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How to Earn Passive Income from Cryptocurrency? | Lend Bitcoin, USDT, Ethereum & Earn Money - YouTube
Channel: Pushkar Raj Thakur: Business Coach
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In India more than 10 crore people have invested
in cryptocurrency it could be possible you
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also are investing in cryptocurrency but today
I am going to tell you that on that investment
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how you can get additional income. How you
can earn passive income through cryptocurrency
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See in cryptocurrency world right now there
is a lot of noise you already know that but
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there are many people who are believers, who think
cryptocurrency is the future and in the near future
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prices of cryptocurrency would Rise and as
I would take an example of Robert Kiyosaki
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You would have heard about Rich Dad Poor Dad, which has been a best seller on
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international level. So the author of that
book, Robert Kiyosaki, he thinks that in next
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five years Bitcoin according to him would
be of 1.2 million dollar it means that the
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value of Bitcoin which is today of 40 lakh
would be 1.2 billion in the next five years
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So now this is the believer category. If you also believe in cryptocurrency that is why you
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would have all the investment in it so if
you have held investment or you have done
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investment in it so you are in the category
of hodler. I haven't written wrong here people
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will say it is hold or people will say its holder why have you written hodler. Well it is hodler
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a very famous person in cryptocurrency world
who believe in cryptocurrency and they have
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done investment because in recent time Crypto world is gonna touch the sky. So the people who think
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that in the coming time that in whichever crypto they would have invested, their prices would rise
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so they have held their positions because
if you have held then this video is for you
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because I am going to tell you something interesting. Definitely when a cryptocurrency would
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rise their prices would increase. If today
you have invested in a cryptocurrency is hundred
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rupees is considered, one coin is of hundred rupees and in a year it would be of 200 rupees
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so your money would be double but there is one more additional benefit of passive income
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and that I tell that you can get interest
income. How would it be? You would say it would
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be nice because on our money also we want that we get interest, if we have done investment
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somewhere on that also we get interest then
it would be very amazing so here in our technical
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world we call it lending. Now you do lending of money but you can do lending of cryptocurrency
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also many people would already know about
this but some people would be there who would
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not have this concept cleared. So I will clear this concept and for that I will take you to my
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computer screen. Right now there is no law on cryptocurrency so buying selling holding
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and trading in Cryptocurrency is legal as
of now. So here if I go on the website of coinDCX
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you can also open your Demat account very easily. I will keep the link in the description
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and comment box when you will open your account then you can come on the website of coin dcx
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as here I will do a demonstration in front
of you. Same process you can follow so link
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of coindcx is in description and comment
box. I will also give your promo code with
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which will give you Hundred rupee Bitcoin as a welcome gift for that you have to do KYC and minimum
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you would have to do one trade so you can
start investing in coindcx with hundred
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rupees and you can even trade with 10 rupees if you did 10 rupees trade also then you will
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get 100 rupees Bitcoin here. Now you see when I will click on pro you will see lend option
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there it is written that earn annual attract
interest. You are getting yearly interest
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now what is this interes,t I will tell you
so here you will see a lot of cryptocurrencies
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like Bitcoin, binance, ethereum you can see many coins there. Then you are seeing different annual
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interest of all of them. If you have done FD this is not FD but this is lending here you are lending
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I will clear that concept of lending step-by-step, whatever question is you are getting in your
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mind I will clear them, if you have a bitcoin so it is with you and you
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think that tomorrow its price would increase so you just don't get the benefit of price
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if you lend it then 4.75% additional annual
interest would be given to you and maximum
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amount of how much Bitcoin you can lend and that is 407.48, similarly it is different
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for different coins. For example, on ethereum you get an interest of 6.58 % annually. Similarly
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there are many people who hold usdt so if you have USDT in your account then
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you are getting 14.01% annual interest which is more than one percent per month so here
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for example if we lend it then you can select
the quantity as much quantity you want to
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lend, duration is minimum of 7 days for less than 7 days you can't lend it, if you break your
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FD before 7 days then you will not get interest. If you take your money out of lending then
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you won't get interest for if you keep it
for more than 7 days then you will definitely
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at the rate of interest as promised here. So here you can put your quantity, your duration and
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you will simply lend and as many days you will lend that, for example, 90 days then after
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90 days you will get those cryptocurrencies
with interest in your account. So it could
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be your question that the money would be in form of money, the answer is no. It would be transferred
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in your account in the form of cryptocurrency
at that time if the price would have been
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increased then you will get cryptocurrency
with that increased rate. Now there
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are some of your FAQs.
Are my funds secured? yes your funds are
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secured because no single person has access to them for all the crypto assets
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in world. Now if you see interest rates why
are they good on coindcx because why are
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Are there so attractive interest rates? Its because here there is a feature of margin if you want
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that people trade and are earning money
in cryptocurrency on that also I will make a video
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then you can comment below I would try to cover the topic. So here the margin that
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coin dcx provides to their users and
it gets income and for that they give you
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interest rates because the money you have lend on cryptocurrency that only is being
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provided as margin to people. Do I
need to do KYC? if you are doing trade
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of less than four Bitcoins per day then you don't need KYC for lending and here you can
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see that, Is there any lock-in period? yes lockin period is there of 7 days if you take your
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money out before 7 days then you will not
get any interest
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so I hope you understood the basic concept of how you can do lending and if you do it then
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how you have to approach it how you get the interest income is received. CoinDCX is a ISO Certified
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company. Ror new people and existing users doing trade is easy, here you can 24/7 deposit
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your funds you can withdraw your funds along
with it you get multiple security features
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like two factor authentication and withdrawal
password, so your funds are safe and Secure
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to learn more about cryptocurrency and blockchain
you can go on their platform dcx learn
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I will put its Link in description and comment
box and finally their tagline is this is the
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future. So finally link is in description and comment box. promo code is on the screen. How did
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you like this video please tell me in the
comments below. If you have any questions for
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ask them in the comment box, next time through those comments only we will try to make
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video. To give your love to this video click on like, share this video with all your friends
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Bell icon. I will see you in the next video
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till that time you go self made
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