Do you live in the UK and are looking for ways to earn extra income? If so, then one of the best methods I can suggest is to earn passively through websites and apps.
Yes, there are realistic options that will allow you to earn passively and I will discuss them in this guide on how to earn Passive income in the UK.
I will show you several methods you can use to earn passive income and I will include a brief summary of each option so you will know what to expect from it.
That way, you can determine which options best fit your needs. All the options included on the list below are legit and free to join. Just hit the register button and go through the registration process and then you can start earning right away.
The term passive income is often misused today. Oftentimes, websites use this term to attract people and try to sell you something. But in reality, you will have to put in a lot of continuous effort in order to earn. So, the term “passive” will really lose its meaning.
As I use it in this guide, passive income are methods that will actually allow you to earn without doing anything.
You can usually do this by installing software or apps and that program will do all the work for you. If you have to put in any effort every day in order to earn, then that isn’t really called passive income, in my definition.
The most you will have to do is click a few buttons every day, which will only take a few seconds to do. That hardly qualifies as effort.
There are also other methods that will require a bit more set-up and are a bit riskier, but overall, the effort you will need to put in can still be considered negligible.
How much can you earn?
As you already know, this kind of earning opportunity will require very little effort, so to expect a lot from it would also be wrong. The rule of thumb with any earning opportunity is, the more effort and time you invest, the more earnings you will get.
So, you can’t really expect to get rich with this kind of earning opportunity. That being said, you will still be able to earn a decent amount of spending money provided you join the right sites.
That’s why you need to temper your expectations if you decide to do this kind of earning so you won’t get disappointed in the end.
I would also recommend you join 5 to 7 sites in order to gain access to multiple earning opportunities. That would be the best way to maximize your earnings from these passive methods.
8 Best ways to earn passive income in the UK
Now that you know what to expect from this kind of earning opportunity, we can start discussing the best ways to earn passive income in the UK. Take note that these aren’t the only options available.
Instead, these are options that I have personally tested and found worth it. I will keep updating this list so make sure to bookmark this page and check back from time to time for new opportunities.
Short summary: Nielsen Computer & Mobile Panel is a platform that will allow you to earn by installing their software on your computer or mobile device. What the software does is it collects data regarding your internet usage.
It will gather data anonymously, so you it won’t really be a cause for concern because your sensitive information won’t be collected. All it collects are data regarding the websites you visit. Then, the data collected will be used by various companies for their market research to improve their products and services.
The setup process only takes a few minutes and all you have to do is let it run in the background. Then, you will earn points which you can redeem for rewards. The available rewards will vary from time to time as well as the number of points required to redeem them.
Short summary: Nexo is essentially a cryptocurrency bank where you can deposit US dollars, Sterling pounds, Euros, or different cryptos. Then, you will earn interest of up to 20% in cryptocurrency for the amount you deposited.
That’s it. That’s all you really need to do. What makes it a bit more unique from a normal bank is the interest rate it offers. It really offers very high interest rates compared to normal banks.
It’s free to join, but of course, you need to invest a bit of money if you want to earn a significant amount. Or you can use some of the options on this list that pay in crypto and then take it out into Nexo and grow it further there.
Short summary: Swagbucks is a Get-Paid-To (GPT) site that offers plenty of ways for you to earn. Most of its earning opportunities will require some effort, but it also offers a passive earning method in the form of cashback offers.
You will only need to earn $5 in order to withdraw your earnings via PayPal or convert it to gift cards. The good thing about this site is, if you don’t like any of the cashback offers available, you can still earn by answering surveys, completing paid offers, and much more.
So, you won’t really run out of things to do to earn from this site. This is the main reason why it is one of the most popular GPT sites around today.
Short summary: Crypto.com is another cryptocurrency platform that will let you earn cryptos in several ways. It has some passive options where you can earn crypto with no effort. You can claim free crypto daily, or you can place your cryptocurrencies for staking so you can earn without lifting a finger
What I like about Crypto.com is you can withdraw your earnings to your crypto wallet anytime you want. Plus, the app will work with Android and iOS devices and it is very easy to use.
Short summary: If you are interested in earning cryptocurrency, Hi Dollars can be a good option. What this site does is give away its own cryptocurrency which is also called Hi Dollars.
All you have to do is claim Hi Dollars daily using their app. You just need to go to their respective channel and follow the instructions provided. It will only take a few seconds at most to claim your daily Hi Dollars.
This cryptocurrency is already being traded, so it has a real-world monetary value already. In order to join this site though, you will need an invitation link. But if you click the join button below, it will take you to the registration page and you can sign up right away.
Short summary: Honeygain will allow you to earn passively simply by installing their program/app to your device. What it does is it basically allows you to earn by sharing your unused internet bandwidth.
All you have to do is install the software on your computer or mobile device and set it up. Once it is set up, you just have to let it run in the background in order to earn. You will get paid for every gigabyte of data you share.
Then, when you’ve earned at least $20, you can withdraw your earnings via PayPal or convert it to Bitcoin. It also offers another payment method where you can get paid in JMPT (another form of cryptocurrency). If you choose this method, you can get paid instantly.
And if you join through the link below, you will also receive a $5 sign-up bonus.
Short summary: Bitsgap has the best earning potential among all the sites listed on this list, in my opinion. However, it also requires a bit of cash investment on your end. This site is essentially a cryptocurrency trading bot that will allow you to earn by buying and selling cryptocurrencies automatically.
All you have to do is set up their crypto trading bot according to your preferences and put some money in it and it will do all the work for you. It takes time to learn the ins and outs, but if you already have ample knowledge of crypto trading, then this will be pretty easy for you.
It does have a monthly fee, so you will need to invest a bit of money to use it.
Short summary: Peer2Profit offers a very easy way to earn extra cash. You just have to install their software and set it up. But, their software will not work with a Mac computer. It will only work with a Windows or Linux computer. It also works with Android devices.
So, you can still earn using your mobile internet service.
What it does is it will allow you to share your unused internet bandwidth with their clients in return for a small compensation, so it’s actually pretty similar to Honeygain in that regard.
You can withdraw your earnings via a bank card, Yoomoney, or Qiwi, and many more options. Plus, you can also convert your earnings to various cryptocurrencies and the best thing about it is, Peer2Profit will convert them automatically. The payout threshold will vary depending on your chosen payout method, but it starts as low as $2, so you can very quickly reach the threshold for some of the payout methods.
So that caps off our list of the best ways to earn passive income in the UK. And as you can see, most of these options are free to join and some will require a bit of cash investment in order to get started. But all of them will allow you to earn a decent amount without much effort at all.
And as I’ve suggested earlier, you should join around 5-7 sites so you can get access to more opportunities to earn. That would be the best way to quickly earn a decent amount. It is also very doable since each option will require very little effort and time on your end.
This page will be regularly updated if I find any new good opportunities so make sure to bookmark this page and check back on it from time to time.
If you have any comments, questions, or you know of any methods to earn passive income in the UK that you think belong on this guide, I would love to hear from you in a comment below.