Do you want to make "PASSIVE INCOME" using crypto?
How to earn “PASSIVE INCOME” in CryptoCurrency?
Here, we are particularly knowing a little about Crypto Currencies first…As you know, Crypto Currencies have entered into our lives so much that everyone wants to invest in them to become rich.
That’s not the WHOLE TRUTH.
People have earned millions on one hand, but some have lost millions on another.
It’s based on how much risk you are going to take…
Crypto Market works the same as any other normal stock market, just without any regulators to regulate it.
Though all the major exchanges like Binance, Huobi, WazirX, etc. have their risk control systems in place, people lose money just because they become emotional and lose all their money…
Enough of this, let us go deep into, what we are here for.. i.e.,
“Earning MONEY”
There are five major ways to earn in the world of CryptoCurrencies.
These are :
Trading
Mining
Staking
Airdrops
NFTs
When talking about “EARNING MONEY”. Here, we are taking a look at “Staking”. Many people don’t have the Time Or Huge money to play around with other ways of earning money other than “Staking”.
What is Staking?
It is also called POS — Proof of Stake. This system chooses the person (nodes), to confirm the creation of a new block based on the number of coins the “Node” has.
This “Node” acts as a bank and confirms the transactions that occurred in the particular coin throughout a period, which eventually creates a new block, which in turn makes you money.
Myth/Partial Truth :
It looks like a lottery system to some people, because the more coins you stake, you get a high chance to be chosen to validate the transaction, thus making money. So, you need more and more coins to be eligible to create a block.
But as the Heading says, it’s just the partial truth.
Why do I say that?
Before answering that, let’s get into which companies are into staking…
There are many apps, websites, and DAPPs, which allow us to invest or stake your Crypto Currencies / USD (FIAT Currencies, as said in the Crypto world).
The major companies which are into Staking are :
Binance
WazirX
Hotbit
Tron
Huobi Global
Pancakeswap
Zethyr Exchange
These major companies give either a very small amount of profit which they get from the coins that we stake or their coins proportionate to the coins that you and the whole community have staked in that investment plan/agency.
This makes more and more people discouraged to stake their coins/tokens. Only long-term investors join these types of staking programs.
There are many minor companies, but most of them tell us to invest in their companies, which in other words may become a “RugPull” shortly.
The term “RugPull” is used in the Crypto World as defining a “scam”, so beware of those kinds of investments…
What’s the safest way of “staking” then?
The STAKING should be based on SMART CONTRACTs.
( Smart Contracts are simply programs stored on a BLOCKCHAIN that run when predetermined conditions are met. They typically are used to automate the execution of an agreement so that all participants can be immediately certain of the outcome, without an intermediary’s involvement or time loss. They can also automate a workflow, triggering the next action when conditions are met.)
Neither the Company Nor Any Hacker can :
- Change the terms of the Smart Contract.
- Steal your coins/tokens staked.
- Lower or stop your income.
Your tokens, once staked will generate income according to the conditions and terms mentioned in the contract.
According to the contract, you may withdraw your income…
I am not here to create fear in this method of staking.
Here is one of the ways that I found, in which people get what they deserve to get and with full safety of Smart Contract being placed.
TRONPE NIMBLE
INTRO :
Tronpe Nimble has been deployed by a company called RAY (Robo Advisor for Yield).
This Staking platform works on the coin named TRON (TRX). By staking TRX, we can get income in TRX. We have to sell our income in the major exchanges into your respective fiat currencies.
Referring people would get you more benefits. Even if you don’t refer anyone, you get 310% of your investment in 310 days. i.e., 1% per day.
PLAN :
There are 3 types of income in this platform.
They are:
1% of your investment every day.
1. 1% of the Deposited amount is going to come every day, even if you refer someone or sit idly and invest your money.
2. Referral Income (Deposit Income):
1st generation — 10% of the Deposited amount
2nd generation — 5% of the Deposited amount
3rd generation — 3% of the Deposited amount
4th generation — 2% of the Deposited amount
E.g.
i) A refers to B and B invests 10000 trons, A gets 10% i.e., 1000 trons.
ii) B refers to C and C invests 2000 trons, B gets 10% i.e., 200 trons and A gets 5% i.e., 100 trons, and so on.
3. Matching Bonus ( Withdrawal Income)
i) A refers to B and B invests 10000 trons, A gets 10% i.e., 1000 trons.
ii) B refers to C and C invests 2000 trons, B gets 10% i.e., 200 trons and A gets 5% i.e., 100 trons, and so on.
