Passive Income: How To Make Money With Crypto | Best Ways To Earn Passive Income With Crypto

You can generate passive income with cryptocurrencies as well. In this video, I want to demonstrate the kind of return that you can gain with the least level of risk. I want to get you excited about using cryptocurrency to generate passive income.

Lending and providing liquidity are the two major ways you can make money with crypto, but they also hold a fair amount of risk. You can lend through Cefi websites or use Defi protocols.

Cefi means Centralized finance. One significant drawback of holding your money on Cefi is that you are not the true owner of your funds. You have no options if these companies shutdown.
The alternative is to lend money through Defi websites. Your money is stored on the blockchain, which you can access using a wallet, on these decentralized websites.

The more lucrative way is to provide liquidity. And what is the risk in this case?  This risk is called Impermanent Loss. For a better understanding, watch the video.

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00:00 Introduction
01:02 Stable Coins
01:40 Risks
02:11 Method 1a
03:04 Risks
03:35 Method 1b
04:25 Method 2
06:27 Risks
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Passive Income: How to Make Money with Crypto| Best Way to Earn Passive Income with Crypto| Make Money With Defi | Paritosh Nath

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Title: Passive Income: How to Make Money with Crypto| Best Way to Earn Passive Income with Crypto| Make Money With Defi | Paritosh Nath
Music: ES
Credits: Jobin
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Paritosh is a CA with over 10 years of professional experience, and this is an investment education channel that discusses everything about how to build wealth. No complicated graphs, no sophisticated formulas, he covers everything from personal finance to stock market, all the way to crypto & DeFi.