Connect with us

Crypto

6 Ways To Make Money With Cryptocurrency In 2024

Published

on

6 Ways To Make Money With Cryptocurrency In 2024

Cryptocurrency has completely changed the way people think about wealth, offering multiple avenues for earning great returns. Among these, staking comes out as the most reliable way of earning passive income, especially with platforms like STAKING AI. With the growth in the world’s blockchain market, many investors have found crypto staking to be a great way to make their money work for them. In this article, we explore 6 ways one can get rich using cryptocurrency in 2024. They include:

1. Crypto Staking

2. Liquid Staking

3. Yield Farming

4. Crypto Affiliate Programs

Advertisement

5. Crypto Trading

6. Participate in an ICO

1. Staking Your Cryptocurrencies

Staking is the easiest and most straightforward way of earning with cryptocurrencies. You stake your digital assets in some Proof of Stake network and, after some time, get your staking reward. It requires neither high energy consumption nor special equipment.

Why choose STAKING AI?

Advertisement

STAKING AI is a premium staking infrastructure provider supported by a wide array of PoS networks that let you stake various cryptocurrencies on the platform. In summary, STAKING AI introduces flexible staking plans, nodes running 24/7, and a convenient application to manage and track rewards with ease. All that comes with a $100 free staking bonus upon signup.

Pros:

High passive income possibility

Low-risk, with stable platforms like STAKING AI

No technical expertise required

Advertisement

Cons:

Asset liquidity may be constrained by specific platforms

2. Liquid Staking

The traditional way of staking your assets locks them; the alternative to this is liquid staking. This is where you will stake your assets while having the option to maintain their liquidity for trading or lending in DeFi protocols, at the same time earning those staking rewards.

STAKING AI advantage:

Advertisement

STAKING AI partners with liquid staking providers to provide you with the best solutions. You can stake your assets and, through liquid staking, receive derivative tokens that you can use across DeFi protocols without losing access to your capital. This feature alone easily sets STAKING AI as one of the top answers for how to maximize your earnings.

Pros:

Provides flexibility in using your staked assets

Continued staking rewards with no funds locked up

Cons:

Advertisement

Slightly more complex than basic staking:

3. Yield Farming

Yield farming is the process of lending or staking of your cryptocurrency in DeFi platforms to earn rewards. This might be very profitable but has higher risks than simple staking, including fluctuating token prices and vulnerable smart contracts.

Why STAKING AI is better:

While yield farming requires relentless attention, STAKING AI is far more secure and ten times simpler when it comes to staking, allowing for predictable returns. The platform ensures steady earnings through its validator nodes and offers several staking plans for different levels of risk appetite. You can still earn high returns without diving into complex DeFi environments.

Advertisement

Pros:

High earning potential with the correct strategy

Many platforms offer compound interest

Cons:

Higher risk due to volatile DeFi projects

Advertisement

More active monitoring required

4. Crypto Affiliate Programs

Most cryptocurrency platforms have affiliate programs through which you earn a commission by referring others. This is a good way to make money if you have a good online following or network.

STAKING AI Affiliate Program:

STAKING AI offers one of the most rewarding affiliate programs. It gives one lifetime commissions on the referred users. You get to earn up to 4% of the amount staked per successful referral, and there is no limit to how much you will earn, making STAKING AI perfect for influencers and website owners.

Advertisement

Pros:

Getting started is easy

Unlimited earning potential with active referrals  

Cons:

Strong network or audience required  

Advertisement

5. Crypto Trading

Trading cryptocurrency is another way to become rich, but this requires great insight into the market and much time monitoring the movement of prices. The very volatile nature of crypto markets often translates into huge gains as easily as heavy losses.

STAKING AI’s advantage over trading:

STAKING AI replaces the risks of trading with predictable returns with stability instead of trying to forecast market movements. With its wide array of staking plans, you can kick-start your journey to guaranteed earnings right after staking without being concerned about daily market ups and downs.

Pros:

Advertisement

High potential for profits in the shortest time frame possible

Could be profitable if done with the right strategy

Cons:

Highly risky due to the volatility of the market

It’s quite time-consuming

Advertisement

6. Investment in new projects or ICOs

Investment into new projects or ICOs can be very lucrative in case someone manages to get hold of the right project at a very early stage. One important point to consider is that the risk factor increases because of the failure of many projects to implement their ideas and promises.

Reason to stay with STAKING AI:

Instead of chasing dubious ICOs, STAKING AI is a safer, more stable way to grow your fortune. With already proven infrastructure and a completely transparent reward system, you can be sure that the invested funds work for you.

Pros:

Advertisement

Can be very lucrative if the project is successful

Early mover advantage

Cons:

High likelihood of project failure

Usually operates in an unregulated environment

Advertisement

Getting Started on STAKING AI

If you are ready to enjoy passive income with no headache regarding market volatility or technical complexities, then STAKING AI is the platform for you. Here’s how you can get started:

1. Sign up: Create an account on STAKING AI using your email, username, and referral code if any to unlock a free $100 staking bonus.

