10 Best Cryptocurrency Side Hustles to Make Extra Money

advertisement - scroll to continue

10 Best Cryptocurrency Side Hustles to Make Extra Money

Today, it’s no doubt that cryptocurrencies have become a faster and more acceptable way of making payments for goods and services globally.

advertisement - scroll to continue

Many prioritize receiving a Bitcoin that the regular fiat currency.

In many ways, the global demand for these digital coins is on the rise.

It is estimated that there will be over 1 billion crypto users by the end of 2022. Moreover, there is a rapid increase in crypto-based businesses. Thus, these currencies should remain relevant.

Undoubtedly, one of the major reasons why cryptos remain relevant is due to their investment potential.

As a result, it could be highly rewarding to earn in crypto, as you stand a chance of making huge gains in the long run.

In this article, I will share insights into some cryptocurrency side hustles you can start making extra money.

Key Highlights

🎯 There will be over 1 billion crypto users by the end of 2022.

🎯 Crypto mining is one of the most popular ways to earn cryptocurrencies.

🎯 You can make a lot of money from NFTs.

🎯 Some browsers reward users with crypto tokens just for browsing the internet.

🎯 Crypto lending service is a good way to make huge profits from interests.

SEE ALSO: How To Invest In NFTs On OpenSea

SEE ALSO: Five Best NFT Side Hustles To Invest In

SEE ALSO: 10 High-Paying Crypto Side Hustles to Start Without Quitting Your Day Job

advertisement - scroll to continue

Side Hustle JuiceYou don't want to miss this

Get new hustle ideas straight to your mail weekly

Trust us, your email is safe.

 

 

10 Best Cryptocurrency Side Hustles to Make Extra Money

Best Cryptocurrency Side Hustles

1. Start Crypto Mining

Crypto mining is one of the most popular ways to earn cryptocurrencies today.

advertisement - scroll to continue

Just as people mine diamonds and other precious stones physically, you can mine cryptocurrencies. However, the difference is that you can only do crypto mining online.

To become a crypto miner, you need high-end computers that can run the computing processes to enable you to mine new blocks.

Alternatively, you can join a crypto mining pool if you do not have the required equipment.

For each block mined on the Blockchain, miners earn a particular amount of coins, depending on the currency.

For Bitcoin, miners stand to earn as much as 6.25 BTC for each mined block.

2. Sign Up On Play-To-Earn Crypto Games  

AXIE - Best Cryptocurrency Side Hustles

Many Blockchain games on the internet today allow players to earn for making in-game progress.

Some of these games are the popular Axie Infinity and Star Atlas. On Axie Infinity, player rewards are in the form of crypto tokens.

This move is, of course, because the game is a Blockchain game. In the game, players can earn by trading SLP and AXS, creating and selling Axies, and making other in-game exchanges.

advertisement - scroll to continue

It is quite daunting to make huge amounts of cryptos from Blockchain games. However, these games are surely worth it in the long run.

3. Start An NFT Project

NFT - Best Cryptocurrency Side Hustles

Shortened as NFT, Non-Fungible Tokens are the current buzz of the crypto world.

We keep hearing NFTs blowing up all over the internet. Now is the best time to tap into this golden opportunity.

Suppose you are an artist or a generally creative individual with an active community. In that case, you can make a lot of money from NFTs.

To start NFT investments, you must do a meaningful project representing your work, set up a value tag, and place it on marketplaces like Opensea or any other reputable NFT platform.

As the owner of an NFT, you can make money from Royalties, IP licensing, etc. The internet-popular meme, which represents a disaster girl, sold as an NFT project for a whopping $500,000.

Due to the subject of the image being a work of Zoë Roth, she earns a 10% fee from the project in royalties.

advertisement - scroll to continue

By setting up a successful NFT project, you unlock an automatic income stream that would bring in continuous cash with little stress.

4. Create A Digital Real Estate

Best Cryptocurrency Side Hustles

Whenever we mention real estate, the first thing that comes to mind is physical houses and property investments.

Today, however, technology has made virtual real estate a possibility. With the introduction of Metaverse, everything is done online today.

Players can now buy digital lands for digital estate development on platforms like Sandbox.

