37 Crypto Business Ideas That Will Make You Money Quick [2023]

37 Crypto Business Ideas That Will Make You Money Quick [2023]

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 Can You Make?
$32,000/month
Skills

Case Study

My name is Auston Bunsen, I am one of the founders of CBlocks.io! CBlocks is the easiest way to acquire and learn about cryptocurrency.

We launched in mid-January and made about $32,000 in our first 30 days. I co-founded CBlocks with PK Banks & Mario Aguayo, two of my former coworkers.

earning-32-000-in-30-days-with-a-crypto-filled-usb-drive

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 Can You Make?
Skills

Case Study

Hello, I am Vamshi Vangapally, CEO and Co-founder of BearTax. We built a platform for cryptocurrency traders and accountants to help them consolidate trades and calculate taxes without heavy lifting.

Started as a tool addressing the need of the hour in early 2018, we became one of the top cryptocurrency tax software in the US, Australia, Canada and India. With our legal and taxation partnerships across the countries, we are now serving more than 10,000 users across the globe.

how-i-built-a-0-to-100k-month-crypto-tax-calculator

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:

  1. Clash Royale (by Supercell)
  2. Pokemon Go (by Niantic)
  3. 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 Can You Make?
$100 — $2,500,000/month
Average Initial Investment
$7,739
Skills

Case Study

Hey there! My name is Taylor Hersom and I am the founder of Eden Data. Eden Data is a cybersecurity consulting firm focused on helping startups build better security as they grow.

Since starting the company in March of 2020, we have scaled to four team members and an MRR of $45k, all through remote services and nearly no startup costs.

how-i-started-a-45k-month-cybersecurity-consulting-firm-for-startups

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.

How Much Can You Make?
$30,000 — $110,000/month
Skills

Case Study
  • Jamieson used high-resolution images of his earlier works to create NFTs of his artwork, which ranged from athlete portraits to abstract paintings. These jpegs were then listed for sale on NFT platforms.
  • He generated around $40,000 from 17 sales on SuperRare in a little over a month and a half.
  • According to the platform, Jamieson has sold 19 NFTs for a total of $44,399, with his highest NFT sale coming in at $4,772 and an average sale price of $2,336.
  • Jamieson is collaborating with Topps on a series called Project70, where he anticipates earning $500,000.

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6. Create an online course

Online course businesses are one of the fastest-growing online business models. Creating an online course is an awesome way to generate extra income because it allows you to monetize the knowledge you already have. More people are taking online courses every day, and the COVID pandemic has accelerated that, with some online learning platforms having seen 15-fold growth in the number of users.

Another advantage is that these new platforms are so easy to use for instructors that you don't have to worry at all about the tech side of the business. You just need to focus on creating exciting content that is informational & engaging at the same time.

Starting an online course allows you to eliminate some of the huge costs associated with setting up a physical training facility, and it's a great way to reach as many people as possible.

How Much Can You Make?
$350 — $3,735,000/month
Average Initial Investment
$6,531
Time To Revenue
150 days
Skills

Case Study

Hey! We are Kelan and Brittany Kline the founders and co-owners of the popular personal finance blog The Savvy Couple.

We are currently on pace to make over $250,000 this year alone with our personal finance blog!

how-this-28-year-old-couple-quit-their-jobs-and-make-20k-month-running-a-blog

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.

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 Can You Make?
$30,000/month
Average Initial Investment
$350,000
Skills

Case Study

I’m Bruno, and I used to be a web developer in a past life. In 2015 I join the blockchain movement as Ethereum entered the scene and have been building Web3 products and teaching people about Web3 ever since - from having worked on Ethereum 2.0 for a while to being engaged with Web3 Foundation presently, and developing an NFT standard on top of Polkadot and Kusama.

Last year I formed RMRK, a standard to build NFTs on Polkadot and Kusama and my team developed singular.rmrk.app as the minting and trading UI for the ecosystem. Throughout our development journey, we accidentally built the most advanced NFT system in the world. Right now, the volumes are around $1 million per month, which is a lot given that the Singular UI project itself is only a month old :) Our revenue is $30k per month right now, projected to be around $500k annually by the end of 2021.

how-we-accidentally-built-the-most-advanced-nft-system-in-the-world

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 Can You Make?
$25,000 — $300,000/month
Skills

Case Study

My name is Auston Bunsen, I am one of the founders of CBlocks.io! CBlocks is the easiest way to acquire and learn about cryptocurrency.

We launched in mid-January and made about $32,000 in our first 30 days. I co-founded CBlocks with PK Banks & Mario Aguayo, two of my former coworkers.

earning-32-000-in-30-days-with-a-crypto-filled-usb-drive

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 Can You Make?
Skills

Case Study

Hi, My name is Michol Bobb, and I am the founder of Notary Training Network. I facilitate foundational training classes for notaries in Maryland with my Intro to Notary Practice course. I also have a Mobile Notary Fundamentals business course for individuals to learn the business side of being a notary.

how-i-started-a-54k-year-business-offering-training-classes-for-notaries

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 Much Can You Make?
$1,000 — $300,000/month
Average Initial Investment
$102,500
Skills

Case Study

We are a team of people who sincerely believe in cryptocurrency and want to leave their significant mark in crypto-economics, therefore we created Exolix. There are many digital specialists in our team, but we are all united by our love for cryptocurrency, which two years ago prompted us to create our own product.

