How To Earn Crypto Rewards
With the growing crypto economy, there are more ways to earn rewards for holding crypto, learning about crypto and interacting with decentralized finance apps(DeFi).
The use of “Proof of Stake” consensus mechanism , whereby decentralized networks can ensure transaction verification. With such a network if you lock some of your holdings and earn rewards
One can earn stablecoins rewards by buying and holding dollar pegged stablecoins like USD Coin(USDC). On Coinbase as of June 2021 one can earn 2.00$% by holding Dai in an Coinbase account
Crypto Lending with CeFi
Centralized finance(CeFi) products provide compelling yield for keeping crypto holdings in stable form.
Crypto Lending with DeFi apps
This is when a crypto investor supply their cryptocurrency to DeFi lending protocols and receive rewards in the form of interest charged to borrowers. An investor needs a crypto wallet that is compatible with DeFi apps. However DeFi remains an emerging technology,.
Learn and earn
In exchange of learning the basics about certain cryptocurrencies one can earn. For example since the launch of Coinbase earn in 2018 users have received more than 100 million crypto.