Via this side hustle, you need to build something cool that people would love, and you can start taking tickets from all those interested in viewing. The possibility is endless, as you can even build an amusement park or whatever interests you.

For example, the popular musician Snoop Dogg recently acquired and developed a plot of land on Sandbox.

He now sells party passes to individuals interested in hanging out with him in his virtual space. Though Metaverse is not yet officially published, there will be a wide range of activities on digital platforms anytime soon.

advertisement - scroll to continue

5. Start Building DApps

Generally, app development is a hot cake in the digital world. Thus, there is a higher demand for developers every day.

Just as app developers build apps for native operating systems, users can build apps for use on the blockchain.

These apps are called DApps, requiring special programming skills from developers.

Thanks to sites like Coursera and Udemy, you can now learn anything literally on your own. Thus you can pick an online course to start learning how to develop DApps immediately.

Also, you can start by developing crypto wallets; they are also in high demand. With little money, you can also hire a professional app developer on websites like Fiverr to bring your crypto app idea to life.

6. Create A Crypto Niche Blog

Following the global attraction to the crypto world, many crypto-based websites and blogs such as our partner website ox-currencies now publish articles about digital coins like Bitcoin, Ethereum, and more.

If you have little knowledge of these cryptos, you can also create a blog and utilize this opportunity.

Unlike in the past, creating a blog is easy today. With modern web hosting platforms, even beginners can install WordPress blogs with one click-install. The popular Bluehost is one of these websites that offer cheap blog creation services.

advertisement - scroll to continue

Bluehost - Best Cryptocurrency Side Hustles

Even as a beginner, you can easily sign up and kickstart the process of starting your crypto-focused blog.

7. Sign Up On Browsers Like Brave

Brave

Similar to crypto games, there are now few browsers that reward users with crypto tokens just for browsing the internet.

Brave is the first browser that introduced this technology, and they remain the complete blockchain-based browser to date.

Due to the decentralized system of the blockchain, this Brave browser uses customer privacy as a major marketing tool.

While using the browser, users earn Basic Attention Tokens (BAT). These tokens are, in turn, exchangeable for real digital coins.

8. Start Crypto Trading

Crypto trading is also one of the most popular forms of earning in the crypto world.

Also, it turns out to be one of the most lucrative cryptos hustles out there. Cryptocurrencies move similar to the stock market.

advertisement - scroll to continue

Thus, you can study the trend and make predictions on possible chart movements in terms of currency value.

As a crypto trader, you can buy currencies like Bitcoin when they are slightly low and sell at good rates when they go back up.

If you are a good analyst conversant with the chart movements of cryptos, you can make money as a trader.

By using Coinbase and other platforms like eToro, you can easily obtain a wallet address and start buying and selling crypto.

9. Sign Up On StormX

Formerly known as Storm Play, StormX is a crypto replacement for the popular Swagbucks website.

Like Swagbucks, players can earn for completing tasks like surveys, watching videos, and even playing games.

However, unlike the normal fiat currency rewards in Swagbucks, StormX pays in crypto. Thus, you can decide to receive your payment in Bitcoin, Litecoin, Ethereum, or any other Cryptocurrency.

advertisement - scroll to continue

Of course, making jumbo incomes from these platforms is difficult as they often offer only small tokens.

However, you can record significant improvements by using two or more of these sites.

10. Begin A Crypto Lending Service

Money lending is one side hustle that has also become very popular.

If you have some cryptos, you can start lending them right away to people, and you earn huge amounts of tokens from interests.

To easily meet those who might be interested in your services, you can also consider signing up on peer-to-peer crypto lending platforms.

The P2P wallet Coinload is one platform that allows you to Sign up either as a crypto borrower or lender.

Final Thoughts

Cryptos are very volatile currencies today, yet they have promising investment potential associated with their risks.

advertisement - scroll to continue

As a result, more people need to start crypto-based businesses to tap into the industry’s huge profits.

Whether a 9-5er or a stay-at-home mum, these side hustles suit everybody. Thus, anyone can make huge profits doing any of these hustles on the side.

Also, crypto wallets like Binance often offer bonuses and free rewards to users. With that in mind, users can make extra free tokens by owning these crypto wallets.




Comments are closed.