37 Bitcoin Business Ideas That Will Make You Money Quick [2024]
Crypto business ideas have been dominating the headlines in the past few years. With more and more people investing in cryptocurrencies, it’s no surprise that many people are looking for an opportunity to get a slice of the pie.
This article will provide you with some of the best crypto business ideas that will make you money quick.
From bitcoin vending machines to becoming a crypto trader, we put together 25 crypto startup ideas that are working today.
Here’s the list:
1. Start a crypto hardware business
Although crypto is a digital product, there are many physical products that can be built around it, such as wallets, security keys, and USB drives.
The first thing that you need to do is to make sure that you have a good idea for the product. You should also find out how much it would cost to manufacture the product.
If you are developing a hardware related product, then you need to know the laws and regulations of the country where your manufacturing facility will be based on. For example, if your product is related to cryptocurrency and mining, then it needs to be compliant with all of the rules and regulations set by SEC in America.
How much you can make: $32,000/month
How much does it cost to start: $136 (?)
How long does it take to build: 180 days (?)
CBlocks is a cryptocurrency startup that generates random wallets of the top 100 cryptocurrencies, funds them, and ships them on a USB drive alongside software to manage them, with $32k made in the first 30 days and almost $3k on their second day from being featured in TheNextWeb, Forbes, The Outline & LifeHacker all within their first 3 weeks.
2. Start a crypto tax business
The tax code is a complex system that has been in place for decades. As the new age of currency, cryptocurrency, is introduced to the world, it has become increasingly difficult to keep up with the changes.
In 2017, the number of people who owned bitcoin in the United States was 1.5 million.
There are many tax services available online that are designed specifically for cryptocurrency traders and investors. These services will help crypto owners file their taxes quickly and painlessly so they can get back on track with their investments!
How much you can make: $3,699 — $10,000/month
How long does it take to build: 67 days (?)
BearTax is a cryptocurrency tax software that helps traders consolidate trades and calculate taxes without heavy lifting, serving over 10,000 users across the globe in the US, Australia, Canada and India.
3. Create a play to earn game
Play to earn games are a new trend in the gaming industry. They are often blockchain-based games that reward digital assets.
These games that give players items, currency and other rewards for completing tasks.
The most popular play to earn games include:
- Clash Royale (by Supercell)
- Pokemon Go (by Niantic)
- Fortnite (by Epic Games).
To create your own play-to-earn game, you will want to generate a few game concepts.
If you want to create your own play-to-earn game, you will want to generate a few game concepts. As a game developer, it can be difficult to decide what type of game you want to develop. This flowchart might help you explore your options in deciding what type of game to develop.
4. Start a consulting business
Consulting businesses are booming, more so than ever before, and seeing year-over-year growth. With an accumulated value of about $250B, the global consulting industry is one of the biggest markets within the professional services sector.
If you want to start your own consulting business with valuable insights from industry experts, reading about their entrepreneurial journey will help you decide how you should go about it.
How much you can make: $100 — $1,666,667/month
How much does it cost to start: $1,000 (?)
How long does it take to build: 60 days (?)
Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.
5. Create a NFT
An NFT is a Non-Fungible Token - that means that each token is unique and can't be replaced by another token.
NFTs are a new way to create digital assets that are limited in quantity. Every time someone buys the NFT, they get the ability to use it in their game or app and they also get a share of the profits from any future sale of this asset.
Want to create your own? The three best tools for creating NFTs are Scryfall, NFT.club, and CryptoKitties.
6. Create an online course
An online course business involves creating and selling digital classes teaching specialized skills or knowledge to subscribed students.
As an entrepreneurial course creator, you identify educational gaps around topics you have expertise in and develop engaging video lessons and supplementary materials.
With flexibility around self-paced or cohort-based structures, building a student base provides passive income potential.
For founders who enjoy information-sharing, launching an online course platform presents a lucrative way to monetize your instructional talents with small startup costs by serving eager lifelong learners seeking convenient access to emerging subjects.
