Investing in cryptocurrency most of the time requires you to spend your hard-earned cash. Despite the growing popularity of crypto, with Bitcoin and Ethereum at the forefront, many individuals remain wary of it. Some are interested in the market but are afraid to take the first step.
Primarily that’s because people need to spend money to purchase cryptocurrency tokens, which can have fluctuations in their value. As a result, you can earn gains but also lose money sometimes.
But here’s what you might not know yet: there is a way to earn and invest crypto without spending your own money. In 2022, a platform named JumpTask was introduced. The company claims to provide a marketplace where people can earn crypto in exchange for doing micro-tasks. Let’s see what JumpTask is all about.
How Does The JumpTask Platform Work?
It’s a marketplace that provides micro jobs for individuals to earn crypto rewards. The platform acts as a starting point for those new to the crypto world who don’t want to feel overwhelmed. People can start earning and investing in crypto without risking their own funds.
The way it works is simple: companies that partner with JumpTask provide their microtasks to the platform. Afterward, people from around the world do various exciting tasks. Finally, once a job is completed, the person receives a reward in JMPT (JumpToken).
What Is JMPT (JumpToken)?
JMPT (or JumpToken) is the platform’s native cryptocurrency. It works as a medium of exchange between companies and individuals. Businesses purchase JMPT, which is then transferred to people completing micro tasks.
JumpToken can then be held in the account, as its value can increase over time. Alternatively, people can withdraw and exchange JMPT for the currency of their choice. Here lies the platform’s benefit: people can earn and hold JumpToken without risking their own money.
How Do I Get Started?
To start earning crypto through JumpTask, you’ll only need to use your social logins to sign up. After that, you can choose any available tasks and earn JMPT. Some jobs take longer to do, while others take minutes.
A cryptocurrency wallet is needed to withdraw your earnings. Similar to storing your dollars in a bank account, a crypto wallet is necessary to hold your tokens. Setting up a wallet on JumpTask is easy and takes minutes.
What Tasks Can I Do On JumpTask?
JumpTask offers various ways to earn JMPT. Some people may find the tasks too easy, and others may prefer more challenging work with higher rewards. JumpTask works as a beginner platform to earn crypto on the side, which may help to cover everyday expenses. Currently, JumpTask has 5 earning types of both passive and active income.
One of the ways to earn passive income in crypto with JumpTask is by sharing your internet traffic. This is achieved by downloading the Honeygain app, a partner of JumpTask. Once installed, the app runs in the background of your device and earns you JMPT while you go about your day.
You can also use JumpTask to complete small jobs such as puzzles, app trials, video watching, or online surveys. The list of available tasks is updated daily, meaning you will constantly find new opportunities to earn crypto in JMPT.
There are other ways to generate income on the platform, which you will find on their website. The key to increasing your earnings is to engage in multiple earning types – the more tasks you do, the higher your rewards will be.
How Can I Increase My Earnings?
Indeed, earnings from tasks won’t make you a millionaire. While $50 in JMPT per month or more is certainly possible, some might point out that the reward is not substantial enough. Nevertheless, you can put your JumpTokens to work to earn more. How?
Indeed, completing tasks on JumpTask may not make you rich. It’s possible to earn $50+ or even $100 in JMPT per month. However, this will all depend on how many tasks you do per month. But is there a way to boost your earnings?
Crypto staking is a straightforward way to earn more with your JumpTokens. Once you buy or earn JMPT with tasks, you can put your JMPT in a staking pool which generates passive rewards in JumpTokens.
If you have not heard of staking before, it works like a simple savings account. First, you deposit your fund in an account. Then, as long as you hold them in there, the funds invested generate interest which increases your overall balance.
In conclusion, JumpTask provides a risk-free way to enter the world of cryptocurrency without any initial investment. While it may not have a wide range of advanced tasks, the platform’s team is constantly adding new ways to earn crypto. Hence, JumpTask is a great starting point for those interested in the crypto market: give it a try and see if it’s the right side hustle for you.