There are many options for making money from cryptocurrency. Each of them requires funds at the start. And the more money a trader invests, the higher the potential profit. But the number of potential losses also increases with the growth of the deposit. Now we are going to look at variants, how can you get the ethereum loan to buy crypto without investing? In these cases, the user does not need any starting capital at all.
Affiliate programs of cryptocurrency exchanges
Almost all cryptocurrency exchanges pay traders for inviting new users. For this purpose, the trader receives a unique link, which can be freely distributed at any site on the Internet. Usually, payments for such programs are fixed (e.g., 5 USD), or represent a percentage (e.g., 10%) of each commission paid by the invited trader (referral) during trading.
CPA programs are different in that they give rewards for targeted actions of a partner (for example, making a deposit). The reward is usually an exchange token (like BNB at Binance), which can be exchanged for another asset or withdrawn. Finally, introducing programs – they bring income to the user when he introduces others to the world of cryptocurrencies through his resource (for example, a channel on YouTube or Telegram).
Earnings from cryptocurrency through this method are extremely individual and depend on the terms of the contract. For example, if you made a contract with Binance and invited more than 500 new users, the platform will pay you 50% of the commission for each of them.
- Advantages: allows you to earn on cryptocurrency without investing, the profit potential is unlimited, and you can participate in several programs at once.
- Disadvantages: requires high social activity, you need untwisted blog or channel, and the profit is accumulated rather slowly, especially at the start.
BNB is the official service token of one of the largest crypto exchanges. Analysts predict that Binance coin could be a great buy for the following reasons:
- The token has been showing good growth since its issuance, and the crypto-exchange itself has been working steadily, attracting new users, so there is no reason to believe that the trend will reverse.
- The coin can be used to buy other cryptocurrencies, get additional discounts and lower commissions while working on the exchange, make purchases in decentralized networks, as well as to pay for hotels, airline tickets, and gift cards to home appliances and electronics stores.
- BNB can generate additional passive income through staking.
- The token is protected against inflation – the cryptocurrency exchange buys back some of the coins purchased several times a year and “burns” them.
The easiest way to purchase BNB is directly from the Binance exchange. To do this, the user will have to:
– Register on the platform.
– Top up the account.
– Press the “Binance Convert” button in the “Trading” section.
– Enter the desired amount.
– Press the “Preview” button to verify the correctness of the transaction.
– Confirm the transaction.
It is not necessary to go through the verification procedure on the exchange. However, if you officially confirm your identity, the purchase volume is increased.
Bitcoin is the very first cryptocurrency. And it has already started to be called a legend of the cryptocurrency market. At the moment, BTC is the best fit for the role of “digital gold” – an asset that is not bought for quick speculation, but for long-term investments that can balance an investment portfolio.
- Characterized by the highest liquidity;
- Easily exchanged into any cryptocurrency;
- It is accepted as an official means of payment in several countries;
- It has a huge capitalization – BTC accounts for almost half of the value of the whole crypto market;
- It is protected from inflation due to the limitation of the total number of coins.
Bitcoins can be mined, but now it requires very expensive computing power. That’s why most people are more profitable to buy Bitcoin, more precisely to buy Satoshi, because the value of one BTC coin has already reached high values.
You can buy Bitcoin:
– On a specialized platform that trades cryptocurrencies.
– At an exchanger.
– Through an electronic payment system.
– On a platform that makes secure transactions between two users in a P2P format.
– In a crypto-machine, which is installed in major cities.
– In-person, but only keeping in mind that in this case, the risks of fraud will be particularly high.
- Cryptocurrencies available: Bitcoin (BTC), Tether (USDT), Ethereum (ETH), EOS (EOS), Ripple (XRP), USD Coin (USDC), True USD (TUSD), Tron (TRX), AME Chain (AME)
- Commissions: none
The trading platform offered by the exchange MEXC Global. Similar in functionality to the previous platforms, it allows confirmed users to trade cryptocurrency for fiat directly with each other.
On MEXC P2P, customers can buy or sell a fairly wide range of assets. There are no transaction fees at the time of writing. A variety of payment methods are available, including cards and payment systems.
- Available cryptocurrencies: Bitcoin (BTC), Tether (USDT), Ethereum (ETH), USD Coin (USDC), KuCoin Shares (KCS)
- Fees: no
Users of KuCoin P2P on the exchange with the same name have the opportunity to trade in demanded currencies, making payments in 20+ variants. There are no commissions, and verification of traders is required. More than two dozen global fiat currencies and a variety of transfer methods are used as payment methods. All you need is to find an offer from a merchant, which accepts the payment method you are comfortable with.
- Available cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Dogecoin (DOGE), Litecoin (LTC), Dash (DASH), Tether (USDT), USD Coin (USDC), Dai (DAI), MonolithosDAO (MCR), Measurable Data Token (MDT)
- Commissions: 0.5% from ad creator
The P2P exchange Bitzlato is based on a telegram bot that has been in operation since 2015. The goal of the launch is to create a multifunctional platform that will include not only an exchanger but also a mining pool, merchant service, encrypted wallets, an exchange
The creator of the ad pays a commission of 0.5%, for his counterparty commission is not provided. The platform is a complete funds management system, including wallet, exchange, and trade tools, while creating all conditions to minimize costs.
- Available cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance Coin (BNB)
- Fees: None
Pexpay is a p2p exchange that is supported by Binance exchange. Importantly, they allow you to link your account to your Binance account and transfer funds between platforms without fees. It is recommended to use this exchange if you want to use a payment method not supported on Binance itself. Trade requires verification, it can be transferred from your Binance account.
Investors make long-term investments based on investment fundamentals. For example, how much profit a company makes. Although cryptocurrencies are a new and unique asset type, similar principles can be applied to them.
Many Bitcoin investors adhere to the “HODL” philosophy. They believe so deeply in the success of Bitcoin that they are going to hold it for a long time. Don’t take their word for it! Read our Detailed Guide to Bitcoin and draw your own conclusions.
After reading it, you might want to join the ranks of Bitcoin-HODLer. It will take you a few minutes to do so. Just go to the Buy Cryptocurrency page and follow the instructions. Creating an account for investing is quick and easy. You also do not need to rush and invest a large amount of money. The minimum investment amount is only 15 dollars! So, what can I read about investing in cryptocurrency?
CoinLoan is a 100% automated platform and one of the most technically advanced in the cryptocurrency market. With a wide range of digital assets, CoinLoan customers have maximum flexibility in choosing the currency that best suits their needs.