How much you can make: $275 — $1,000,000/month
How much does it cost to start: $2,000 (?)
How long does it take to build: 88 days (?)
Learn how one couple created a successful personal finance blog, The Savvy Couple, that now makes over $20,000 per month and has sold thousands of digital workbooks and courses, by focusing on purposeful content and optimizing their ROI with efficient time management.
7. Become a crypto accountant
As cryptocurrencies become more common for transactions and investments, there is a need for accounting professionals with knowledge of how cryptos work.
To become a crypto accountant, you need to understand how cryptocurrencies work and how the classification of these digital assets under the generally accepted accounting principles.
The rise of cryptocurrencies brings a new layer of complexity to accounting. Navigating the new frontier and ensuring tax compliance and proper crypto accounting can prove challenging.
The best way to start learning more about cryptocurrency accounting is to read articles that are published on the topic, like this one. They will cover everything from how to account for cryptocurrency mining operations to how to account for a fork in the blockchain.
8. Become a crypto miner
Crypto mining is creating new bitcoins by solving complicated math problems that verify bitcoin transactions.
To get established as a crypto mining expert, you need to have a wallet for your cryptocurrency so that the tokens or coins have a place to land. Each crypto miner has to be a member of an online crypto mining community. Besides, crypto miners need specialized machines built and tuned specifically to mine cryptocurrencies. The interesting thing about crypto mining is that more people mining bitcoin does not lead to an increase in the number of coins being mined.
How much you can make: $2,800/month
Learn how Adam Crookes started a content writing business, Freshly Squeezed, from scratch, resulting in $3K MRR in just 6 months, and get tips on attracting and retaining customers and building a successful service-based business.
9. Start a crypto loan service
Crypto loans are a great alternative to traditional loans. They are quick, transparent and have low-interest rates. However, they can be difficult to apply for, because they require the borrower to provide more information than traditional loans.
A crypto loan service creates a personalized experience for clients who borrow crypto loans. You can make their process smooth, transparent and efficient by providing them with a complete loan application, matching them with the right lender, and executing their loan quickly.
You can launch your own crypto loan service on this platform
10. Start a NFT marketplace
An NFT marketplace is an online site for crypto-collectibles and non-fungible tokens where traders can buy-sell and discover exclusive digital items.
Launching an NFT marketplace requires setting up a blockchain network, integrating a chosen digital wallet, and creating smart contracts. Finally, you need to build a customer-facing web application.
Experts estimate that NFT marketplaces will continue experiencing a YoY growth of 30.72%.
Therefore, NFTs are becoming some of the most profitable blockchain-based experiments.
How much you can make: $30,000 — $1,000,000/month
How long does it take to build: 212 days (?)
RMRK developed the most advanced NFT system in the world, generating $1 million per month in volume and $30k per month in revenue, due to founder Bruno's hack to put NFTs onto a chain without smart contracts.
11. Build a crypto app
Building a crypto trading app is the easiest and safest way to make money from cryptocurrencies.
To build a custom crypto app, you need technical skills. A custom crypto app offers the developers complete access to the technical support team. Purchasing a white-label solution means quick time to market, and it involves a relatively simple setup.
Whether crypto traders make or lose money, a crypto app remains a winner.
How much you can make: $25,000 — $220,000/month
How long does it take to build: 180 days (?)
CBlocks is a cryptocurrency startup that generates random wallets of the top 100 cryptocurrencies, funds them, and ships them on a USB drive alongside software to manage them, with $32k made in the first 30 days and almost $3k on their second day from being featured in TheNextWeb, Forbes, The Outline & LifeHacker all within their first 3 weeks.
12. Start a legal services business
Cryptocurrency lawyers are professionals who offer sophisticated and knowledgeable legal counsel to clients navigating the rapidly evolving cryptocurrency and blockchain space. They provide clients guidance concerning litigation, money transmission, token offerings, and other crypto-related issues.
