can cater to both new and seasoned crypto users.

Wallets can be web-based, mobile, desktop, or even hardware-based, each catering to different user needs.

7. Crowdfunding Platforms

Crowdfunding platforms in the crypto space, such as ICO, STO, IEO, and IDO platforms, help projects raise funds by selling tokens to the public.

These platforms need to ensure transparency, security, and compliance with regulations to gain the trust of both projects and investors.

8. Crypto Payment Gateways

As more businesses accept cryptocurrencies as a mode of payment, there’s a growing demand for reliable crypto payment gateways.

These gateways facilitate crypto transactions, making it easier for businesses to accept digital currencies and for users to spend them.

9. NFT Business Platforms

The NFT (Non-Fungible Token) market has exploded in popularity, with artists, musicians, and creators selling digital assets.

By creating an NFT marketplace or platform, businesses can tap into this burgeoning market, facilitating the minting, listing, and trading of NFTs.

10. Metaverse Platform Development

The metaverse is a collective virtual space, merging augmented reality, virtual reality, and the internet.

As the digital frontier expands, creating or investing in metaverse platforms can be a game-changer.

These platforms can host virtual events, digital real estate, or even virtual societies.

With tech giants like Facebook pivoting towards the metaverse, the potential for growth is immense.

Entrepreneurs can capitalize on this trend by offering unique experiences, tools, or spaces within the metaverse.

11. Mining Ventures

Cryptocurrency mining

Cryptocurrency mining involves validating transactions and adding them to the blockchain.

By setting up a mining operation, individuals can earn rewards in the form of new coins.

However, it requires a significant investment in hardware and consumes a lot of electricity.

As more eco-friendly mining solutions emerge, there’s potential for sustainable mining ventures.

Collaborating with renewable energy sources can also make mining more profitable and environmentally friendly.

12. Industry Tracker Platforms

With the dynamic nature of the cryptocurrency market, traders and investors need up-to-date information.

Industry tracker platforms provide real-time data on prices, market caps, volume, and other relevant metrics.

These platforms can also offer insights, analysis, and predictions based on current data.

By offering a user-friendly interface and accurate data, such platforms can attract a substantial user base.

Monetization can be achieved through ads, premium features, or subscription models.

13. Affiliate Marketing

Affiliate marketing in the cryptocurrency world involves promoting products or platforms in exchange for a commission.

By partnering with exchanges, wallet providers, or other crypto services, individuals can earn a percentage of the revenue generated through their referrals.

It’s essential to promote trustworthy and reliable products to maintain credibility.

With the right marketing strategies, affiliate marketing can be a significant source of passive income.

Leveraging social media, blogs, or even YouTube can amplify reach and conversions.

14. ATM Operations

Cryptocurrency ATMs allow users to buy or sell their digital assets conveniently.

By setting up and operating these ATMs in strategic locations, businesses can cater to the growing demand for easy access to cryptocurrencies.

It’s crucial to ensure compliance with local regulations and provide a secure and user-friendly experience.

As adoption rates increase, areas with limited access to digital platforms can benefit immensely from physical ATMs.

Regular maintenance and updates can ensure smooth operations and customer satisfaction.

15. Consultancy Services

As the crypto industry evolves, many individuals and businesses seek expert advice.

Offering consultancy services can encompass areas like investment strategies, regulatory compliance, or tech solutions.

Experienced professionals can guide newcomers, ensuring they navigate the crypto world efficiently and safely.

By hosting webinars, workshops, or one-on-one sessions, consultants can reach a broader audience.

Building a reputation for reliability and expertise can lead to higher demand and premium charges for services.

16. Blockchain Development

Blockchain

Blockchain is the underlying technology behind cryptocurrencies.

Offering blockchain development services can cater to businesses looking to integrate this technology into their operations.

From supply chain enhancements to transparent record-keeping, blockchain has diverse applications across industries.

Developers with expertise in blockchain can offer customized solutions, ensuring scalability and security.

As more businesses recognize the potential of blockchain, the demand for skilled developers is set to rise.

17. Trading Bots Development

Trading bots automate cryptocurrency trading based on predefined algorithms.

Developing and selling these bots can cater to traders looking to maximize profits and minimize manual intervention.

These bots can execute trades at high speeds, capitalize on price differences, and operate 24/7.

It’s essential to ensure that these bots are reliable, secure, and adaptable to market changes.

Offering regular updates and customer support can enhance user trust and satisfaction.

