Ways to Generate Income in cryptocurrency with Exchanges

[akeemqaz]

For generate some profit in crypto exchange what I think you should follow up  the event like binance have mega drop, launch pool and also staking. I have gain some good amount on the  binance launch pool recently.

You made valid points here. Mega drops, launchpools, and staking are relatively safe ways to generate income on exchanges, though they're not entirely without risks. But while staking is usually always available, mega drops and launchpools are typically time-limited events and not always accessible to everyone I think.

[akeemqaz]

Which of these methods do you find most interesting, and why?

For me only trading is the choice to go with. I use exchanges for trading only and for me it works and I'm happy that I figured that thing in 2017's and still I'm making some good profits as a trader.

As mentioned below here, I would advise anyone to participate in staking, airdrops on exchanges, or launchpools instead of trading. However, if they insist on trading, it's better to start with spot trading instead of futures.

Trading is really the common way here in the crypto space so that we can get profit in this business industry. Even if we say that you will do yield farming, its destination is still trading. Of course, the yield that you can get from there is still trading to turn it into money.

Even if we say that it's still staking or what, in short, trading is the major factor for us to get earnings here, and that's the truth in that matter.

Yes, I agree if that's spot trading. But futures trading is one of the riskiest ways to generate income on exchanges. You can easily lose all your money with futures trading. This is quite different from staking and other methods.

[Crypto Library]

You made valid points here. Mega drops, launchpools, and staking are relatively safe ways to generate income on exchanges, though they're not entirely without risks. But while staking is usually always available, mega drops and launchpools are typically time-limited events and not always accessible to everyone I think.

First of all, I want to say you have made the wrong quote, kindly fix it.
Now if we talk about the Mega Drops and the launchpool pad yes I suggest them for lowers risk but it also risk contain but if you have large amount of stable fund you can use that for it by holding FDUSD. But the problem is here those are not always available for doing good profit those are seasonal but  I think effective. I think those are more safer to doing future trade.

[SamReomo]

As mentioned below here, I would advise anyone to participate in staking, airdrops on exchanges, or launchpools instead of trading. However, if they insist on trading, it's better to start with spot trading instead of futures.

Staking, airdrops, and launchpads aren't worth one's time. However, if someone has huge amount of money then surely they can make profit from staking and launchpads or from those airdropped coins.

Those who hold less money should always consider trading as that's the best way to make money from exchanges I believe. I'm pretty sure that you've lost money in trading that's why you're trying to stop others from trading.

Trading surely isn't for weak hands, it's for those people who can control their emotions and make trades by doing research and with a good strategy. Those who are making money from trading will always recommend it. One should definitely ignore futures trading.

[electronicash]

the bitget shillers should love this thread for they can post their link here. but they are not the only one who allows users to invest in their native exchange token. plenty of them even the DEX has tokens where users can stake their tokens and earn coins everyday.

binance offer though is more lucrative different tokens can be staked in their platform and you just earn APY.  down this page is where list of tokens you can invest and stake in binance and earn weekly or monthly. https://support.binance.us/hc/en-us/articles/360046787154-Staking-on-Binance-US-Frequently-Asked-Questions

[akeemqaz]

You made valid points here. Mega drops, launchpools, and staking are relatively safe ways to generate income on exchanges, though they're not entirely without risks. But while staking is usually always available, mega drops and launchpools are typically time-limited events and not always accessible to everyone I think.

First of all, I want to say you have made the wrong quote, kindly fix it.
Now if we talk about the Mega Drops and the launchpool pad yes I suggest them for lowers risk but it also risk contain but if you have large amount of stable fund you can use that for it by holding FDUSD. But the problem is here those are not always available for doing good profit those are seasonal but  I think effective. I think those are more safer to doing future trade.

Thank you. I made the correction. And I think we are on the same page with this earning idea.

[Crypto Library]

Thank you. I made the correction. And I think we are on the same page with this earning idea.

You got me buddy we are on the same page. Actually I have start these idea been long time even then I got some good profit from the laucnpool pad of binance although in the middle time I also have some volatility on my fund like my investment amount was around 2009USDT and currently the amount was down 1995USDt although I was in still profit if I calculate my profit from it. I think if we get these kind of chances to make some profit then we shouldn't loose those.