To become a cryptocurrency lawyer, you should have in-depth knowledge about token issues. Besides, you should have a certified degree of law from an accredited institution. Lawmakers in Washington D.C. and across the world continue figuring out how to establish laws and guidelines to make crypto safer for investors and less appealing to cybercriminals.
Therefore, this is a great opportunity for crypto lawyers to participate in shaping the future of crypto transactions.
How much you can make: $4,500 — $750,000/month
How much does it cost to start: $3,250 (?)
How long does it take to build: 180 days (?)
This case study follows the growth from scratch of a Personal Injury and Criminal Defense law firm that started from direct mail campaigns and has now expanded into a multi-million dollar-a-year business with the goal of becoming an 8 figure firm, while maintaining a customer-centric approach and fostering a culture of innovation and excellence.
13. Become a crypto trader
Crypto trading is an exciting market with a reputation for higher returns than some traditional investments.
Note that cryptocurrencies are incredibly volatile (and this is not investment advice).
When you start, opt for small-stake trades that allow you to get a handle on the market with minimal risk. Trade through a secure wallet provided by a reputable broker such as Coinbase or Binance. Take time to practice technical analysis, an essential research skill to help you read charts and identify patterns to inform your crypto trading strategies.
How long does it take to build: 135 days (?)
14. Start a decentralized app
Decentralized apps are digital applications that exist and run on the blockchain or peer-to-peer networks of computers instead of on single computers.
Before you build a decentralized app business, it helps to know your competition and trends ushering in the new wave of decentralized Apps. Remember that dApps aren’t an entirely new concept. The new shared trust mechanisms that are cryptographically secured make the modern decentralized apps stand out. The decentralized apps will be more involved in day-to-day living, reducing costs and eliminating third parties from many of our personal and business transactions. In addition, app developers can expect to create dApps with a heavy focus on the metaverse.
How much you can make: $10,000/month
How long does it take to build: 357 days (?)
MintMe revolutionizes the crypto-crowdfunding space by offering a platform for both token creators and supporters to earn money through token trading, boasting over 1 million users worldwide and attracting clients through direct engagement and continuous improvements.
15. Start a crypto cybersecurity system
Cybercriminals can gain access to entire investments by stealing crypto wallet account keys. Therefore, you must treat crypto accounts with the utmost caution.
Cyber security experts focus on helping companies secure their networks and data from attacks by cybercriminals. Blockchain technologies are receiving massive attention from the research community in different application fields.
Becoming a cybersecurity expert focusing on crypto can be a rewarding career. Coinbase and other cryptocurrency exchanges use blockchain in cybersecurity, allowing users to trade everything from Bitcoin to Litecoin and Ethereum on the company’s secure blockchain platform.
How much you can make: $91,000 — $230,000/month
How long does it take to build: 300 days (?)
Cybersecurity consulting firm Eden Data, launched in March 2020, scaled to four team members and generated over $45k MRR without large startup costs through their unique Virtual CISO offering, which outsources cybersecurity and compliance needs for a flat monthly price, rather than charging by the hour or for long-term commitments.
16. Start a dropshipping business
Dropshipping is a business model where you sell products to customers without holding inventory.
Instead, when a customer makes a purchase, you buy the product from a third-party supplier, who then ships it directly to the customer.
To start a dropshipping business on a budget, choose a niche or category of products you want to sell.
Next, set up an online store using platforms like Shopify or WooCommerce. Then, find reliable suppliers from platforms like AliExpress, list their products on your store, and focus on marketing and customer service to grow your business.
Remember to carefully manage your expenses and monitor your profit margins to ensure profitability.
How much you can make: $6,000 — $3,000,000/month
How much does it cost to start: $8,500 (?)
How long does it take to build: 90 days (?)