18. Merchandise Stores

The growing popularity of cryptocurrencies has led to a demand for related merchandise.

From branded T-shirts to hardware wallets, setting up a merchandise store can cater to enthusiasts and professionals alike.

Offering high-quality products with unique designs can set a store apart from competitors.

Collaborating with influencers or hosting giveaways can boost visibility and sales.

Ensuring secure payment options and efficient delivery can enhance customer loyalty.

19. Education and Courses

With the increasing interest in cryptocurrencies, there’s a demand for quality education on the topic.

Offering courses, tutorials, or workshops can cater to individuals looking to deepen their understanding.

Topics can range from basics for beginners to advanced trading strategies for seasoned investors.

Platforms like Udemy or Coursera can host these courses, reaching a global audience.

Regularly updating content to reflect industry changes can ensure relevance and value for students.

20. Tax Consultancy

The tax implications of cryptocurrency transactions can be complex.

Offering consultancy services in this niche can help traders and investors navigate the regulatory landscape.

From understanding capital gains to ensuring compliance, tax consultants play a crucial role.

Building a team of experts familiar with local and international tax laws can cater to a global clientele.

Hosting webinars or publishing guides can also position a consultancy as an industry leader.

21. Staking Platforms

staking

Staking involves holding and locking up a cryptocurrency to receive rewards.

Platforms that facilitate staking can attract users looking for passive income opportunities.

Ensuring a user-friendly interface, security, and transparency can enhance user trust.

Collaborating with popular cryptocurrencies can also boost the platform’s appeal.

Regular updates and customer support can ensure smooth operations and user satisfaction.

22. Yield Farming Platforms

Yield farming or liquidity mining involves providing liquidity to earn rewards.

Platforms that simplify this process can attract users looking for high returns.

It’s crucial to ensure transparency, security, and user-friendly interfaces.

Collaborating with popular DeFi projects can enhance the platform’s credibility.

Offering tutorials or guides can also help newcomers navigate the complexities of yield farming.

23. Analytics Platforms

Data-driven insights are crucial in the dynamic world of cryptocurrencies.

Platforms that provide real-time analytics, market trends, and predictions can cater to traders and investors.

Offering features like customizable dashboards, alerts, and historical data can set a platform apart.

Collaborating with data providers can ensure accuracy and comprehensiveness.

Monetization strategies can include ads, premium features, or subscription models.

24. Insurance Services

The digital nature of cryptocurrencies brings inherent risks.

Offering insurance services against theft, hacks, or other issues can cater to cautious investors.

Collaborating with established insurance providers can enhance credibility.

Ensuring transparent claim processes and comprehensive coverage can set a service apart.

Regularly updating policies to reflect industry changes can ensure relevance.

25. Arbitrage Platforms

Arbitrage involves capitalizing on price differences across exchanges.

Platforms that automate this process can attract traders looking for quick profits.

Ensuring high-speed trades, security, and a wide range of supported exchanges can enhance user experience.

Offering tutorials or guides can help users maximize their profits.

Regular updates to reflect market changes and customer support can ensure user loyalty.

26. Gaming Platforms

gaming

Cryptocurrency is revolutionizing the gaming industry by enabling secure, transparent, and fast transactions.

Platforms that integrate crypto into gaming can offer players unique rewards, in-game purchases, or even real-world value for their achievements.

Collaborating with game developers or offering SDKs for integration can expand the platform’s reach.

As the gaming community grows, there’s a vast potential for platforms that seamlessly blend gaming and crypto.

27. Donation Platforms

Crypto-based donation platforms can cater to charitable organizations and causes worldwide.

These platforms can ensure transparency, allowing donors to track their contributions.

By offering low transaction fees and global reach, crypto donations can be more efficient than traditional methods.

Collaborating with renowned charities can also enhance the platform’s credibility and reach.

28. Subscription Services

Cryptocurrency can simplify the subscription model, offering seamless, automated payments.

Platforms that facilitate crypto-based subscriptions can cater to content creators, software providers, and other services.

Ensuring a user-friendly interface, security, and a wide range of supported cryptocurrencies can enhance user experience.

As more businesses adopt crypto, the demand for such platforms is set to rise.

29. White-label Solutions

Offering white-label crypto solutions can cater to businesses looking to integrate cryptocurrency without building from scratch.

From exchange platforms to wallets, white-label solutions can provide customization and scalability.

Collaborating with businesses across industries can expand the reach of these solutions.

Ensuring regular updates, security, and customer support can enhance client satisfaction.

