Crypto trading has taken over the modern environment, and now, nearly more features are being introduced daily. There are endless possibilities to earn a profit by investment or no investment. Crypto is not only limited to coins, but it includes Defi, NFT, metaverse, GameFi, and much more. Every gamer desires to earn a reward in the real world by playing the games, and GameFi is the closest thing to that dream.
With the advent of cryptos in the gaming industry, you can earn rewards in the form of not fake money, but you can use it for different purposes. If you are willing to earn a profit by GameFi, then there is no better platform than KuCoin because it provides the best features and is among the most secure Cryptocurrency exchange. This article will teach us different things about GameFi and how you can earn from it. So let’s get started.
What Is GameFi?
GameFi is the combination of two words that are game and finance. The term is used to define blockchain-based games in which everything has a real-world value, from skins to characters and weapons. The players can earn different rewards in the form of an avatar and in-game items by completing different tasks, securing new levels, and competing with other players online. Like the regular games, you earn the credits and avatar by playing, but the difference is that you can sell it to earn the cryptos that you can withdraw to convert them to FIAT currency.
How Can You Earn From GameFi?
There are different ways to earn from GameFi, and you can easily choose any game from thousands of games to earn the rewards. These are the steps to earn a profit by GameFi:
Create A Crypto Exchange Platform
For any crypto business, whether it is trading, investment, or NFT sell, you will need to have a crypto trading platform. KuCoin is the best crypto platform that allows you to earn maximum profit and have minimum trading fees. It provides multiple opportunities to users and access to over 700 coins.
Create A Gaming Profile
The next step is to create a gaming profile. Signing up on a gaming platform is similar to regular gaming, but you will be required to add the crypto trading account instead of your email or social media account and password. Make sure that you are making an account on an official account and not on a fake look alike.
Play The Games To Earn
The next step is to earn a profit by fulfilling game requirements. It is better to seek the guidance of experienced users to earn the benefits. Most games offer high rewards for specific tasks, and you can keep earning more profit when your skills are increased in the game. You can convert these ingame NFT to cryptos that you can convert to FIAT currency.
KuCoin is the best platform that offers the best gameFi options. It also has many other features that include the latest price, such as Doge Price, ADA price, etc. you can also convert the coins easily by conversion pair such as ADA/USDT, and you can access 700 coins.