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Top ways you can create reliable passive income without capital
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[QUOTE="Bash4j, post: 326235, member: 102500"] Here are a few common ways to earn passive income in the crypto space 1. Staking: Staking involves holding a certain amount of a particular cryptocurrency in a compatible wallet or platform to support the network's operations. In return for staking your tokens, you can earn staking rewards. Some projects distribute staking rewards in the form of additional tokens or a percentage of the transaction fees generated on the platform. Bitget exchange for example offers a staking program for BGB holders, allowing them to earn passive income through staking. 2. Liquidity Mining: Liquidity mining is a mechanism where users provide liquidity to decentralized exchanges or liquidity pools and, in return, receive rewards in the form of tokens. An exchange like Bitget might have a liquidity mining program where BGB holders can provide liquidity to certain trading pairs and earn rewards for their contribution. 3. Yield Farming: Yield farming involves lending or providing liquidity to decentralized finance (DeFi) platforms to earn interest or additional tokens as rewards. If Bitget has integrated with DeFi protocols, it's possible that BGB holders can participate in yield farming and earn passive income through lending or providing liquidity. 4. Token Buybacks and Burns: Some projects use a portion of their profits or transaction fees to buy back their native tokens from the market, reducing the circulating supply. This can potentially increase the value of the remaining tokens held by users, providing a form of passive income through token appreciation. [/QUOTE]
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