Time commitment per week: Min. 10 hours/week
Entrepreneur Kamil Sattar has developed multiple six-figure drop shipping businesses, and his company, e-commerce mentoring, specializes in helping others create their own successful companies, with favorite platforms including using Shopify and apps such as Loox reviews and SMSBump.
17. Start a bitcoin vending machine
A bitcoin vending machine allows customers to purchase bitcoin and other cryptocurrencies.
To Start a bitcoin vending machine you need to buy a bitcoin ATM and register the AML/KYC requirements with the BTM compliance. Then, you have to secure a steady bitcoin supply before deploying the machine to a secure location. Finally, you need to load service cash before launching the business.
The BTMs recoup costs through a margin for profit attached to any fees levied on the consumer. With the rate of fees and the overall popularity of Bitcoin, a cryptocurrency ATM is still a highly profitable venture.
18. Start a cryptocurrency real estate business
Crypto real estate business refers to the use of cryptocurrency in real estate transactions. The transactions occur in digital space namely the metaverse and in real life. To participate in crypto real estate, you need digital assets. You can use digital assets to purchase real estate assets in the metaverse.
Blockchain technology is poised to give the real estate industry a significant leg up. This is because blockchain's inherent system of trust makes it the ideal technology for smart contracting, facilitating renting, buying, investing, and even lending.
19. Start a cryptocurrency exchange service
The cryptocurrency market is growing exponentially. A good business idea you can start in this line is a cryptocurrency exchange. A cryptocurrency exchange is an online marketplace where users trade cryptocurrency. A cryptocurrency exchange works similarly to an online brokerage. Users can trade crypto for fiat or crypto for crypto.
How much you can make: $25,000 — $50,000/month
How long does it take to build: 150 days (?)
SimpleSwap, a user-friendly and reliable service for cryptocurrency exchanges, attracts over 200,000 monthly active users with an average monthly revenue of $50,000 by offering a simple and convenient exchange process and superior customer support.
20. Start a merchant wallet account
Think of a place where you can keep your business's money safe, organized, and always ready for transactions. That's the essence of a merchant wallet account.
A merchant wallet account is a digital wallet specifically designed for businesses to manage their financial transactions with ease. It functions almost like a traditional bank account but offers additional benefits such as instant payments, low transaction fees, and seamless integration with online marketplaces.
Whether you’re running a small e-commerce store or a large online marketplace, having a dedicated merchant wallet account can streamline your financial operations. You'll find it much easier to handle multiple payment methods, reconcile accounts, and offer swift refunds to your customers.
Why should you consider this idea? It’s about efficiency and control. By simplifying how you manage money, you free up more time to focus on growing your business. Start with a merchant wallet account and watch your operations become smoother and more reliable.
How much you can make: $1,000 — $2,000,000/month
How much does it cost to start: $150 (?)
How long does it take to build: 197 days (?)
HoneyCoin is a payments app that helps creators and internet businesses monetize their audiences by managing cash and cryptocurrency all in one place, which processes an average of $10k per month in revenue and has onboarded 504 people.
21. Start a bitcoin reseller business
Ever thought about getting into the cryptocurrency market but don’t know where to start? Consider a bitcoin reseller business. It's essentially about buying bitcoin at a lower price and selling it at a higher price, leveraging market fluctuations to make a profit.
Setting up a bitcoin reseller business requires understanding crypto exchanges, securing digital wallets, and keeping an eye on market trends. You'll need to invest time in learning about blockchain technology and staying informed about the ever-changing regulatory landscape affecting cryptocurrencies.
If navigating the complex world of digital currencies intrigues you, this business could be rewarding. The scalability potential is vast, allowing you to expand into other cryptocurrencies as you grow. For those with a knack for finance and a taste for cutting-edge technology, becoming a bitcoin reseller offers a modern path to entrepreneurial success.
How much you can make: $32,000/month
CBlocks is a cryptocurrency startup that generates random wallets of the top 100 cryptocurrencies, funds them, and ships them on a USB drive alongside software to manage them, with $32k made in the first 30 days and almost $3k on their second day from being featured in TheNextWeb, Forbes, The Outline & LifeHacker all within their first 3 weeks.