2. Choose a Staking Plan: Choose a staking plan that best fits your financial goals and timeframe.

3. Stake and Earn: Just sit back while STAKING AI handles all the technical details and watch your reward grow.

By registering an account on STAKING AI, you will be set to start your journey to growing your wealth.

Advertisement
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Crypto

Debate Brews Over Crypto Kiosks As Lawmakers Consider Potential Ban

Published

on

Debate Brews Over Crypto Kiosks As Lawmakers Consider Potential Ban

Lawmakers Consider Crypto ATM Ban as Scam Losses Rise — Including in Central Minnesota

Minnesota lawmakers are considering banning cryptocurrency kiosks as scam losses continue to rise across the state—including in Central Minnesota.

There are currently about 350 crypto kiosks operating statewide, located in places like gas stations, convenience stores, and grocery stores. These machines allow users to deposit cash and convert it into cryptocurrency, which can then be sent electronically.

Law enforcement officials say scammers are increasingly directing victims to use these kiosks because once the money is sent, it is extremely difficult—if not impossible—to recover.

Police say scams often begin with a phone call, text, or online message. In many cases, scammers pose as government officials, tech support workers, or even romantic partners. Victims are eventually told to withdraw cash and deposit it into a crypto kiosk to “protect” their money or resolve a supposed emergency.

Central Minnesota has seen similar cases. Because St. Cloud serves as a regional hub for shopping and services, crypto kiosks are available locally, giving scammers access points to target area residents.

Advertisement

Some say kiosks also serve legitimate users

Despite the concerns, crypto kiosks do offer legitimate benefits. They allow people to purchase cryptocurrency quickly using cash, without needing a traditional bank account, credit card, or online exchange. Supporters say this can make cryptocurrency more accessible, especially for people who prefer cash transactions or have limited access to banking services.

Crypto kiosks can also be used to send money quickly, including international transfers, without relying on traditional wire services. Some users view them as a convenient way to invest in cryptocurrency or move money electronically without going through a bank.

Companies that operate the machines say the vast majority of transactions are legitimate and that kiosks include warnings about scams. They argue the focus should be on stopping scammers, not banning the machines entirely.

Lawmakers weighing next steps

Supporters of the proposed ban say removing the kiosks could help prevent fraud and protect vulnerable residents, particularly older adults. Law enforcement officials told lawmakers that crypto kiosk scams have resulted in significant financial losses statewide.

Minnesota passed regulations in 2024 requiring some safeguards, including limits on deposits for new users and refund requirements in certain fraud cases. But officials say scammers have continued to adapt.

Advertisement

The bill remains under consideration at the Capitol.

In the meantime, authorities urge Central Minnesota residents to be cautious. Officials emphasize that legitimate government agencies, law enforcement, and businesses will never ask someone to deposit cash into a cryptocurrency kiosk.

As cryptocurrency becomes more common, lawmakers are now weighing whether the risks to consumers outweigh the convenience and accessibility these machines provide.

10 (More) Hilariously Bad Google Reviews of Central MN Landmarks

Advertisement
Continue Reading

Crypto

Cryptocurrency Investment Fraud: Bizman loses Rs 2.6 cr to crypto, investment fraud | Hyderabad News – The Times of India

Published

on

Cryptocurrency Investment Fraud: Bizman loses Rs 2.6 cr to crypto, investment fraud | Hyderabad News – The Times of India

Hyderabad: A 69-year-old businessman from Somajiguda lost 2.65 crore allegedly in a cryptocurrency and stock investment fraud. Based on his complaint, Hyderabad Cyber Crime police have registered a case.The complainant was first contacted by a fraudster posing as Ramya Krishnan on Aug 30, 2025 through Facebook. She persuaded the victim to invest in a cryptocurrency and stock trading platform, Polyus Finance PFP Gold, hosted at the domain pfpgoldfx.vip, promising high returns to finance his proposed resort and apparel ventures.Fraudsters provided the victim a contact number for daily communication and sent screenshots showing notional profits credited in his wallet in USDT cryptocurrency. To build trust, the fraudster even allowed the victim a token withdrawal of 4,300 on Sept 12, 2025.Encouraged, the victim transferred over 2.65 crore in 10 transactions between Sept 10 and Dec 39, 2025 to various current accounts provided by the accused.When he attempted to withdraw his ‘earnings’, the accused demanded an additional 15% conversion commission. After he refused, the website became inaccessible and calls to the fraudsters went unanswered.Realising that he was duped, the victim filed an online report on the National Cybercrime Reporting Portal (NCRP) before approaching the Cyber Crime police on Feb 25.Based on his complaint, a case was registered under Sections 66C and 66D of the Information Technology Act and Sections 111(2)(b) (Organised crime), 318(4) (Cheating), 319(2) (Cheating by personation), 336(3) (Forgery for purpose of cheating), 338 (Forgery of valuable security, will, etc.) and 340(2) (Using as genuine a forged document or electronic record) of the Bharatiya Nyaya Sanhita on Wednesday. Police were analysing financial transactions to identify and arrest the accused.

