Learn about all the different ways you can earncryptocurrency passively; directly in your Trust Wallet app.The ability to earnpassive income as a crypto holder is one of the most appealing features of thecrypto ecosystem. Whether you are lending tokens in decentralized lending poolsor staking coins, there are a plethora of opportunities to earn income on yourcrypto investments.Read on to discover five ways you can earn crypto passiveincome using Trust Wallet.Earning Passive Crypto Income: Here’s HowBefore we take alook at the five different ways that you can earn crypto passive income withTrust Wallet, it’s important that you consider the amount of money (and effort)you want to invest.Some passive income opportunities are more capital intensivethan others, while some require more research and effort than others.Also,remember that cryptocurrencies are susceptible to strong market corrections.

If the price of the particular asset you’re HODLing falls, it can eat into thepercentage of the passive income earned.Below are the five different ways thatyou can earn passive crypto income with Trust Wallet.StakingOne of the most common ways that you can earn cryptopassive income with Trust Wallet is through staking.    Staking allows crypto holders to earnpassive income (in the form of staking rewards) for locking up tokens tosupport the consensus protocol of a crypto network.In a sense, staking is akinto putting your crypto into an interest-bearing savings account, except that itpays out in crypto — not in fiat currency.Many leading crypto networks deploy aconsensus mechanism based on the Proof-of-Stake protocol, where networkvalidators stake tokens to secure the network and verify transactions. As areward for helping to maintain the integrity of the network, validators(stakers) receive a share of the block reward.Staking is a good way of makingyour cryptoassets work for you as they generate income instead of just sittingin your wallet. Moreover, by staking, you are also able to contribute to theefficiency and security of the blockchain projects that you support.TrustWallet currently supports in-app staking for six different cryptocurrencies.namely BNB, Kava, Cosmos, Algorand, Tezos, and Tron. However, more staking options will be available in the near future!DeFi LendingDeFi lending is one ofthe most popular use cases in the fast-growing DeFi market.

By taking part inDeFi lending, you can lend your crypto to others and earn interest. LeadingDeFi lending protocols that you can access directly in Trust Wallet include Aave or Compound.DeFi lending works in a similar manner as lending works in thetraditional financial markets. The key difference is that the decentralizedapplications (as opposed to financial intermediaries) match borrowers and lendersvia smart contracts, and no credit checks are required.Compound, for example,is a leading decentralized lending platform that enables you to loan yourassets in decentralized lending pools. When a borrower takes out a loan, theypay interest. All lenders receive a distributed share of interest as anincentive to stake their tokens thus providing liquidity. Interest rates varyas they are based on supply and demand.The Trust Wallet app allows you toseamlessly access a range of DeFi protocols - including Aave, Compound, andCREAM - should you choose DeFi lending as your way of earning crypto passiveincome.Providing Liquidity to Automated Market Makers (AMMs)Anotherexcellent way to earn crypto passive income is by providing liquidity toautomated market makers (AMMs).    AMMsare decentralized trading pools that match buyers and sellers using smartcontracts.

As an incentive to add liquidity (by depositing tokens) in a tradingpool, liquidity providers receive a share of the trading fees plus governancetokens. Uniswap’s launch in 2018 saw it become the first decentralized platformto successfully make use of the automated market maker (AMM) protocol. OnUniswap, users are able to exchange one ERC20 token for another without needinga third party.What’s more, it allows anyone with Ethereum tokens to earnpassive income by contributing liquidity to a pool and earning a share of thetrading fees.She packed her seven versalia, put her initial into the belt and made herself on the way. When she reached the first hills of the Italic Mountains, she had a last view back on the skyline of her hometown Bookmarksgrove, the headline of Alphabet Village and the subline of her own road, the Line Lane.