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Are you looking for ways to put your cryptocurrency to work? Blockchain.com Rewards offers various options for cryptocurrency users to earn rewards on their holdings. The two types of rewards are Passive Rewards and Staking Rewards.
Passive Rewards
These are designed for beginners and involve earning rewards based on the amount of cryptocurrency that is moved into a Passive Rewards account. The rewards are paid on the first day of each month.
How to Start:
To earn Passive Rewards on mobile, simply download the Blockchain.com Wallet app, log in, and follow these instructions:
- Select Manage in the Earn section of the dashboard.
- Choose the asset to gain passive rewards on.
- Select the account to send from.
- Fill in how much you want to send.
- Review the conditions and select “Transfer Now.”
To earn Passive Rewards using the web, simply access your Blockchain.com account and follow these instructions.
In the navigation bar,
- click “Earn.”
- Choose the “Passive” tab, then the asset on which you want to earn money.
- Choose the wallet from which you want to send your cryptocurrency.
- Fill in the sum you want to send in, then click “Confirm” the transaction.
Staking Rewards
These are geared toward intermediate users. It entails staking cryptocurrency to participate in Proof-of-Stake blockchains. You earn staking rewards when you put up your cryptocurrency to validate transactions.
How to Start:
To earn Passive Rewards on mobile, simply download the Blockchain.com Wallet app, log in, and follow these instructions:
- Choose Earn from the bottom navigation.
- Choose the cryptocurrency that you want to stake.
- Choose the account from which you want to send money.
- Enter the amount to transfer, assess the terms, and then click “Deposit Now.”
To earn Staking Rewards on the web, you start by:
Accessing your Blockchain.com Wallet account with Chrome,
- In the top bar, select Earn.
- Select “staking,” pick the asset you want,
- Enter the wallet to transfer from,
- Fill in the sum to transfer and “confirm” the transaction.
It is important to note that after staking your cryptocurrency, you are subjected to the relevant bonding and nonbonding periods as stipulated in the relevant protocol, in addition to Blockchain.com’s arrangements as outlined in the User Agreement. We hope this information helps you put your cryptocurrency to work and start earning rewards.
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