Coinmerce introduces 15 new earn coins and updated earn percentages, allowing you to put your crypto to work and generate a passive income.
Earn up to 10% annually by putting your crypto to work. With just a few simple clicks, you can make your cryptocurrencies available to institutional investors. In return, you receive a handsome reward, up to ten percent per year.
So put your cryptocurrency to work at Coinmerce!
What is passive income?
Earning money without having to do anything; that's passive income. Passive income is a term that has become essential in the world of cryptocurrency and investing. It sounds great, earning money without lifting a finger, but how does generating a passive income actually work?
Passive income is simply a way to earn money that is not tied to time or labor. You generate passive income by doing work only once or a few times, and then you continue to earn income from it. Before you can truly have a "passive" income, you will need to perform some initial actions.
Also, it's important to keep in mind that passive income is not free; you will need to invest money first before you can generate a passive income.
Earn and Staking
Earn is a term used in the world of cryptocurrency and refers to earning a passive income by owning certain crypto assets. Instead of simply storing your cryptocurrencies in a wallet, you can choose to lend them to institutional investors and third parties to profit from it. They are only lent to extensively researched and continuously monitored parties. The profit generated from this lending is paid out as a reward to those who have made their cryptocurrencies available.
Staking is a specific form where you lock your cryptocurrency in a wallet to help with the security and validation of transactions on a blockchain network. By staking your cryptocurrencies, you contribute to the network's consensus mechanism and help ensure the integrity of the system. In return for this contribution, you receive a reward in the form of additional tokens.
The main difference lies in whom you make your cryptocurrencies available to: institutional investors for Earn and the Proof of Stake network for staking.
New Earn Coins