If I were handed a penny every time I was asked "How do I make money from Crypto?" I would have enough to kick off KoinKoin's own ICO! The answer to this unloaded question is in keeping it simple... just like the question. The very nature of profit or "making money" is buying one item as cheap as you can and selling it for (cheap as you can) + (more). It. Is. That. Easy.
One of the unique properties of the KoinKoin App is that we are able to seek prices for a variety of crypto/crypto and crypto/fiat pairs from over 40 exchanges and make our own markets fairly. What that means for you is that you are likely to be able to buy BTC with us at $53,820.50 (10.58 GMT) and sell at $54,300,20 else where and make a small profit. The near 0% trading fees on KoinKoin's platform also helps.
But is it all about making a quick buck? What are the long term methods of making money with Crypto?
Perhaps the most common way of making money with digital assets is to invest and hold, also referred to as “HODL” within the crypto community.
Similar to what many investors do within the stock market, you can invest in certain digital assets or coins (which hopefully you will extensively research), hold them until the price action is well above your initial buy order, and sell them at a profit. Some of the coins you can buy on KoinKoin include Bitcoin, Ethereum, Stellar and AKoin, among other altcoins.
One of the most interesting and simple ways of making money from crypto using the KoinKoin App is to get your referral link and share with friends, for every trade they place you get up to 20% of the transaction fees, the more folks you introduce the more fees you make. This simple exercise can net you up to $1,000.00 weekly.