Discover new investment opportunities and earn crypto with Simple App
What is Simple Earn?
The cryptocurrency market is constantly evolving, and new words, phrases and abbreviations appear that are not clear to the average user. This means that you as a beginner may not know all the finesse of investing in cryptocurrency. But fortunately, there are excellent programs like Simple Earn, which allow the user to consistently earn crypto in the cryptocurrency market, even for beginners. In today’s review, we decided to find out what Simple Earn is and who it is best for.
First, let’s take a look at what a “learn and earn crypto” program is. In simple words, the “learn and earn crypto” program is the receipt of revenue from cryptocurrencies for any action. For example, users can earn passive income when the user invests in certain cryptocurrencies such as bank deposits.
How does it work? Most of the best cryptocurrencies use the Proof of Stake algorithm, which secures the decentralized network and can secure all transactions in the blockchain without the need for a bank or other financial institution or service.
With these cryptocurrencies, users can earn crypto rewards simply by protecting each blockchain of these cryptocurrencies and holding some assets for a certain amount of time. This works just like a bank deposit, but gives a much higher annual percentage return on the amount that the user invested with, for example, Simple Earns. In the blockchain itself, the client will receive crypto rewards, which is, as it were, a percentage of the bank deposit.
Most cryptocurrencies have shown their instability due to very high volatility. Therefore, the crypto community decided to launch stack coins, which actually means stable coins, ie those that are not exposed to strong price fluctuations in the market. In most cases, they are pegged to the USD and are the most affordable solution for financial stability in the cryptocurrency market.
Simple App has a profitable learning and earning crypto solution where the client can get passive income from keeping crypto assets. The easiest way to earn crypto rewards is to use Simple Earns. Simple App in the Simple Earns program offers access to a variety of cryptocurrencies. Among them: USD Coin, Bitcoin, Ethereum, Shiba Inu, Dogecoin, Binance Coin, Solana, Chainlink, Polygon, Litecoin, Tron, Tether, Uniswap, Fantom, Bitcoin Cash, Axie Infinity, Decentraland, The Sandbox, The Graph, FTX Token .
The situation with “earn crypto rewards” is similar to the situation in the stock market. But we have some different possibilities here. Bitcoin allows the user to generate income in two ways: when the price starts to rise, and the user can also learn and earn crypto with an attractive return when the user invests in bitcoin. The Simple Earns program allows the user to receive a guaranteed return of 10% on investments in bitcoin, which provides 10 times more profit than bank deposits.
Earning crypto rewards program from Simple App is not taxed income, as this is a new type of income and the tax institutions in different countries have not yet introduced income tax for this type of passive income. But still, this does not mean that the user can be completely exempt from tax, the customer can pay income tax when the client provides services for customers to buy or sell crypto. Consequently, learning and earning crypto will look like an additional source of income, and it will not be subject to income tax. Each country defines its own minimum income that is not taxed. Consequently, if a customer receives, for example, $ 800 in additional revenue, this amount is not subject to taxation.
As the crypto-economy evolves, there are many opportunities to earn coins, earn crypto rewards, and earn crypto as you learn. All these features are displayed in the Simple App. And to earn crypto while learning the program has been well received by the existing customers of the Simple App.
How to make money on crypto?
As mentioned above, most cryptocurrencies can be very unpredictable, so coin earnings when the customer buys and holds dollar-denominated stack coins such as USD Coin (USDC) are a great solution. At the moment, the client can receive 15% APY, which is simply the best option compared to bank deposits. And only the Simple Earn program can boast such a high percentage. This program is also called USDC Lending.
Most of these investment programs in stablecoin are referred to as CeFi (centralized) lending platforms, which allow the user to predict their value, which distinguishes them significantly from DeFi (decentralized) coins, which may be exposed to high volatility and are at risk of being devalued. .
The advantage of CeFi Lending Platforms is that they can guarantee a return of up to 15% per year. There are also stack coins based on the DeFi protocol, such as the DAI cryptocurrency, which is linked to the USD exchange rate, and the volatility does not exceed 5%. Thanks to the CeFi Lending protocol, it has become possible to make deposits, borrow, send and receive cryptocurrencies, which is quite stable in price. Thanks to this, Simple App users get an investment that is under control and can earn 15% per year, for example on USDC (USD Coin). On the Simple App website, the user can find a calculator that shows how much profit the customer can get by holding assets in some stable currency.
How to make money on crypto with Simple App?
It’s easy:
- Register
- Download apps
- Top up your bank card account.
- Buy USDC
- Store cryptocurrencies in USDC.
That’s all it takes.
With this type of investment in mind in the form of the rewards program for cryptocurrencies from the Simple App, it is worth noting the benefits that users, among other things, choose the Simple Earn program through.
Why do customers choose Simple App?
Simple App allows one of the best crypto solutions where the user can buy, sell, store and earn coins on bitcoin and other cryptocurrencies.
Additional benefits of the Simple Earns program are as follows.
1) Provide industry-leading security with the most advanced communication protocols. Among them are cold storage systems and offline storage of cryptocurrencies.
2) Security of user accounts. Thanks to Two-Factor Authentication (2FA), which provides dual account protection and requires verification of actions using special 6-digit synchronized codes known only to the service or customer.
3) High profitability of coin earnings, which is 10 times more than a bank deposit.
4) Access to cryptocurrencies at any time. The client can exchange cryptocurrencies for fiat without hidden fees and charges and without any withdrawal limit.
5) The profitability of the Simple Earns program is higher than inflation in highly developed countries.
6) The user can control and use cryptocurrencies as the customer wants. For example, the client can send stack coins as payment for something.
7) Monthly remuneration is calculated on a daily basis.
Conclusion
When the user receives coin income, for example with bitcoin, the customer increases the long-term financial benefit. All this is due to the fact that the client gets profitability from two factors: the growth in the value of bitcoin and a guaranteed return of 10% per year. When the customer chooses the place and service that will store bitcoins, be sure of the security of the service and its high quality customer support.
The best case scenario for gaining profitability from cryptocurrencies is Simple Earns alternative when the user stores bitcoin and gets guaranteed 10% per year, as well as a profit from the rising price of bitcoin. The second best option is to invest in stablecoin USDC where the customer is guaranteed to earn 15% annual return. This is the best solution when the user plans to create wealth by investing in cryptocurrencies in the long run.
Disclaimer: This is a paid post and should not be treated as news / advice.
