Clicksfly | Crypto Earning Website
Almost anything! Collect it like frequent flyer points, and exchange for cash-value gift cards. Use it to tip websites & content creators. Store and swap like any other crypto asset in your crypto wallet. Save, earn interest, and pay with Gemini Earn & Gemini Pay. Buy NFTs. Or make in-app purchases in Web3 DApps.
Clicksfly | Crypto Earning Website
If crypto mining is your primary income, you own a crypto mining rack and are running multiple specialized mining computers, for instance, you should report your earnings as a business on Form 1040 Schedule C.
For investors who have already determined they are holding cryptocurrency for the long-term, staking or lending can be an attractive source of passive income. In addition, interest compounds over time, increasing the potential earnings power of crypto if investors reinvest their interest.
Furthermore, cryptocurrency markets themselves are extremely volatile, which creates its own risks. Even cryptocurrency investors earning interest rates of 10% or 15% are still extremely deep underwater on their investments this year. For example, Bitcoin prices are down 56% year to date, while Ethereum prices are down 67%. 041b061a72