Today Exolix is ​​an anonymous cryptocurrency exchange with a fixed rate that provides users with unlimited exchange. Our main goal is to provide a fast, easy and secure exchange process.

on-starting-a-cryptocurrency-exchange-platform

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.

Average Initial Investment
$30,000
Skills

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 Can You Make?
$91,000 — $1,000,000/month
Average Initial Investment
$350,000
Skills

Case Study

Hey there! My name is Taylor Hersom and I am the founder of Eden Data. Eden Data is a cybersecurity consulting firm focused on helping startups build better security as they grow.

Since starting the company in March of 2020, we have scaled to four team members and an MRR of $45k, all through remote services and nearly no startup costs.

how-i-started-a-45k-month-cybersecurity-consulting-firm-for-startups

16. Start a dropshipping business

Dropshipping allows you to start your online e-commerce store without stock-keeping. Therefore, you do not need huge capital, and the risk is minimal because the manufacturer is responsible for the inventory and ships it directly to the customer. Therefore, your responsibility remains to market and offer customer service.

To start a successful dropshipping business, you need a mastery of online marketing and a focus on improving customer experience.

How Much Can You Make?
$6,000 — $3,000,000/month
Average Initial Investment
$11,116
Time Commitment Per Week
Min. 10 hours/week
Skills
Interests
Business model

Case Study

Hello, my name is Kamil Sattar. I am an entrepreneur who’s developed many six-figure drop shipping businesses. I’ve also created systems to maximize opportunities in different markets and I’ve started companies in many industries. One of those companies specializes in helping people who are seeking to create drop ship companies of their own.

Of course, with every store that I open, I am able to learn new things. With every new thing that I learn, it helps me improve my system that I use to create these six and seven-figure stores and it helps me improve my process for helping others generate their stores.

how-i-started-a-100k-month-business-mentoring-dropshipping-entrepreneurs

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 Can You Make?
$25,000 — $300,000/month
Average Initial Investment
$71,666
Skills

Case Study

We are a team of people who sincerely believe in cryptocurrency and want to leave their significant mark in crypto-economics, therefore we created Exolix. There are many digital specialists in our team, but we are all united by our love for cryptocurrency, which two years ago prompted us to create our own product.

Today Exolix is ​​an anonymous cryptocurrency exchange with a fixed rate that provides users with unlimited exchange. Our main goal is to provide a fast, easy and secure exchange process.

on-starting-a-cryptocurrency-exchange-platform

20. Start a merchant wallet account

How Much Can You Make?
$2,000,000/month
Skills

Case Study

Hi! This is Fida Haq and I am the MD and CEO of shurjoPay since its inception in 2010.

During Q1 of 2021, shurjoPay is averaging a transactional volume of USD 1.5M per month with the total number of merchants exceeding 600. We believe shurjoPay's impact in bringing about a change in the country’s online payment collection system has been transformational.

how-we-developed-a-1-5m-month-online-payment-gateaway

21. Start a bitcoin reseller business

How Much Can You Make?
$32,000/month
Skills

Case Study

My name is Auston Bunsen, I am one of the founders of CBlocks.io! CBlocks is the easiest way to acquire and learn about cryptocurrency.

We launched in mid-January and made about $32,000 in our first 30 days. I co-founded CBlocks with PK Banks & Mario Aguayo, two of my former coworkers.

earning-32-000-in-30-days-with-a-crypto-filled-usb-drive

22. Start a bitcoin crowdfunding website

How Much Can You Make?
Average Initial Investment
$100,000
Skills

Case Study

Hello, I’m Artur Makowka, together with my wife and an amazing team from different countries, I run a successful hosting business with over 1 million users all over the world. In 2017 I started the path to establish my ultimate dream business: MintMe, an ecosystem for the creation of tokens and digital coins as a means for monetization and crowdfunding of projects inside and outside the crypto sphere. This business started with the creation of the Blockchain MintMe Coin and its own cryptocurrency MintMe which is the main currency of use within the platform.

MintMe Coin, the blockchain, allows MintMe to become a full crypto exchange platform as well as a place for token creation, where people can share exclusive material with their followers and communicate directly with their supporters with security and transparency. However, what makes MintMe unique and "one of its kind" is that it offers both: token creators and their supporters, the possibility to earn money through token trading, unlike other crowdfunding platforms in which only one side gets it all, which makes of MintMe a completely new approach to the crypto and crowdfunding world.

on-creating-an-ecosystem-for-the-creation-of-tokens-and-digital-coins

23. Start a bitcoin user manual

How Much Can You Make?
$25,000/month
Average Initial Investment
$5,000
Skills

Case Study

I am Dominik, born and raised in Frankfurt/Main in the Heart of Europe.

Since then we have expanded our products & services to a whole range of related products such as a dedicated crypto remittance platform, a high-volume OTC desk for corporate & HNWI clients, a direct market access trading platform, the largest fleet of Bitcoin ATMs in Vietnam and an online shop to provide our clients with access to tools for securing their Bitcoins the right way.

we-built-a-240k-per-year-bitcoin-exchange-in-vietnam

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.

Average Initial Investment
$5,000
Skills

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.

How Much Can You Make?
$30,000/month
Skills

Case Study

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

Average Initial Investment
$75,000
Skills

30. Start a bitcoin website

Average Initial Investment
$800
Skills
Business model

31. Become a bitcoin domain name

32. Start a bitcoin forum

33. Start a charity that accepts cryptocurrencies

34. Start a tool for bitcoin traders

Average Initial Investment
$1,000
Skills

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.

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.

Pat Walls,  Founder of Starter Story
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Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.