Features
Decision to invite former member of Nazi-aligned Ukrainian military unit to House of Commons raises questions about why he was allowed into Canada in the first place
By BERNIE BELLAN (Originally published Sept. 25 in The Jewish Post & News)
The storm that erupted over the revelation that a former member of a Ukrainian unit that fought with the Nazis during the Second World War was invited to attend the appearance by Ukrainian President Volodymyr Zelensky when he spoke to the House of Commons on Friday, September 22, has led to a whole series of questions:
- Who is Yaroslav Hunka, the 98-year-old Ukrainian-Canadian who received a standing ovation from members of all four parties in the House of Commons on Friday, September 22, when he was introduced by House of Commons Speaker Anthony Rota prior to Ukrainian President Volodymyr Zelensky’s speech in the House of Commons?
- What was the Wafen-SS Galicia Division (also known as the SS 14th Wafer Division)?
- How is it that many former members of the Wafen-SS Galicia Division were allowed entry into Canada following World War II?
- Why was there no vetting of Hunka by anyone prior to his having been invited to attend the House of Commons on September 22?
The fierce reaction from various Jewish Canadian groups, including the Friends of Simon Wiesenthal Centre for Holocaust Studies, B’nai Brith Canada, and the Centre for Israel and Jewish Affairs, was unrelentingly critical of the decision to invite Hunka to attend Zelensky’s appearance in the House of Commons.
Hunka’s past participation in the Wafen-SS Galicia Division was well known. As an article that appeared on Wikipedia on September 24 noted: “Yaroslav Hunka (Ukrainian: Ярослав Гунька; born c. 1925) is a veteran of the 14th Waffen Grenadier Division of the SS (1st Galician), a Nazi Germany military formation. Hunka was born in Urman, then in Poland, and volunteered for SS Galizien in 1943. He emigrated to Canada after the conclusion of World War II. In 2023, Hunka made international headlines after he received a standing ovation from the House of Commons of Canada, and was recognized by Canadian prime minister Justin Trudeau and Ukrainian president Volodymyr Zelenskyy. Later, it was revealed Hunka was affiliated with Nazis, and Canadian government officials apologized to the worldwide Jewish community. Hunka is retired and lives in North Bay, Ontario.
Biography
“Yaroslav Hunka was born in
“Yaroslav Hunka was born in Urman, Second Polish Republic (now Ukraine) c. 1925. In 1944, Hunka was deployed into combat against Red Army forces on the Eastern Front of World War II. Following the conclusion of World War II in Europe, Hunka immigrated to Canada and joined the Ukrainian-Canadian community.] As of 2022, Hunka lived in North Bay, Ontario, and travelled to Greater Sudbury to protest against that year’s Russian invasion of Ukraine.”
The question why so many former members of a Ukrainian military unit that fought for the Nazis were allowed into Canada following WWII is laced with controversy. A website that is very sympathetic to Russia lists a number of very serious allegations about Canadian complicity in allowing those individuals into the country:
“In the immediate postwar period, Canada’s then Liberal government, working in close cahoots with US and British intelligence, opened Canada’s doors to Ukrainian Nazi collaborators. These included members of the infamous 14th Grenadier Division of the Waffen SS, also known as the Galicia Division.
“The scale of the influx of Nazi collaborators only became public knowledge in the 1980s. A comprehensive study carried out by Alti Rodal on behalf of the federal government-appointed Deschênes Commission of Inquiry on War Criminals in Canada uncovered records proving that US intelligence agents in Europe had funneled Nazi collaborators from Eastern Europe through the Canadian immigration system using false papers. Rodal revealed that large numbers of identically typed applications were received by Canada’s immigration department from one address in West Germany. On closer inspection, this address turned out to be a US military base.
“The Progressive Conservative government of Brian Mulroney established the Deschênes Commission in 1985, in response to a mounting public outcry over exposures of Nazis and Nazi accomplices who had found a safe haven in Canada and tasked the inquiry with identifying Nazi war criminals residing in Canada.
