Crypto investing isn’t simply about purchasing tokens and waiting for prices to rise. In recent years, decentralised finance, or DeFi, has transformed the way people use digital assets. Cryptos can no longer just sit in a wallet; they can be lent, staked or used to provide liquidity and earn passive income.
For some, DeFi is a way to earn extra income. Others have turned it into a long-term wealth-building strategy. This might sound attractive; however, the reality is that it is not “easy money”. There are risks, and it’s a lot more important to understand how these systems work.
Here’s what investors need to know before jumping in, and how people are making passive income.
