Generating Passive Revenue Effortlessly with Bitget

Passive income refers the money generated from idle assets without lifting a finger. Most users who are new to crypto simply opt for the “buy and hold” approach and wait for prices to rise. Others venture into futures trading, trying to make money by going long or short. Savvy investors, however, explore the use of financial products on CEXs to earn passive income.

Bitget offers a range of products to help users to earn passive income easily. Here are some of the most popular ways to earn extra money on Bitget.

Bitget Savings is a zero-risk investment product that offers competitive and stable annualized returns (APR). It currently supports a range of major cryptocurrencies like BGB, USDT, BTC, ETH, ARB, and more. Depending on your subscription period, users can opt between Fixed Savings and Flexible Savings.

Flexible Savings allows users to earn daily interest on their deposits and gives them the flexibility to redeem their funds at any time. For instance, the APR of USDT is currently at 8%.

Fixed Savings offers products with fixed terms, usually 7 days or 14 days. Compared to Flexible Savings, Fixed Savings products have higher returns. Taking APE as an example, the current APR of a 14-day fixed-term APE saving product is at 20%.

Staking is one of the most common methods to earn passive income in the crypto industry. You're probably familiar with PoS, which stands for Proof of Stake. In a PoS consensus mechanism, the greater the amount of coins you stake and the longer you hold them, along with the longer it has been since a node processed a transaction, the likelier you are to secure the opportunity to validate the next transaction and consequently receive the block reward. More blockchains are increasingly making the switch to the PoS mechanism due to the high energy consumption and low efficiency of the PoW mechanism. For instance, ETH switched from PoW to PoS in 2022.

Bitget offers the most user-friendly PoS staking platform in the crypto industry, bringing together leading PoS projects, offering flexible redemption methods, and allowing users to enjoy block rewards easily without the need to take on the risk of being a node validator. This way, users not only participate in bolstering the security of blockchain networks, they can also engage in on-chain staking, enabling them to enjoy stable returns and put idle funds into good use.

Automated bot trading is another popular method to earn passive income. However, conventional bots often have limited parameter settings, resulting in modest returns and unable to cater to users with varying risk appetites. Recognizing this gap, Bitget took the lead in introducing an AI bot system designed to grant users greater flexibility in determining bot parameters. Unlike recommendations from traditional systems, the parameters suggested by AI bots are derived from the market's historical data and price volatility, calculated using Bitget's robust backend algorithm—providing traders with a reliable and trustworthy reference. This equips users with convenient and advanced investment bots to help them maximize their returns.

Furthermore, Bitget offers three types of AI bots tailored to different investor portfolios and risk appetites: Conservative, Secure, and Aggressive. The recommended parameters aim to align closely with the user's risk tolerance. Conservative AI bots trade cautiously and can serve as a hedge against extreme market conditions. Aggressive AI bots are designed to earn profits multiple times through high-frequency trading, achieving sustained profitability. Secure bots fall in between, offering relatively steady returns. Users can also refer to the AI bot's back-tested 30-day ROI and the number of users utilizing the bot when deciding which AI bots to use.

Bitget's AI bots are currently available for spot grid, futures grid, spot martingale, and futures martingale. Each bot comes with customizable risk settings that can be easily adjusted. The bot will trade automatically once enabled, taking advantage of every market fluctuation and securing users a stable source of passive income.

Copy trading is a strategy where an investor follows and copies the trades of another investor (usually an elite trader) and holds the same portfolio or position as the trader they are following.

Bitget is the pioneering crypto trading platform that supports copy trading. Through our spot or futures copy trading, users can copy the orders placed by elite traders. Bitget provides followers with access to detailed portfolios and the historical performance of elite traders, including metrics like PnL, win rate, AUM, and more. When users opt to clone the trades of elite traders, the system automatically copies the elite trader's opening and closing trades, eliminating the need for users to closely monitor market trends and price changes while still earning a passive income easily.

Since its inception, Bitget Copy Trading has attracted over 110,000 elite traders to share their strategies and more than 520,000 followers in making copy trades. As of May 2023, with over 57 million copy trades executed, Bitget Copy Trading has generated over US$3.5 billion in profit for its users.

On the other hand, elite traders sharing successful strategies on Bitget not only helps build their presence in the crypto sphere, but also enables them to boost their passive income. To date, elite traders on Bitget have collectively earned a profit share of US$23 million.

Join the Bitget Affiliate Program to enjoy the benefits brought by Bitget's success. Currently, Bitget boasts over 15,000 affiliates spanning 150 countries and regions, with cumulative commissions of up to 20,000 BTC paid out. Anyone with a strong network or a significant number of followers on social media is welcome to apply. As a Bitget affiliate, you'll enjoy a range of perks:

Apply to become a Bitget Affiliate here .

For the average investor, this is also an easy method to earn passive income. Currently, Bitget offers two principle-protected Earn products: Bitget Shark Fin and Smart Trend.

Bitget Shark Fin is an innovative financial product that combines fixed-interest products with financial derivatives, making it an accessible option for users who prefer low-risk.

Smart Trend, another innovative financial product, utilizes a blend of fixed assets and options to create distinct financial products that offer a balance between risk and returns. These products aim to increase returns while balancing the risk of crypto price fluctuations. Based on their judgment of price trends, investors can get enhanced returns from the rise or fall of crypto prices on top of enjoying a base APR. For instance, the USDT/BTC product settled on June 24, 2023, boasted an APR of 47.80%.

Read more: Bitget Shark Fin Introduction A Tutorial on Bitget Smart Trend

BGB is the native token of Bitget, the world's largest crypto copy trading platform. Its key strength lies in its versatile range of applications, offering holders a host of exclusive benefits: BGB allows for a 20% discount on spot transaction fees and enables users to participate in Bitget Launchpad and Launchpool.

Furthermore, BGB's market performance has consistently been robust. Even in the midst of a bear market, BGB's position remains solid, periodically reaching new highs. In contrast, Bitcoin is already down 55% from its previous peak. BGB's strong market performance demonstrates its huge potential for growth. Bitget remains dedicated to empowering BGB, ensuring its holders share the dividends of its growth.

In the coming times, Bitget will launch more innovative products to help users earn passive income in an easy and stable way

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