There are several ways to earn passive income through cryptoans this involves participating in an activity that is on-time (although you can do it repeatedly) and you sit to earn your income in form of rewards or interest.

This involves, participating in stakepools, providing liquidity and even saving in USD to earn your interest.

Crypto savings is when a crypto coin holder/trader saves his coin or asset and gets paid on daily basis based on the system of reward or plan chosen by the investor.

Mostly crypto savings are way more than bank savings and range from 7–15% depending on the platform. For example, the USD savings on Quidax offer 7–10% interest depending on how long you choose to save. Mostly, the system used are APY and/or APR.

You can start gradually by reading about Bitcoin, the history and why it was created. Of course everyone was once a newbie at a time, so take it one step at a time. To make it fun, you can join crypto-enthusiast communities where they often teach bitcoin related topics and also vibe along.

You can also learn about crypto by watching YouTube, crypto academy and also read crypto blog posts. After that, you can proceed to buy bitcoin to hold or trade.

Ensure that you keep your details secured, do not share with anyone. Also do not transact with persons outside crypto app/websites most scammers are on social media looking for who to scam, so beware.

You really do not need a very strong skill before you can start investing in crypto. All you need to have is the basic knowledge of how to buy and sell, when to buy and sell and the trading strategies that suit you.

When it comes to investing in Cryptocurrency, it's best to have long term investment in view, because cryptocurrency is very volatile in price movement and could make new investors panic if not told earlier on.

Bitcoin for example started to trade at less than a penny when it first came out and after a couple of years, it was worth $64,000 and it didn't just go straight up there– there were couples of ups and downs and so the people that will benefit the most are those that had bought it at early price and held for long.

Another best thing to note is that, do not invest with important money meant for urgent needs, do not disclose your details to any third-party and also take note of the security status of anywhere you'll use. You can read more about crytpo investment here

Cryptocurrency is not the only usecase of blockchain. The basic understanding of the blockchain needs to be gotten for a better understanding of what the blockchain is used for. In a basic language, the blockchain is like a record book, used to record cryptocurrency transactions and information, better called a ledger. The Blockchain is a technology for storing data in a way that makes, hacking and cheating difficult or impossible. A blockchain is simply a network of computer systems that maintains duplicate copies of all transactions in a digital ledger that is disseminated throughout the network for everyone to see. It was created to solve transparency issues, and can by used for the following;

1. Payment processing and money transfers

2. Retail loyalty rewards programs

3. Can be used in the hospitals to store patients' data

4. Digital IDs

5. Data sharing

6. Digital voting

7. Real estate, land, and auto title transfers and lots more
There are blogs that teach about these topics

Can someone lend me crypto?

Many people are currently filled with this thought (question), especially since all crypto people are yelling "Buy The Dip!" I guess it's a no because no one is willing to spare his crypto at the moment. Even large crypto lending platforms such as Celsius have become concerned about a possible collapse, due to their bogus yield offering from lending and borrowing services.

The only perfect strategy for you would be to:

- Choose a custodial wallet [www.quidax.com] that has no case of previous lending issues.
- Start buying dip as much as you can afford.
- Do not borrow funds to buy dip, don't even think about it.
- Do not use funds meant for urgency or important tasks to stack up dip.

I hope this information helps you make an informed decision.

Peter Schiff's bank closure strengthens Bitcoin case for financial freedom

Puerto Rican regulators shut down the bank of prominent economist Peter Schiff, who is well-known in the community for his anti-crypto sentiments. The revelation, on the other hand, prompted Crypto Twitter to remark on the "irony" of Schiff's prediction for Bitcoin (BTC) coming true for his own traditional bank.

Puerto Rico regulators closed down Schiff's bank for failing to meet net minimum capital requirements, further impacting customers who lost access to their accounts as a result of the subsequent freeze. Bitcoin podcaster Stephan Livera also commented on the news, saying, "He's (Schiff) been a #bitcoin skeptic since $17.50 (it's now $19,100)." The abrupt closure of Schiff's Puerto Rican bank reignited debates about Bitcoin's resistance to judicial supremacy. On the other hand, Puerto Rico has been receptive to crypto acceptance in the region.

