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Saturday, July 5, 2025

How to Start Generating Passive Income with Cryptocurrency? Staking Cardano (ADA) and by Simply Holding Gnox Token (GNOX) - Cryptonews

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Investing in fundamentally strong projects is one way of making money in the crypto market. However, with thousands of projects flooding the space every day, it takes a lot of research to thread the needle. Even then, there’s no guarantee for long-term appreciation.
One of the best ways to survive crypto winter is to have a passive source of income, which is now possible with the introduction of Decentralized Finance. It is easy to setup and requires only little effort to maintain a growing portfolio. Below are two simple ways to see your money compound over time.
Staking ADA (Cardano)
With a proof-of-stake mechanism, Cardano is the ultimate choice when it comes to putting some extra cash in your pocket. You can either stake ADA by starting your own stake pool or delegate it to a reputed one. The first option is more rewarding, but you have to invest in acquiring technical...



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