7 Ways to Earn Crypto Using MultiversX

MultiversX (formerly Elrond) is more than just a high-speed blockchain. It offers several ways for users to earn passive and active income in the crypto space. Whether you’re a beginner or a developer, here are 7 ways you can leverage the MultiversX ecosystem to earn crypto:

1. Staking EGLD

Delegating your EGLD tokens to trusted validators allows you to earn passive income through staking rewards. It’s one of the most accessible ways to get started.

2. Providing Liquidity on xExchange

By supplying EGLD and other tokens to liquidity pools on xExchange, you earn a share of the trading fees. You can also farm additional tokens for extra yield.

3. Running a Validator Node

Tech-savvy users with a minimum of 2,500 EGLD can operate their own validator node. Validators help secure the network and receive block rewards and transaction fees in return.

4. Yield Farming with Stablecoins like USH

Yield farming using pairs like EGLD/USH lets users earn yield with lower volatility risk. It’s a DeFi strategy that rewards liquidity providers with crypto returns.

5. Participating in Launchpad Token Sales

MultiversX Launchpad gives early access to promising new tokens. By investing EGLD in vetted projects, you can potentially benefit from future growth.

6. Creating and Selling NFTs on xSpotlight

Artists, gamers, and creators can mint NFTs on xSpotlight, MultiversX’s native NFT marketplace. Selling your digital art or assets can earn EGLD and other tokens.

7. Building DApps or Smart Contracts

Developers can build blockchain applications using Rust or C++ via the MultiversX SDK. Monetize through in-app fees, token integrations, or crypto-based rewards.

Disclaimer

This post is for informational purposes only and does not constitute financial advice. Always do your own research before investing in cryptocurrencies or blockchain projects.