Source [https:///QuidaxGlobal/450527]

Do you think this will help Bitcoin's case for financial freedom?

Yeah, that's true, but his sincerity made me visit the link and it's really an excellent blog post. I relearn the strategies I knew before but was doing it wrong all along

Thanks man

What will be the impact of China's central bank's decision to declare all cryptocurrency as illegal?

This is not the first time China has declared that Bitcoin will be banned; many people see this as an opportunity to purchase Bitcoin [https://quidax.com/c/buy-bitcoin-nigeria/] at a significant discount. Meanwhile, China has Bitcoin in its possession, which is somewhat ironic.

That's a lot of money if they're really wasting it after declaring it illegal, so don't worry and BTFD!

HOW TO STORE YOUR CRYPTO COINS SAFELY

While there are several factors to consider when selecting a crypto wallet, safety should always be the top priority.

Let's consider some of the safety crypto wallet:

1. The Ledger Hardware wallet, also known as "cold storage," is widely regarded as the safest way to store cryptocurrency. It is supported by security experts and keeps your private keys offline. It works by generating a set of private keys, which you should keep safely offline, so your crypto is inaccessible to anyone other than the holder of specific access codes.

2. A digital software wallet, like a crypto exchange, is known to be secure depending on the security layers it employs. An exchange that prioritizes security over user funds will keep 90% of their assets in an offline cold wallet, as is customary, to prevent all types of attacks that could leave them vulnerable or cause irreparable loss.

It's important to note that not all hardware wallets are created equal. The precise level of security provided by a hardware wallet is determined by its features, so it's worth researching your provider to ensure that you're comfortable with the level of security and control provided, or to save time and money, you should rather use a highly secure exchange such as [Quidax.com].

I hope you make a good decision.

Which coins in your opinion will survive the next cryptocurrency winter?

There's no doubt the below crypto coins have always survived the winter to hit new all-time highs.

You cannot take out the following coins: BTC and ETH.

1. Bitcoin [https://quidax.com/c/buy-bitcoin-nigeria/] is the first and leading cryptocurrency with the largest market value, and since so much money has been put into it, it is the most closely monitored coin by investors.

2. Ethereum (ETH) is the blockchain of choice for decentralized finance (DeFi) and the most widely utilized blockchain; it is expected to do well in the future, as always in the past.

3. The crypto versions of the USD, which are USDT and USDC, are financially backed by commercial bodies.

4. Tron (TRX) and Cardano (ADA) are considered Ethereum Killers because they have a lot of utility and are frequently traded, and this, combined with their large market cap and development, makes them currencies with strong future prospects as always.

Their prices at the time of writing:
BTC - $19,200.00 || ETH - $1,050.00 || Tron - $0.065 || ADA - $0.45

Choose long-term, as this doesn't constitute any financial advice.

Apart from Bitcoin, the area of cryptocurrencies has evolved tremendously since Bitcoin's introduction over a decade ago, and the next big digital token may be issued tomorrow. Who knows, after all?

Regardless of how the market moves this week and in the weeks to come, my wish is that your portfolio stays Robust; and Quidax is finally ready to show you how.

Set your reminders ⏰️ for this tonight, they'll be spilling the tea ☕️ on:

The Most Profitable Cryptos To Invest in Right Now

Time - 7:30pm (WAT)
Venue - (Search for QuidaxGlobal on Telegram to join)

Come with your snacks!

Apart from Bitcoin, the area of cryptocurrencies has evolved tremendously since Bitcoin's introduction over a decade ago, and the next big digital token may be issued tomorrow. Who knows, after all?

Regardless of how the market moves this week and in the weeks to come, my wish is that your portfolio stays Robust; and Quidax is finally ready to show you how.