30. Licensing Services

As the crypto industry grows, there’s a demand for licensing services to ensure compliance.

Platforms that facilitate licensing can cater to exchanges, wallets, or other crypto businesses.

Collaborating with regulatory bodies and offering a streamlined application process can set a platform apart.

Ensuring transparency, efficiency, and regular updates can enhance user trust and satisfaction.

31. Franchising Opportunities

 

Offering franchising opportunities in the crypto world can cater to entrepreneurs worldwide.

From crypto cafes to educational centers, franchising can expand a brand’s reach.

Providing franchisees with training, marketing support, and a proven business model can ensure success.

As global interest in crypto rises, franchising can tap into new markets and demographics.

 

32. Hardware Development

The demand for crypto-specific hardware, like wallets or mining rigs, is on the rise.

Businesses that focus on developing and selling this hardware can cater to enthusiasts and professionals.

Ensuring high-quality products, security features, and user-friendly designs can set a brand apart.

Collaborating with tech influencers or attending industry events can boost visibility and sales.

33. Software Development

From wallets to analytics tools, there’s a vast potential for crypto-specific software.

Developing and selling this software can cater to a growing user base.

Ensuring a user-friendly interface, security, and regular updates can enhance user experience.

Collaborating with other platforms or offering SDKs for integration can expand the software’s reach.

34. Merchandising Services

With the growing popularity of crypto, there’s a demand for related merchandise. 

 

 

Offering branded apparel, accessories, or collectibles can cater to enthusiasts.

Ensuring high-quality products, unique designs, and secure payment options can enhance user experience.

Collaborating with influencers or hosting giveaways can boost visibility and sales.

35. Event Management

Hosting crypto-focused events, webinars, or workshops can cater to professionals and enthusiasts.

From networking events to educational seminars, there’s a vast potential in this niche.

Collaborating with industry leaders, offering unique insights, and ensuring a seamless experience can set an event apart.

As the crypto community grows, there’s a rising demand for events that foster learning and collaboration.

36. Influencer or Blogger Ventures

crypto-blogger

Crypto influencers or bloggers can cater to a vast audience seeking insights, news, or analysis.

By offering unique content, regular updates, and engaging with the community, influencers can build a loyal following.

Collaborating with platforms, hosting giveaways, or offering sponsored content can be lucrative.

As more people seek crypto knowledge, influencers play a crucial role in shaping perceptions.

 

 

37. Legal Consultancy

The regulatory landscape for crypto is complex and ever-evolving.

Offering legal consultancy can help businesses navigate this landscape.

From ensuring compliance to handling disputes, legal consultants play a vital role.

Building a team of experts familiar with local and international regulations can cater to a global clientele.

38. Research and Analysis

Offering in-depth research and analysis on crypto trends, coins, or technologies can cater to investors and businesses.

Platforms or services that provide these insights can charge for premium reports, forecasts, or strategies.

Ensuring accuracy, comprehensiveness, and regular updates can enhance user trust.

Collaborating with data providers or industry experts can ensure relevance.

39. Branding and Marketing Services

As more crypto businesses emerge, there’s a demand for branding and marketing services.

 

Agencies that specialize in crypto can offer unique strategies, campaigns, or designs.

Collaborating with startups, exchanges, or other platforms can expand the agency’s reach.

Ensuring a deep understanding of the crypto audience and trends can set an agency apart.

40. Security Consultancy

Security is paramount in the crypto world.

Offering consultancy services focused on enhancing security can cater to exchanges, wallets, or other platforms.

From penetration testing to security audits, consultants can ensure platforms are hack-proof.

Building a reputation for reliability and expertise can lead to higher demand and premium charges for services.

41. Community Management

 

Crypto projects often rely on strong communities for success.

Offering community management services can cater to projects looking to build, engage, and grow their user base.

From moderating forums to hosting AMAs (Ask Me Anything), community managers play a crucial role.

Ensuring transparency, regular engagement, and a deep understanding of the project can enhance community trust and loyalty.

Conclusion

The realm of cryptocurrencies offers a vast array of business opportunities, each with its unique potential and challenges.

 

From developing platforms and tools to offering consultancy services, the crypto ecosystem is ripe for innovation and entrepreneurship.

As the world continues to embrace digital currencies and the technology behind them, the potential for growth in the crypto business space is immense.

Whether you’re a seasoned entrepreneur or a newbie looking to dive into this domain, understanding the various crypto business ideas can be the key to carving a niche for yourself in this dynamic and ever-evolving market.