22. Start a bitcoin crowdfunding website
Want to tap into the potential of digital currencies for raising funds? Think about starting a bitcoin crowdfunding website. This platform enables individuals and organizations to generate funding through bitcoin contributions from a global audience.
Creating a bitcoin crowdfunding website involves identifying a niche, building a user-friendly platform, and navigating the intricacies of digital currencies. You'll need to handle legalities, secure your platform against cyber threats, and promote your site to attract campaigns and contributors.
Given the rising popularity of cryptocurrencies, a bitcoin crowdfunding website offers an innovative way to support diverse projects. With the right strategy, it can become a go-to resource for fundraising, making it a compelling business idea in today’s financial landscape. Starting this venture requires dedication and tech-savvy skills but can ultimately carve a unique space in the evolving crowdfunding industry.
How much you can make: $10,000/month
How long does it take to build: 365 days (?)
MintMe revolutionizes the crypto-crowdfunding space by offering a platform for both token creators and supporters to earn money through token trading, boasting over 1 million users worldwide and attracting clients through direct engagement and continuous improvements.
23. Start a bitcoin user manual
Trying to navigate the world of Bitcoin can feel like deciphering an alien language. That's where the Bitcoin User Manual business idea comes in. It's a practical solution for individuals looking to understand and leverage the potential of Bitcoin without getting lost in technical jargon.
Creating a comprehensive user manual involves breaking down complex concepts into simple, digestible sections that guide users from the basics to advanced strategies. You'll cover everything from setting up a digital wallet and securing it to understanding transactions and investment principles.
This business fills a crucial gap in the market, catering to both beginners and seasoned crypto enthusiasts. By demystifying Bitcoin through clear and concise manuals, you'll empower users to make informed decisions.
If you have a knack for writing and a passion for cryptocurrency, developing a Bitcoin User Manual could be a rewarding endeavor that combines education with profit.
How much you can make: $25,000/month
How much does it cost to start: $5,000 (?)
How long does it take to build: 90 days (?)
BitcoinVN built a successful Bitcoin exchange service in Vietnam, expanding to related products and services such as a crypto remittance platform, OTC desk, trading platform, and Bitcoin ATMs, with a founding team that took three years to receive income and initially invested $5,000.
24. Start a bitcoin paid to click site
Paid-to-Click websites (or PTC) are sites where you can earn money, rewards or digital currency by completing offers or viewing advertisements. PTC websites have been around for a while, and nowadays, consumers are looking for real PTC sites that they can trust.
Recently, Bitcoin Paid-To-Click Businesses have become very popular among Internet Marketers because Bitcoin is a great source of passive income. Since the introduction of Bitcoin, there have been numerous sites that allow people to earn Bitcoin as an affiliate for viewing ads and performing surveys.
How much does it cost to start: $5,000 (?)
How long does it take to build: 120 days (?)
25. Start a day trade bitcoin account
26. Start a bitcoin hardware mining business
A bitcoin hardware mining business uses specialized computer equipment to validate and verify transactions on the bitcoin network. This process, known as mining, requires a significant amount of computing power and electricity.
You will need a few key things to start a successful bitcoin hardware mining business. First, you must purchase specialized equipment such as ASIC miners or graphics processing units (GPUs). These devices are specifically designed for mining and will be the foundation of your business.
Next, you must find a location to set up your mining equipment. This space should have stable electricity, good ventilation, and a reliable internet connection. You may also need additional cooling equipment to keep your miners running at optimal temperatures.
In addition to the hardware and infrastructure, you will also need a strong understanding of bitcoin and the mining process. This will allow you to make informed decisions about the types of equipment to purchase and the most efficient way to operate your business.
Finally, it’s important to have a solid business plan in place. This will help you to track your expenses, profits, and growth over time. With the right combination of hardware, knowledge, and a solid business plan, you can build a successful bitcoin hardware mining business.
