The World Wide Web has opened up a lot of opportunities for making money online. A lot of people have become wealthy online. On the flip side, a lot of people have been scammed or lost money online.
Making money online is not hard if you put in the effort. A lot of people sell their skills online or take their business online. It is straightforward to work online from home with technology today, as many people have done recently during the Covid pandemic.
The only problem with all of these options is that you still need to put in the effort. You are still selling your time for money. Sure, you can make some passive income online, but you need to put in a lot of work to start with and then some work to maintain websites etc…
What I am going to show you today requires very little work and is truly passive income. It requires no special skills, and it is 100% transparent and legitimate. I have been personally using this platform to make money online with great success.
In fact, I opened up a new account for my partner on the 4th of January, I checked it the other day, and it has increased 300% in just over a month with NO work.
So what is the easiest way to make money online, you ask? Let me show you how easy it really can be with the CAKE DeFi platform.
My Real Example
To show you how easy this really is, I will use a real example of an account that I opened for my partner on 4/1/2021.
I opened the account on the 1st of January as an experiment that I could blog about on my crypto site. It took a few days to get verified, I made the deposit on 4/1/21. It has worked so well that I thought I would share it here because it is Fair Dinkum, the easiest money that I have ever made online.
The steps were:
- Open the account on the platform.
- Get verified – KYC
- Deposit $100
- Choose my investment option and set to auto-compound the earnings.
- Check account 49 days later = account balance over $400
I had to convert 1/2 of my investment into DFI tokens and then add the BTC & DFI to the liquidity mining pool earning around 150% APY.
I then set it up so that the interest earned, which is paid in DFI, would be automatically staked and earn 37% APY.
- Initial investment
As you can see, it was 0.00371 BTC. At that time, BTC was around $30,000, which was $100 AUD.
- Next, I selected the BTC/DFI pool to add my liquidity. You can see that there is roughly half BTC & half DFI. The current value is $210.24 because of capital gains. It was just under $100 on 4/1/21 when I made the initial deposit because of fees.
- You get paid the interest approximately every 3 hrs. As you can see below, this is what I have earnt so far.
- This is my account total now, Feb 22, including capital gains.
I invested $100 on Jan 4th, set it up to auto compound checked on the 22nd FEB – 49 days later = $428.56
Easy Investing Online
Investing scares many people, but it does not have to be scary or complex, for that matter. The platform that I have been using is straightforward, even for someone completely new to investing.
Yes, it involves cryptocurrency but is 100% transparent and legit. CAKE DeFi has made it simple for anyone to generate cash flow from crypto. You can buy your first cryptocurrency on CAKE and put it to work for you, earning interest with the click of a few buttons.
Watch CAKE DeFi explained in under 2 min.
How to Open your Account at CAKE
Opening an account at CAKE DeFi is simple use the link below to open your account and receive a signup bonus.
====> Pool by CAKE DeFi New account <====
Follow the prompts, enter your details and open your account. Once you open your account, you will need to pass KYC verification. KYC stands for Know Your Customer. This is a standard verification process, just like opening a bank account. You will need to send a copy of your passport or a national ID like a drivers license.
Once you have passed KYC (this usually takes 1-2 days), you can purchase some Bitcoin on the platform. There are several options for doing this. You can use a Visa or Master card, POLi, BPAY, PayID and a few other options. I use POLi because there are no fees when you buy Bitcoin this way and the transfer is almost instant.
Once you have purchased your bitcoin, you can then decide how you want to invest it. They have a few options for investing with different levels of returns and risk, and some are even guaranteed. Let’s have a look at the different options.
Options at CAKE
CAKE provides a few different options for generating cash flow from your crypto. They provide three services for investing they are:
- Liquidity Mining
All these services are done for you. You don’t have to do anything; CAKE manages it all for you. There are even options to auto-compound your earnings so you can just set and forget.
Let’s have a detailed look at each option.
The Lapis service is where you can lock up your investment for 4 weeks at a time and earn a guaranteed interest on it. I personally use the Lapis with BTC and have it set to auto-compound and re-invest.
Watch the detailed video below for a full explanation of the Lapis service.
Staking is another option that I use. I stake my earnings from Liquidity Mining and earn 37% APY. Unlike Lapis, you can add or withdraw at any time with Staking.
I wrote an article about staking that you can read here ===> What is Staking Crypto | CAKE DeFi Review
You wanted to know what is the easiest way to make money online. Well, this is it, Liquidity Mining. At CAKE, you can make around 100-150% APY with this service.
Liquidity Mining is a relatively new way to use crypto. It can also be called yield farming. If you would like to learn more about Liquidity Mining, you can read a full article on it here ===> What is Liquidity Mining | CAKE DeFi Review
DeFiChain Liquidity Mining explained (incl. risks)
What is the easiest way to make money online? CAKE is the easiest way, hands down.
It does not matter if you believe in crypto or not; CAKE works is simple to use, is 100% transparent and can be trusted. Cryptocurrency is the way of the future, and CAKE is providing services to put your crypto to work for you and earn great interest.
I have been personally using CAKE for around 6 months. When I first started buying DFI (CAKES native coin), it was 22 cents. Today it is around $4 and continues to rise. You can have your CAKE and eat it too.
Thanks for reading, Mate!
❗ DISCLAIMER: I am not a financial advisor. This is not financial advice. The content and material I provide on 2dsirecrypto.com is my opinion only and general in nature. Always do your own research before investing any money. You should always understand the risks involved in trading and investing and seek advice from licensed professionals before undertaking any investments of your own.