Crypto.com – Two Awesome Passive Income Opportunities

in #neoxian5 years ago

Crypto.com-Two-Awesome-Passive.jpg

Introduction

One of the most powerful things in the world is to make money while you sleep comfortably without stress. A choice you have on your plate is to generate a passive income and let the money work for you.

In the last few days, I tried to grasp all the elements about Crypto.com and the more I read, the more I was delighted. They offer many features that are thrilling.

The potential of Crypto.com

I recently wrote an article about Crypto.com APP because I have a good feeling about the potential of this application. It is refreshing to discover new projects and research about them.

I love to test new features and implement them for my goal to work full time from that space. You need not jump on every opportunity but to master a few, implement and follow them like a prescription.

Invest section

This is a feature I tested personally, and it works like a charm. Essentially, it is like investing in a mutual fund but in the crypto world.

The best part of it, you need not think about anything; you send money and you make money right away.

Quant trading with Crypto.com

This is a mysterious term that I came across for the first time. What you need to remember about it, it is a trading algorithm or a bot that trade instead of a human. Mostly, when you invest in the invest section of Crypto.com, you invest automatically with a robot trader.

The minimum you can start with is $20, and that is the option I chose for testing purposes. I plan to increase my position overtime but need to monitor the performance first.

You have different crypto portfolios, and I adopted the growth portfolio. I love to take more risk, especially with a small amount.

At least, you know they have the quant trading option and you can read thoroughly on their site.

Crypto.com tokens

The site has 2 tokens for various purposes. Each of those grants privilege and an enticement to stake them to generate a passive income.

The one that you need to keep in mind for this method is the token CRO that you can track on CoinMarketCap.

CRO staking & chain council node

When you stake CRO tokens on the APP, you provide specialized services and you become a chain council node, an equivalent of the masternode. A masternode is an essential component of the ecosystem where you provide requisite functions for the network.

The minimum for staking CRO is 10,000, and you can make 12% interest annually. At the time of writing this article, that represented roughly $300 USD.

What is noteworthy about the staking? You can purchase them on trading exchanges or directly on the APP.

I invite you to read more if you want to become a chain council node on their website.

Conclusion

The beauty of those methods is to make a passive income with no effort of your part and available under the roof of one APP. This is the APP of Crypto.com that you can install on your smartphone.

Remember that you need to pass the KYC to access both opportunities. So far, I started with the invest section of the APP and the best part is that you can take part in it with merely $20 USD.

I might consider implementing CRO staking tokens and receive a 12% annually of passive income. I plan to accumulate the tokens.

Chesatochi.com – For the love of crypto

Disclaimer: Never invest more than what you can afford to lose. This post is my opinion, do your own research before making any investment decision. If you make any trades after reading this post, it is your responsibility. I am not responsible for any of your losses. By reading this post, you acknowledge and accept that.

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Hey man this is some nice stuff.....hope you keep us updated, its something I'd like to try myself. Have you read about the Abra app? It enables fractional investment in major stocks. Its all cryptofied

Never heard of this application but I am going to invest right away because this pick up my curiosity.

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