27. Become a bitcoin broker
28. Start a cryptocurrency ATM
A cryptocurrency ATM is a stand-alone electronic kiosk that allows users to buy and sell cryptocurrency. Users can buy or sell cryptocurrencies in exchange for cash or other cryptocurrencies.
29. Become a bitcoin oracle
How long does it take to build: 90 days (?)
30. Start a bitcoin website
How much does it cost to start: $800 (?)
How long does it take to build: 110 days (?)
31. Become a bitcoin domain name
32. Start a bitcoin forum
Forum about Bitcoin
Thinking about diving into the world of cryptocurrency without becoming a trader? Consider starting a Bitcoin forum. A Bitcoin forum is an online community where enthusiasts, investors, and technologists discuss, share news, and learn about Bitcoin and other cryptocurrencies.
Setting up a platform where people can exchange ideas and information about Bitcoin can be incredibly rewarding. You'll need to build a user-friendly website, moderate discussions to maintain a respectful community, and generate engaging content. Monetization can come from ads, premium memberships, or sponsored posts.
This business idea offers a chance to be at the forefront of one of the most exciting financial revolutions. It's a project that requires diligence and ongoing management, but if you're passionate about cryptocurrency and community building, a Bitcoin forum could be a compelling venture.
How much you can make: $50,000/month
How long does it take to build: 30 days (?)
SimpleSwap, a user-friendly and reliable service for cryptocurrency exchanges, attracts over 200,000 monthly active users with an average monthly revenue of $50,000 by offering a simple and convenient exchange process and superior customer support.
33. Start a charity that accepts cryptocurrencies
34. Start a tool for bitcoin traders
How much does it cost to start: $1,000 (?)
How long does it take to build: 30 days (?)
35. Start a bitcoin news site
36. Start a defi exchange
Defi exchange platform uses blockchain technology to create financial products and services. A Defi exchange platform allows users to create financial products without needing a third party. Some applications of DEFI platforms include:
- Creating financial products without the need for a third party.
- Allowing users to create financial products on the blockchain.
- Enable borrowing and lending of money on the blockchain.
- Allowing users to invest in cryptocurrencies and other assets.
How much you can make: $1,000,000/month
How long does it take to build: 188 days (?)
Midas.Investments provides a digital asset investment platform, offering structured passive-income products for users seeking to build a long-term source of income in cryptocurrency while minimizing time and risk capital.
37. Start a crypto asset management business
Crypto asset management services help users manage their crypto assets. The management service features a tool to show how the investor’s portfolio is shifting over time. The crypto asset management service enables crypto investors to know which assets to hold and which ones to sell.
What is a crypto business?
A crypto business is a business that deals with cryptocurrencies, also known as digital or virtual currencies. Cryptocurrencies are a type of digital asset that uses cryptography to secure its transactions and to control the creation of new units.
Bitcoin, the first and most well-known cryptocurrency, was launched in 2009. Since then, hundreds of different cryptocurrencies have been created.
Crypto businesses can take many different forms, from exchanges that allow users to buy and sell cryptocurrencies to businesses that accept them as payment. Some crypto businesses also deal in mining, which is the process of creating new units of a cryptocurrency.
Whatever their form, all crypto businesses share one common goal: to make money from the growth of the cryptocurrency market.
How to start a cryptocurrency business?
Cryptocurrency has been on the rise in recent years, with more and more businesses accepting it as a form of payment. If you're looking to get in on the action, there are a few things you'll need to do to get started.
First, you'll need to create a business plan and decide what kind of cryptocurrency you'll be using.
Next, you'll need to find a way to accept payments and store your coins.
Finally, you'll need to promote your business and get people to start using your currency. While it may seem like a lot of work, starting a cryptocurrency business can be a great way to get involved in this growing industry.
With careful planning and execution, you can build a successful business that helps people take advantage of this new technology.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