Set your reminders ⏰️ for this tonight, they'll be spilling the tea ☕️ on:

The Most Profitable Cryptos To Invest in Right Now

Time - 7:30pm (WAT)
Venue - (Search QuidaxGlobal on Telegram to join)

Come with your snacks!

Let's take the meaning one after the other.

Blockchain is a public ledger where all transactions are recorded, as one of its advantages against government, central or commercial banks record-keeping methods.

Cryptocurrency are those digital currencies living on the Blockchain. That is, they are a medium of money and value, even authority exchange, hence their activities are recorded on the Blockchain.

Bitcoin is the first cryptocurrency to go live on the Blockchain. And now we have over 10,000 types of cryptocurrency.

These three terms are both created by one man, with the pseudonym Satoshi Nakamoto, during the financial crisis of late 2008.

Lastly, crypto exchanges such as Binance, Quidax, etc. have all these features in their colossal, serving as a channel for the usage of these features.

Don't forget to share if found useful�

Which is best to use as a one-stop everything Crypto?

Go to Telegram and search @QuidaxGlobal

Benoxvals:


Link pls

Go to Telegram and search @QuidaxGlobal

MarshallMathers:
I just joined the Telegram community. Thanks

I just joined the Telegram community. Thanks

Nice place for beginners to learn cryptocurrency. Is there such a place?

Everything keeps dipping, which is best to buy now for goodness sake

The hype too much...
Is this token safe like this?

I think the best Crypto Exchange in Nigeria is [url]Quidax.com[/url]. I use Quidax to convert my crypto from one form to another. From Bitcoin(BTC) to Ethereum(ETH) and vice versa. I also convert my Bitcoin(BTC) to Fiat(Local currency).

Quidax has a great user interface and a great support system. I will always recommend them to crypto peeps.

Famwang:
I have been trying to verify my identity on quidax, they refuse to verify it.....I don't know what to do anymore.... please someone Help 08032978975

There is a new way to verify your account on Quidax now. It is now 100% easy. There are now 5 different levels and each level only requires some information to move up to the next level. You only need to move to a new level when you have to carry out transaction volumes that are only permitted at that level. Once you register, you are automatically on the first level which is tier 0. On the first level, for instance, which is the 0 tier, you do not need to provide any information to be verified. You can send, receive and store BTC on this level just like at any other level. But, you are only allowed to have a deposit limit of 20,000 Naira and you cannot withdraw Naira. To learn now about this new model for verification on their blog. Here's the link. https://blog.quidax.com/account-verification-made-easier/

2sexycom:
what is quidax?

Quidax is one of the most secure and easy to use exchanges in Nigeria that allows you to buy and sell cryptocurrency like Bitcoin, Ethereum, Litecoin and XRP with Naira. I have been using Quidax for quite some time now and I can attest to this.

There are number of digital currency exchanges but for those that seek to buy using Naira I recommend using [url]Quidax.com[/url]. They currently have 3 naira to crypto pairs (Naira to XRP, Naira to BTC and Naira to ETH), their instant withdrawal to your bank account is fast and their support is 24 hours. Have I mentioned that their user interface is easy to navigate? Well it is. You can sign up now and I am sure you will thank me later.

funlord:



5th of febuary? See policy

Me I don't like long story that is why I use exchanges to buy Bitcoin and Etherum. I tend to use [url]Quidax.com[/url] more often these days as I can buy XRP, Bitcoin and Etherum with Naira and their withdrawal is instant. But mostly it is because support is very good.

Quidax has very good rates. The instant withdrawals are really good too.

jamin006:
I've heard that peer to peer platforms are not as safe or reliable as instant cryptocurrency exchanges for trading in cryptocurrencies. Is that true?

With peer to peer, there is a chance that if something goes wrong in terms of a fraudulent transaction or "scam" peer, it will be harder to recover your funds/cryptocurrency. With an exchange, it is easier to identify who is accountable for the risks tied to the transaction.

Also, exchanges like Quidax make transactions simple, secure, and fast for both beginners and experienced users. Peer to Peer is a lot harder to understand for beginners than it is to understand exchanges.