Continue Reading

Crypto

Terror groups receive $1.7b. from Iran through Binance | The Jerusalem Post

Published

on

Terror groups receive .7b. from Iran through Binance | The Jerusalem Post

Iranians were able to access more than 1,500 Binance accounts last year, and $1.7 billion was transferred from two of them to terrorist proxies, The New York Times reported Monday.

That was a potential violation of global sanctions, the report said, citing company records and documents collected by internal investigators.

The cryptocurrency exchange site reportedly fired or suspended at least four employees cited in the internal investigation. The company blamed “violations of company protocol” relating to its clients’ data, the Times reported.

The report came days after The Jerusalem Post spoke with experts from blockchain intelligence platform NOMINIS.io about how the Iranian regime was evading Western sanctions through cryptocurrencies.

The regime maintains a steady income using cryptocurrency through oil sales to Russia and China, NOMINIS CEO Snir Levi said at the time.

Advertisement
Binance founder Changpeng Zhao, who pleaded guilty to failing to implement a program to prevent money laundering, arrives for his sentencing in federal district court in Seattle, Washington. (credit: REUTERS/Deborah Bloom)

Regarding the latest scandal, he told the Post this week: “The latest allegations about Binance come months after the lawsuit by the victims’ families of October 7 – the ongoing Balva [versus] Binance case.

The majority of the allegations can be easily confirmed by on-chain data. There are thousands of cases where money has been sent and received to and from wallets that have clear connections to Iran.”

Binance founder Changpeng Zhao is being sued by the families of American victims and hostages of the October 7 massacre. He has been accused of knowingly enabling Hamas, Hezbollah, Palestinian Islamic Jihad, and Iran’s Islamic Revolutionary Guard Corps to transfer more than $1b. through its platform, including more than $50 million after the October 7 massacre.

Zhao pleaded guilty to anti-money-laundering violations in connection with Binance in 2023. US President Donald Trump pardoned him last October.

“They say what he did was not even a crime,” Trump told reporters last October. “It wasn’t a crime. That he was persecuted by the Biden administration, and so I gave him a pardon at the request of a lot of very good people.”

Advertisement

Binance representative Rachel Conlan said the accounts linked to the $1.7b. in Iranian transactions have been removed and the relevant authorities were informed.

“Any suggestion that Binance knowingly allowed sanctionable activity to continue unchecked is incorrect and defamatory,” she said, despite Zhao’s earlier admission of anti-money-laundering violations.

More than half a dozen compliance officials have left Binance, including a sanctions manager and the leader of the enterprise compliance team, over the past few months, the Times reported. 

“No investigator was dismissed for raising compliance concerns or for reporting potential sanctions issues,” Conlan said in a statement to The Guardian.

Democrat senator opens inquiry into cryptocurrency company

While Conlan insisted there was no wrongdoing, US Sen. Richard Blumenthal (D-Connecticut) opened an inquiry into Binance on Tuesday, seeking records of the company’s dealings in Hong Kong , where funds have previously been transferred in a network against sanctions.

Advertisement

“Binance appears to have ignored warnings and recommendations to prevent Iranian money-laundering schemes on its cryptocurrency exchange,” Blumenthal wrote in a letter to Binance co-chief executive Richard Teng.

“According to documents obtained by the Times and the Journal, Binance was even warned that Hexa Whale was financing terrorist organizations such as the Yemeni Houthis, and internal investigators found cryptocurrency transfers to wallets associated with Iran’s Islamic Revolutionary Guards Corps and payments to crew members of Russia’s sanctions-evading shadow fleet of oil tankers,” he wrote.

“Instead of actually preventing illicit use, Binance has sought to evade accountability and influence the White House through lobbying and a financial partnership with World Liberty Financial (WLFI), the cryptocurrency firm owned by the sons of President Trump and his special envoy Steve Witkoff… This influence campaign has worked: In May 2025, the Securities and Exchange Commission announced that it was dismissing a lawsuit against Binance for lying to regulators and mishandling funds, followed in October by the stunning Presidential pardon of founder Changpeng Zhao.”

“The scale of the newly revealed illicit transfers – uncaught until nearly $2 billion flowed to sanctioned entities – and the unexplained firing of internal investigators call into question Binance’s compliance with American sanctions and banking laws, and its 2023 agreement to resolve the previous federal investigation,” Blumenthal wrote.

Advertisement
Continue Reading

Trending