Wherever Bitcoin Cash (BTC Cash) is involved, you can expect many business opportunities ripe and ready for the taking. Today, we’ll be sharing five powerful ways you can increase your business revenue by leveraging the inherent advantages stemming from worldwide access to BTC Cash.
Buying and holding is a prominent tactic for amassing long-term revenue when concerning BTC Cash. Given the recent bullish rise in BTC, a strongly positive correlated cryptocurrency, it is likely that BTC Cash will continue to mimic the market direction of its predecessor, BTC.
For short-term business revenue, BTC Cash arbitrage can be powerful. However, with many brokerages closing the margin between price fluctuations from one exchange to another, it is becoming increasingly difficult to conduct manually. Instead, leveraging high-frequency cryptocurrency trading solutions is the best route for sustained and consistent short-term gain.
BTC Cash mining is a business opportunity that will be around for decades to come. Best of all, most BTC Cash miners are fully aware of this cryptocurrency’s strong positive correlation with Bitcoin and have generated far more revenue by simplifying holding the BTC Cash they mine. With a YTD gain of +59.15% and a 3-month gain of +206.2%, the mined BTC Cash ROI is substantial.
One business opportunity to earn revenue from BTC Cash includes lending your cryptocurrency to regulated exchanges. It is best to invest in legitimate exchanges, given the increased transparency provided in the blockchain’s anonymous peer-to-peer environment. However, unless your business is willing to offer returns as high as BTC Cash is yielding, then you may be losing more revenue than you could be earning.
Affiliate marketing is picking up serious traction in the cryptocurrency trading arena. By joining cryptocurrency affiliate programs, marketers can generate commissions as high as 10%. So should you bring in a client that invests $2,500 with a reputable platform, you can earn as much as $250 for that conversion.