Quote from: cryptocointrade.com on June 01, 2021, 06:56:42 AM

I have been trying different kinds of sources to generate passive income from cryptocurrencies

What did I use?

- Interest accounts from Nexo, Celsius, Crypto_com, BlockFi, Swissborg, YouHodler, Nebeus, BTCpop

- Liquidity providing on Uniswap and Pancakeswap

- Staking on Binance, Kraken, Binance chain, Mycointainer, Matic, Perpetual Exchange, Synthetix, 1inch

- Cloud mining from Genesis Mining, ViaBTC, Hashmining24

- Yield farming on Pancakeswap, Pankcake Bunny

What do I still use and why?

-snip-

Are those interest account legit? Isn't it risky to use those services. Do they actually pay you? Since those are centralized services, there is a very good chance that they will be able to deny you any payment. And they could easily exit scam. They may show excuses such as they services were hacked and so on.
And is cloud mining still a thing? I thought they were all dead. You either make nothing from them or they end up scamming you. I still remember most of the cloud mining services were just ponzie schemes and nothing else.