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Facebook’s Libra announcement and Bitcoin’s 2 times price rise since April once again attract the attention of millions of people. Cryptocurrencies proved to be not only the result of blockchain revolution but also the source of passive income. I’m not going to tell you about buy and hold strategies and things you may already know, rather than tell you about services that allow making money on crypto in different ways. So, here we go!
Tokpie
For almost anyone in the crypto sphere, there is no breaking news about bounties existence. People earn money by making microtasks. But the big deal is a service that provides Tokpie for its users.
It allows bounty hunters to sell bounty stakes for Ethereum of different projects on Tokpie exchange immediately as soon as stakes appear on bounty spreadsheet. In comparison, usually, it takes months for bounty hunters to receive the deserved reward. In such a way Tokpie saves time for people and help to avoid the risk of wasting time for zero bounty rewards.
WhatToMine
Bitcoin price, as I mentioned, is going up, and so do altcoins prices. It also impacts in a positive way the revenue you can get from mining. WhatToMine is absolutely the most popular service that helps you to choose what exact coin is better for mining in term of future profit. The service is so popular, that according to Similarweb, top service to website traffic adjustment, WhatToMine have 4.7 million visits per month — this is huge.
Using WhatToMine, you can check how profitable it is to mine selected altcoins in comparison to Ethereum or Bitcoin.
Earn.com
This service (now owned by popular crypto exchange Coinbase) has made it possible for the masses to use digital currencies such as BTC to send and receive targeted, paid microtasks. Earn.com was formerly known as 21.co.
The idea of their service is simple and targeted on providing people the possibility to earn Bitcoin by replying to emails and completing tasks. To get started here, you need to sign-up using your email ID and complete your profile by providing minimal personal information. Moreover, upon verification, you can also use digital currencies like BTC or ETH to send and receive targeted, paid microtasks. Isn’t it cool?
Bitcoinity
Bitcoinity is a useful service to track profitable arbitrage deals between biggest exchange platforms, such as Bitfinex, Bitstamp, Coinbase, Gemini, Kraken and etc. For sure, Bitcoinity is for people that already know how to trade and have not even one account on a cryptocurrency exchange. For people who are newbies in this field, to trading arbitrage is the simultaneous purchase and sale of an asset (cryptocurrency) to profit from an imbalance in the price.
Bitcoinity also shows information about trading volumes, current prices, volatility, and other helpful data.
Cent.co
This guys from Cent have created a unique income-generating social network, enabling anyone to earn money by sharing their wisdom and creativity.
To deep down into the details, the original thought behind Cent is to incentivize all the things we do right now on centralized social networks like Facebook or Twitter. i.e., to incentivize people to react to content or make content.
Bounty0x
Bounty0x is a cryptocurrency bounty hunting platform that allows earning cryptocurrency and tokens by completing simple marketing, software development, and creative tasks. There are lots of bounty categories to choose — from typical airdrops and translation to content creation, digital marketing graphic design, programming and software, surveys and video/animations tasks.
The minus of the project is problems with the payments. At least, there are some reviews you can google on the internet, and even on their official Reddit page.
Honeyminer
Previously I talked about WhatToMine, the service that helps to choose the best crypto for mining. Still, the mining itself for newbies in blockchain could be too difficult to understand and to use. The solution here is Honeyminer. Honeyminer is a crypto mining software which makes it easy for anyone to mine cryptocurrencies just with a computer.
Imagine earning meaningful passive income just by having your computer turned on, all while taking part in the blockchain revolution. This is possible with this service. All you need is to register, install the software, and Honeyminer will start harnessing your CPU & GPU power to mine various cryptocurrencies on your running machine.
Top 7 Services for Earning Cryptocurrencies was originally published in Hacker Noon on Medium, where people are continuing the conversation by highlighting and responding to this story.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.