Three Methods to Earn With out Buying and selling on Bitfinex
18 January 2023 in Schooling, Staking Program
Bitfinex, in its year-end open letter, referred to as 2022 an annus horribilis. Marked by spectacular collapses of main crypto hedge funds (Three Arrows Capital), huge crypto initiatives (Terra Luna) and crypto family names (FTX, Celsius, BlockFi), it’s not stunning that as we enter 2023, there’s a excessive diploma of warning for crypto buyers and merchants.
In fact, typically a crypto winter and bear market can provide alternatives for merchants to discover a good entry place and a number of short-selling alternatives, and naturally, many merchants use derivatives and different instruments to hedge and leverage their positions by way of any market situations.
However such a buying and selling can include many dangers, and buyers with out an environment friendly bear market technique ought to keep away from buying and selling.
The wonderful thing about crypto although is that, like in conventional finance, you possibly can nonetheless earn with out buying and selling. On Bitfinex, we provide Peer-to-Peer (P2P) Margin Funding, the Bitfinex Affiliate Program and the Bitfinex Gentle-staking program.
Supply Your Steadiness to Earn Curiosity
To make the most of Bitfinex with out buying and selling, you possibly can present your funds to different Bitfinex merchants by way of Margin Funding and earn curiosity in your cryptocurrency, stablecoins or fiat holdings.
If you’re not a dealer and like safer investments, Margin Funding is for you. To study extra, view our information, What’s Margin Funding. Discover ways to use Margin Funding right here.
Invite New Prospects to Bitfinex By way of the Affiliate Program
You may invite your social community by way of the Bitfinex Affiliate Program and earn limitless fee.
The Bitfinex Affiliate Program fee construction means that you can get a share of the buying and selling and Margin Funding charges as much as three ranges inside your referral community.
Extra particulars could be discovered on The Bitfinex Affiliate Program and the Affiliate web page.
Earn Staking Rewards on Bitfinex
Staking is a well-liked approach to earn rewards with crypto investments. It affords crypto holders a method of placing their digital belongings to work and incomes rewards with out buying and selling. Because the time period implies, it solely applies to tokens that make use of the Proof-of-Stake (PoS) consensus algorithm, corresponding to EOS, Tezos, Cosmos and others.
The Bitfinex Gentle-staking program permits clients to simply generate rewards by merely holding digital tokens on Bitfinex. Staking rewards could be as excessive as 10%* per yr for supported Digital Tokens. Study extra about tips on how to stake a digital token on Bitfinex and what are the supported tokens right here.