Alternative Crypto Investments

Different ways to earn cryptocurrency

  • Mining Pools - Mining is the process of creating new coins. It's also how the network is protected. The more miners distribute hash power (calculations made per second), the more secure the network becomes.
  • Staking Services - Staking virtual currency is the process of committing your crypto assets to a blockchain network in order to support it and confirm transactions. This is available for digital currencies that process payments using the proof-of-stake approach. This is a less energy-intensive version of the proof-of-work approach. Proof–of–work requires mining equipment to solve mathematical equations using computational power.
  • Lending Platforms - A crypto lending platform is a website that allows you to lend your cryptocurrency in exchange for interest. Borrowers in need of fiat currency (e.g. USD, EUR) take out loans via these platforms in exchange for interest.
  • TokenSets - Set Protocol allows traders to purchase baskets of tokenized assets. These baskets are set to reorganize based on the trader's chosen strategy, saving traders a lot of time and alleviating the stress that comes with trading.
  • Cryptocurrency Funds - Last but not least, cryptocurrency funds are making their way into the market. There are crypto hedge funds, as well as venture capital and private equity firms that invest in crypto-related projects. BTC, ETH, XRP, LTC, and EOS are the top five traded coins by daily volume (excluding stablecoins), according to PWC's crypto hedge fund report 2020.