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Referral programs, which are provided by numerous trading platforms, are one such technique. These schemes reward users with bonuses or money for each successful referral, which encourages friendsrummy 500 bonus app list india and family to download the app. Through the use of social networks and enticing others to trade, users can amass money that can then be utilized for real trading. Engaging in paper trading or demo accounts provided by different apps is an additional strategy. Through these platforms, users can practice trading in real market conditions with virtual money without having to risk real money.

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Using cash back and rewards apps when making purchases online or in-store is a popular way to generate passive income through apps. These apps offer a simple way for users to save money on regular expenses by allowing them to receive a portion of their purchases back in the form of cash or reward points. Apps that let users invest in stocks, ETFs, & cryptocurrencies are another well-liked source of passive income. Users can generate passive income from dividends, interest, and capital gains by investing consistently and holding onto their investments over time. Also, certain apps provide users with affiliate marketing opportunities for passive income, enabling them to promote goods and services to their network & earn commissions.