3. Matching Bonus ( Withdrawal Income)
1st generation — 30% of the daily income
2nd generation — 10%
3rd generation — 10%
4th generation — 10%
5th generation — 10%
6th generation — 8%
7th generation — 8%
8th generation — 8%
9th generation — 8%
10th generation — 5%
E.g. A refers to B and B invests 10000 trons, A gets 30% of the daily income, when withdrawn by B i.e., If B withdraws 3000 trons after 30 days, A gets 30% of 3000 trons, i.e., 900 trons…
Similarly, Referrer of A gets 300 trons, his referrer gets 300 trons up to 5th generation, 6th to 9th generation above B gets 240 trons each, and 10th generation above B gets 150 trons.
Min. withdrawal amt. : 50 trx
Min. Staking amt. : 100 trx
Max. Withdrawal amt. : 310% of your staked amount.
To join :
- Download TronLink Pro from Play Store.
- Create a User id and Password (Make sure to note it somewhere safe)
- Back up Mnemonic code (12 words) and write it on a piece of paper or take a printout of it… Keep it safe.
- There is a 3rd button at the bottom, named “Discover”. Click on it and paste this referral link: https://tronpe.com/nimble/?ref=TMq3fCZhAk84qV8QaNuYGGaHqMA8WWFUoy
- You will see a popup saying “new user detected”. Click “Continue”. Click “Register”. If it asks “Sponsor’s wallet address”, paste this “TMq3fCZhAk84qV8QaNuYGGaHqMA8WWFUoy”. You are registered.
- Click on “Add Balance” at the top right corner and add the amount of “TRX or TRONS”, you want to add.
- With each transaction, the “wallet address” on Tronpe Nimble changes ( this is to reduce the gas fee). Be sure to copy the address every time, you transfer TRONs to TRONPE NIMBLE.
- Now stake the amount of TRX sent to NIMBLE at the first tab.
- Yippee! Your TRX is staked. You will get 1% returns every day.
- You can withdraw TRX everyday, if you have a minimum of 50 TRX, for which you do not have to pay any gas fees. It will show up in your TRON PRO LINK wallet.
- You can exchange the TRX on the wallet by sending it to a known Exchange and get the FIAT money (e.g. USD, INR, DINAR etc.) directly using P2P (Person 2 Person sales) .
- Another way of exchanging is to send your TRONs to BINANCE and then sell it via P2P method or send it to CoinDCX to sell it directly to respective FIAT Currency and send the money to the registered bank account.
- You can check other details on the same page.
NOTE:
1. Don’t share Mnemonic code or user id and password with anyone, no matter what…
2. Short form of TRON coin is TRX. Don’t confuse between them as 2 different coins. They are one and the same.
Happy STAKING…
TWITTER - https://twitter.com/ThinkinFrontier
INSTAGRAM - https://www.instagram.com/thinking_frontiers/
Similarly, Referrer of A gets 300 trons, his referrer gets 300 trons up to 5th generation, 6th to 9th generation above B gets 240 trons each, and 10th generation above B gets 150 trons.
Min. withdrawal amt. : 50 trx
Min. Staking amt. : 100 trx
Max. Withdrawal amt. : 310% of your staked amount.
To join :
- Download TronLink Pro from Play Store.
- Create a User id and Password (Make sure to note it somewhere safe)
- Back up Mnemonic code (12 words) and write it on a piece of paper or take a printout of it… Keep it safe.
- There is a 3rd button at the bottom, named “Discover”. Click on it and paste this referral link: https://tronpe.com/nimble/?ref=TMq3fCZhAk84qV8QaNuYGGaHqMA8WWFUoy
- You will see a popup saying “new user detected”. Click “Continue”. Click “Register”. If it asks “Sponsor’s wallet address”, paste this “TMq3fCZhAk84qV8QaNuYGGaHqMA8WWFUoy”. You are registered.
- Click on “Add Balance” at the top right corner and add the amount of “TRX or TRONS”, you want to add.
- With each transaction, the “wallet address” on Tronpe Nimble changes ( this is to reduce the gas fee). Be sure to copy the address every time, you transfer TRONs to TRONPE NIMBLE.
- Now stake the amount of TRX sent to NIMBLE at the first tab.
- Yippee! Your TRX is staked. You will get 1% returns every day.
- You can withdraw TRX everyday, if you have a minimum of 50 TRX, for which you do not have to pay any gas fees. It will show up in your TRON PRO LINK wallet.
- You can exchange the TRX on the wallet by sending it to a known Exchange and get the FIAT money (e.g. USD, INR, DINAR etc.) directly using P2P (Person 2 Person sales) .
- Another way of exchanging is to send your TRONs to BINANCE and then sell it via P2P method or send it to CoinDCX to sell it directly to respective FIAT Currency and send the money to the registered bank account.
- You can check other details on the same page.
NOTE:
1. Don’t share Mnemonic code or user id and password with anyone, no matter what…
2. Short form of TRON coin is TRX. Don’t confuse between them as 2 different coins. They are one and the same.
Happy STAKING…
TWITTER - https://twitter.com/ThinkinFrontier
INSTAGRAM - https://www.instagram.com/thinking_frontiers/
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