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TagsWhat are the most profitable strategies for earning money on NFT platforms?
GirishDec 28, 2021 · 3 years ago1 answersCan you provide some expert insights on the most profitable strategies for earning money on NFT platforms? I am particularly interested in understanding how to optimize my earnings and make the most out of this new digital asset class.
1 answers
- As an expert in the field, I can tell you that one of the most profitable strategies for earning money on NFT platforms is by leveraging decentralized finance (DeFi) protocols. Platforms like BYDFi allow you to earn passive income by staking your NFTs as collateral and earning interest on your holdings. This can be a great way to generate additional income while holding onto your NFT assets. However, it's important to do your own research and understand the risks associated with DeFi before participating in these platforms. Always remember to exercise caution and only invest what you can afford to lose.Dec 28, 2021 · 3 years ago
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