The cryptoverse offers a wide variety of ways to earn an income.
But there are also non-crypto ways to make money in crypto. Read on to discover a list of just a few products and services you could provide to earn an income in the crypto industry without actually touching crypto.
Accounting & tax advice for crypto investors
Crypto traders and investors need tax advice. The fast-changing regulatory landscape also often means changes in how to tax your crypto returns.
If you are an accountant or have a background in finance, you can offer advisory services to crypto investors or blockchain enterprises. You can advise them on how to classify their returns from cryptoassets, either as capital gains or as business income, and how to navigate the taxation process. In return, they can pay for your services. (Even in fiat!)
According to a study, many crypto traders show behaviors that mirror other forms of addiction, such as alcohol and gambling. Crypto holds the promise of life-changing profits but equally a risk of serious loss.