Popular ways on how to make money on crypto
TL;DR
- Trading: Buy low and sell high on crypto exchanges. This includes day trading for quick profits and swing trading for longer-term gains.
- Holding: Purchase and hold cryptocurrencies for the long term, betting on their value increasing over time.
- Staking and Yield Farming: Earn rewards by locking up cryptocurrencies to support the network or provide liquidity.
- Mining: Use computer hardware to validate transactions on the blockchain and earn cryptocurrency as a reward.
- Participate in ICOs/IEOs/IDOs: Invest in a cryptocurrency project’s early stages to potentially buy tokens at a lower price before they’re listed on major exchanges.
- Crypto Social Media Platforms: Earn cryptocurrencies by creating and curating content on blockchain-based social media platforms.
- Affiliate Marketing: Earn crypto by promoting crypto products and services through affiliate links.
- Create and Sell NFTs: Mint your digital art or collectibles as Non-Fungible Tokens and sell them on NFT marketplaces.
- Play-to-Earn Games: Participate in blockchain-based games that reward players with cryptocurrency, or NFTs, for gameplay achievements.
Introduction
Dive into the digital gold rush of cryptocurrencies and discover innovative ways to amplify your investment portfolio. With the right strategy, making money in the crypto world can be a reality for both novice and seasoned investors. This guide will explore essential tactics, highlight the differences between brokers and exchanges, and shed light on leveraging platforms like Plus500 and VantageFX for your investment journey.
Understanding Cryptocurrency Investments
Cryptocurrency investment goes beyond mere speculation. It involves a thorough analysis of market trends, blockchain technology’s potential, and the intrinsic value of digital tokens. From long-term holding (HODLing) to engaging in day trading, the crypto market offers diverse strategies tailored to different risk appetites and investment goals.
Trading vs. Holding
Deciding between trading and holding can significantly impact your crypto earnings. Active traders capitalize on market volatility to generate profits, while holders bank on long-term appreciation. Both approaches require an understanding of market dynamics and a clear investment strategy.
Differences Between Brokers and Exchanges
Navigating the crypto marketplace demands choosing between brokers and exchanges – two pivotal platforms with distinct functionalities.
Crypto Exchanges
Platforms like Binance or Coinbase operate as marketplaces where buyers and sellers directly trade cryptocurrencies. Exchanges offer a wide array of tokens, real-time trading, and typically lower fees. They cater to users seeking direct market access and a hands-on trading experience.
Crypto Brokers
Brokers like Plus500 and VantageFX serve as intermediaries, offering cryptocurrencies and other financial instruments through Contracts for Difference (CFDs). They provide a simplified trading experience, often with added tools for risk management. Brokers are ideal for investors looking for ease of use, leveraging options, and the ability to trade multiple asset classes alongside crypto.
Broker | Evaluation | Functions | Benefits | Spread | Leverage | Total Fees | Visit Provider |
|---|
 | 4.8 | CFDs: Crypto, Indices, Forex, Commodities, Shares, Options, ETFs |
| Tight Spreads | 1:300 | No internal deposit fee |
 | 4.4 | • FX
• Metals
• Indices
• Cryptocurrencies
• Stocks
• Energies
|
| Tight spreads starting from 0.0 | 1:400 | Depending on payment method |
 | 4.2 | 49 global currency pairs, commodities, index CFDs, stock CFDs, ETFs, metals, commodities, energy |
| Tight Spreads | 1:1 – 30:1 | No fees |
 | 4.0 | 1000+ financial instruments, including Foreign Exchange, Commodities, Indices, Share CFDs, Cryptos, ETFs, and Bonds |
| 1.27 | 1:500 | $3 per side for every 100,000 units |
 | 3.9 | 70 crypto-pairs, 49 forex pairs (usdzar as well), 5 metals, 26 Indices, 130 stocks, 6 oil and gas, 6 agriculture assets |
| Spreads from 0.00 | 1:999 | 3% + inactivity fee |
Leveraging Crypto Investments with Plus500 and VantageFX
For those considering an investment journey in crypto, platforms like Plus500 and VantageFX offer a gateway to the world of cryptocurrency through CFDs. These platforms provide:
Plus500
A user-friendly interface, competitive spreads, and a robust risk management toolkit. Plus500 allows investors to speculate on the price movements of popular cryptocurrencies without owning the underlying assets directly.
- Recommended broker
Our recommendation:
Invest with Plus500
VantageFX
Known for its low spreads and deep liquidity, VantageFX offers traders access to a wide range of cryptocurrencies alongside traditional financial markets. Its platform caters to both beginner and advanced traders, offering educational resources and advanced charting tools.
- Recommended broker
Our recommendation:
Invest with Vantagefx.com
Conclusion
The path to making money in crypto varies significantly among investors, with each strategy bearing its own unique risk and reward profile. Understanding the nuances between brokers and exchanges is crucial to choosing the right platform that aligns with your investment style and goals. Platforms like Plus500 and VantageFX offer convenient, regulated options for those looking to dive into crypto CFD trading, providing a blend of security, diversity, and innovation in your trading journey.
Remember, investing in cryptocurrencies involves risk, just like any other form of investment. Always conduct thorough research or consult a financial advisor to tailor a strategy that suits your risk tolerance and investment objectives.
Broker | Evaluation | Functions | Benefits | Spread | Leverage | Total Fees | Visit Provider |
|---|
| 4.8 | CFDs: Crypto, Indices, Forex, Commodities, Shares, Options, ETFs |
| Tight Spreads | 1:300 | No internal deposit fee |
| 4.4 | • FX
• Metals
• Indices
• Cryptocurrencies
• Stocks
• Energies
|
| Tight spreads starting from 0.0 | 1:400 | Depending on payment method |
| 4.2 | 49 global currency pairs, commodities, index CFDs, stock CFDs, ETFs, metals, commodities, energy |
| Tight Spreads | 1:1 – 30:1 | No fees |
| 4.0 | 1000+ financial instruments, including Foreign Exchange, Commodities, Indices, Share CFDs, Cryptos, ETFs, and Bonds |
| 1.27 | 1:500 | $3 per side for every 100,000 units |
| 3.9 | 70 crypto-pairs, 49 forex pairs (usdzar as well), 5 metals, 26 Indices, 130 stocks, 6 oil and gas, 6 agriculture assets |
| Spreads from 0.00 | 1:999 | 3% + inactivity fee |
