The Best Mobile Applications to Earn Crypto
It is no secret that we are purveyors of earning passive income. While some may require you to sit in front of your desktop or laptop to get things done, there are other more convenient ways to earn crypto via mobile apps. These provide a more fuss-free method of earning, especially when we are always on the go and do not have the luxury of time to sit in front of our desktops or laptops. And plus, we can all agree that the modern-day investor is constantly strapped for time, which makes earning through mobile apps a prime choice.
Lately, there has been a slew of mobile applications that allow users to earn crypto whether it be play-to-earn crypto games, staking or lending. Either way, these mobile apps are a great way to earn passive income on the go. And since these apps can be easily downloaded on your mobile phone, you can literally earn anytime from anywhere at your own convenience.
Ahead, we pick out some of the best mobile apps to consider when you wish to earn crypto passively.
Crypto Lending Apps
1. Hodlnaut
Based in Singapore, Hodlnaut is an interest-earning platform that allows users to earn up to 7.25% APY on six supported crypto assets: BTC, ETH, USDC, USDT, DAI, and WBTC. The interest is compounded and users will start earning immediately once funds are deposited. Hodlnaut is available on both the iOS and Android app stores so users can earn anytime at their own convenience.
The platform also takes a security-first approach and has made it mandatory for all users to enable 2FA before depositing. Furthermore, users have the option to withdraw to whitelist addresses only. The best part? It also provides an optional Nexus Mutual Custody Cover to give users an additional option to safeguard their assets.
2. Celsius Network
Available on the Apple App Store and Google Play Store, Celsius Network is a crypto platform that provides a range of financial services that aren’t typically accessible via traditional financial institutions. As such, the firm aims to disrupt the traditional financial system by offering services that introduce financial freedom through crypto.
For example, crypto investors can earn interest of up to 17% APY on over 40 supported currencies by depositing their digital assets to their Celsius Wallet. Users can also borrow fiat currency using their crypto as collateral at lower interest rates. Bonus: The platform is reportedly working on a credit card that allows users to earn and receive weekly rewards on crypto collateral.
Play-to-Earn Crypto Game Apps
1. Merge Cats
Merge Cats is a play-to-earn crypto game that enables users to purchase cats using in-game tokens known as SOUL (ETH-20). To earn more, users can merge the cats together to create improved versions of the cats to receive more tokens and rewards. With the in-game tokens, users can also stand a chance to get daily spins and unlock new achievements and areas within the game.
2. Crypto Idle Miner
Crypto Idle Miner is an online game where users are able to run their own crypto mining empire to earn in-game tokens known as HORA. Users have the option to earn more rewards when they upgrade their mining rigs to compete on the leaderboard. Plus, there are even promo codes where users are able to obtain more free tokens for the game.
Crypto Staking Apps
1. Exodus
If you’re into staking, Exodus is a platform that you may have already heard of. The decentralised wallet allows investors to stake seven coins and earn rewards of up to 9%. These include Algorand (ALGO), Cosmos (ATOM), Neo (NEO), VeChain (VET), Cardano (ADA), Tezos (XTZ), and Ontology (ONT). Exodus is also known to be very beginner-friendly, with comprehensive cross-chain support. Moreover, it’s free to use and allows investors to control their own private keys.
2. Coinbase
Coinbase needs no introduction. It is one of the biggest crypto exchanges globally and offers a host of features for its users. One of which is staking. And if you’re already an existing Coinbase user, you will save the time and hassle of creating another account to stake your tokens. The platform enables users to stake popular cryptocurrencies such as Algorand (ALGO), Tezos (XTZ), and Cosmos (ATOM). Even though the rewards aren't as high as they are on other exchanges, Coinbase is known to be an ideal option for those who are new to crypto staking thanks to its beginner-friendly and easy-to-use web interface.
Final Thoughts
With a wide selection of mobile apps to choose from that target different niches, many of us are spoiled for choice. But if you’re one who prefers earning passively without having to actively manage your account, depositing your crypto assets into platforms like Hodlnaut is an easy way to earn. Plus, Hodlnaut offers up to 7.25% APY so you know you’ll be maximizing the productivity of your investments.
Sign up for a free account here and drop us an email at support@hodlnaut.com should you have any questions.
Disclaimer: By using Hodlnaut, users expressly acknowledge and agree to the Terms of Use listed on our website at www.hodlnaut.com. This includes the relevant risk warnings applicable to you as a user of Hodlnaut's services, prior to/when carrying out Digital Payment Token (DPT) transactions. This article is for informational purposes only, and is not an offer nor a solicitation to invest in DPT, securities, funds, partnership interests or other investments or funding or purchasing loans. It is the user's sole responsibility to conduct due diligence and research extensively into each DPT and platform, and understand that the volatility and unpredictability of the price of DPT may result in significant loss over a short period of time. No information on Hodlnaut should be considered to be business, legal, financial or tax advice regarding the use of Hodlnaut. Users should consult their own legal, financial, tax or other professional advisors before using Hodlnaut. Please refer to our website at https://www.hodlnaut.com/tos for the full Terms of Use.
