{"id":489649,"date":"2021-05-12T06:57:55","date_gmt":"2021-05-12T04:57:55","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=489649"},"modified":"2021-06-15T10:53:04","modified_gmt":"2021-06-15T08:53:04","slug":"how-to-make-passive-income-with-cryptocurrency","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/489649\/how-to-make-passive-income-with-cryptocurrency\/","title":{"rendered":"How to make passive income with cryptocurrency"},"content":{"rendered":"<p>Many incorrectly believe that cryptocurrency is exclusively a high-risk, high-reward investment.<\/p>\n<p>This is not accurate, and there are many opportunities to make great passive income through investing in crypto.<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/arbitrage.ovex.io\/interest\/1?utm_campaign=Business%20Tech%20Articles%20Lander%20A&amp;utm_source=BusinessTech&amp;utm_medium=BusinessTech&amp;utm_content=How%20to%20make%20passive%20income%20with%20cryptocurrency\" target=\"_blank\" rel=\"noopener\">Click here to view OVEX\u2019s interest account products.<\/a><\/strong><\/li>\n<\/ul>\n<p>OVEX makes this easy thanks to its cryptocurrency income accounts, which you can learn more about below.<\/p>\n<h3 class=\"my-4\">What are cryptocurrency interest accounts?<\/h3>\n<p>OVEX\u2019s interest accounts operate similarly to traditional savings accounts.<\/p>\n<p>You deposit your cryptocurrency, leave it in the account, and earn an annualised interest rate.<\/p>\n<p>There are a few things that set OVEX\u2019s interest accounts apart from traditional savings accounts, however:<\/p>\n<ul>\n<li><strong>The option to invest in Bitcoin<\/strong> \u2013 A cryptocurrency that has the potential to be a very profitable asset.<\/li>\n<li><strong>More options without the red tape<\/strong> \u2013 OVEX lets you invest in stable coins which act the same as currencies like the US Dollar, which typically requires going through red tape, thanks to stable coins.<\/li>\n<li><strong>High annualised interest rates<\/strong> \u2013 Up to 20% per annum on crypto deposits, which is much more than you will get from local investment accounts.<\/li>\n<\/ul>\n<p>All of OVEX\u2019s interest accounts have a withdrawal notice period of just 30 days, and interest is paid out daily.<\/p>\n<p>You can also choose between traditional, independent cryptocurrencies like Bitcoin, or those which are directly tethered to global currencies \u2013 like TrueUSD (TUSD) and Binance USD (BUSD).<\/p>\n<h3 class=\"my-4\">About OVEX<\/h3>\n<p>OVEX\u2019s interest accounts are just one of several offered by the leading cryptocurrency investment platform in South Africa.<\/p>\n<p>It also offers an OTC trading option which has combined trading volumes of over R4 billion a month, while its arbitrage investment option makes it easy to make high profits fast.<\/p>\n<p>OVEX offers a fixed 1% fee on <a href=\"https:\/\/arbitrage.ovex.io\/welcome\/1?utm_campaign=Business%20Tech%20Articles%20Lander%20A&amp;utm_source=BusinessTech&amp;utm_medium=BusinessTech%20&amp;utm_content=How%20to%20make%20passive%20income%20with%20cryptocurrency\" target=\"_blank\" rel=\"noopener\"><strong>arbitrage service<\/strong><\/a><b> <\/b>and a 0% trading fee for all OTC clients \u2013 which is incredibly low compared to its competitors \u2013 as well as tight spreads and fast settlements.<\/p>\n<p>If you are interested in taking advantage of these investment opportunities, <a href=\"https:\/\/arbitrage.ovex.io\/welcome\/1?utm_campaign=Business%20Tech%20Articles%20Lander%20A&amp;utm_source=BusinessTech&amp;utm_medium=BusinessTech%20&amp;utm_content=How%20to%20make%20passive%20income%20with%20cryptocurrency\" target=\"_blank\" rel=\"noopener\"><strong>find out more here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OVEX makes it easy to earn money with minimal effort through its cryptocurrency interest accounts.<\/p>\n","protected":false},"author":57,"featured_media":489651,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[15929],"class_list":["post-489649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-ovex"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/489649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=489649"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/489649\/revisions"}],"predecessor-version":[{"id":498539,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/489649\/revisions\/498539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/489651"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=489649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=489649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=489649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}