I'm wondering if crypto actually generates money. I've heard a lot about it and I'm curious to know if investing in cryptocurrency can provide some financial returns or if it's just a hype.
5 answers
Maria
Thu Nov 07 2024
Decentralized finance (DeFi) platforms and decentralized exchanges (DEXs) offer unique opportunities for users to generate income similar to traditional banking systems.
Andrea
Thu Nov 07 2024
By participating directly in a lending process, users can earn money through these platforms without the need for a central authority.
DongdaemunTrendsetter
Thu Nov 07 2024
Yield farming is a popular technique utilized on DeFi platforms that allows users to maximize their earnings by connecting their cryptocurrency wallets.
Lucia
Wed Nov 06 2024
With yield farming, users commit their coins and tokens to a lending pool where they are combined with those of other users.
Valentino
Wed Nov 06 2024
This collective approach enables users to earn interest on their cryptocurrency holdings, much like a savings account in a traditional bank.