common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

Can I earn passive income with Atomic Wallet?

avatarmarielouNov 24, 2021 · 3 years ago3 answers

Is it possible to generate passive income using Atomic Wallet? How does it work and what are the requirements?

Can I earn passive income with Atomic Wallet?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Yes, you can earn passive income with Atomic Wallet. Atomic Wallet offers a staking feature that allows you to earn rewards by holding certain cryptocurrencies in your wallet. The staking rewards are generated by participating in the consensus mechanism of the respective blockchain network. To start earning passive income, you need to hold the supported staking coins in your Atomic Wallet and ensure that your wallet is connected to the internet. The amount of passive income you can earn depends on factors such as the amount of coins you hold and the staking rewards offered by the respective blockchain network.
  • avatarNov 24, 2021 · 3 years ago
    Definitely! Atomic Wallet provides a great opportunity to earn passive income. By staking supported cryptocurrencies, you can contribute to the security and operation of the blockchain network while earning rewards. It's like earning interest on your holdings. The process is simple: just hold the supported coins in your Atomic Wallet and the rewards will be automatically distributed to your wallet. It's a hassle-free way to make your crypto assets work for you!
  • avatarNov 24, 2021 · 3 years ago
    Yes, Atomic Wallet allows you to earn passive income through staking. Staking is the process of holding and validating transactions on a proof-of-stake blockchain network. By staking your coins, you help secure the network and in return, you earn staking rewards. Atomic Wallet supports staking for various cryptocurrencies, including popular ones like Tezos, Cosmos, and Tron. Simply hold the supported coins in your Atomic Wallet, and you'll start earning passive income based on the staking rewards of each respective blockchain network. It's a great way to make your crypto assets work for you without actively trading.