“Around the same time, the Simon Wiesenthal Center estimated that upwards of 2,000 Nazis and Nazi collaborators emigrated to Canada in the years after the war. A quarter-century later, in 2011, it would give Canada an “F minus” in its annual report ranking countries on their efforts to prosecute war criminals. This placed Canada on a par with Ukraine and the former Baltic republics, i.e. countries where the right-wing, nationalist regimes that have emerged since the Stalinist bureaucracy’s dissolution of the Soviet Union openly venerate the ultranationalists who aligned with the Nazis when they invaded the USSR.
“War criminals in Canada
“A significant number of those who made their way to Canada were members of the Nazi SS’s Galicia Division, which was made up of Ukrainian nationalist volunteers who fought on the side of the Wehrmacht against the Red Army during the Nazis’ war of annihilation against the Soviet Union. This preplanned onslaught—launched in June 1941 when a 3 million-strong force comprised of German troops, their Axis allies and fascist volunteers invaded the Soviet Union—led to the deaths of 27 million Soviet citizens and the Holocaust.
“In waging war, suppressing the population, and pursuing the annihilation of the Jews, across Eastern Europe and above all in the USSR, Hitler’s Wehrmacht and SS shock troops relied on the loyal collaboration of ultraright-wing, anti-Semitic forces. Among the Ukrainian nationalists, in both occupied Poland and the USSR, the Nazis found eager collaborators. The Galicia Division was formed in 1943 out of a faction of the Stepan Bandera-led Organisation of Ukrainian Nationalists Bandera (OUN-B) and fought with the Nazis against the Red Army throughout 1944.
“Massacres perpetrated by the division against Polish and Jewish civilians have been well documented, including at Huta Pieniacka, Podkamien, and Palikrowy. At Podkamien, 100 Polish civilians were massacred in a hilltop monastery, and at least a further 500 in surrounding villages as the Red Army approached the German-occupied area in March 1944.
“Members of the Galicia Division were initially prohibited from entering Canada due to their membership in the SS. But in 1950, Britain made an appeal to the Commonwealth for volunteers to accept a total of 9,000 division members who were at that time residing in the UK after being disarmed by British troops at the war’s end.
“When Canada’s External Affairs Department, prompted by complaints from the Canadian Jewish Congress (CJC), raised concerns about the division’s ties to the Nazis and role in Nazi atrocities, the British government insisted that it had carried out background checks. “While in Italy these men were screened by Soviet and British missions and neither then nor subsequently has any evidence been brought to light which would suggest that any of them fought against the Western Allies or engaged in crimes against humanity,” claimed the British Foreign Office. “‘Their behaviour since they came to this country, added London, ‘has been good and they have never indicated in any way that they are infected with any trace of Nazi ideology.’
“With this letter serving as political cover, Prime Minister Louis St. Laurent and his cabinet declared that Galicia Division members would be permitted to immigrate to Canada unless it could be proved that they had personally committed atrocities against civilian populations based on ‘race, religion or national origins.’ Simply having been a Galicia Division member would not be considered a valid reason to prevent entry, even though after the war all Waffen-SS members had been deemed complicit in war crimes.
“The immigration of Nazi and Nazi-allied war criminals continued for more than a decade after the war and was a significant factor in Canada’s emergence during the Cold War as a political-ideological centre of far-right Ukrainian nationalism.
“Speaking to a CBS “60 Minutes” programme in 1997, Canadian historian Irving Abella, who is currently Professor for Canadian Jewish history at York University, bluntly summed up the political climate of the time. ‘One way of getting into postwar Canada,’ he said ‘was by showing the SS tattoo. This proved that you were an anti-Communist.’
“Ottawa carried out this policy in close collaboration with US authorities, who similarly permitted ex-Nazis to settle in the US and recruited hundreds to act as spies against the Soviet Union and the Soviet-allied regimes in Eastern Europe. According to investigative reporter Eric Lichtblau, up to 1,000 former Nazis were made use of by the CIA in Europe, within the US itself, the Middle East, and in Latin America.
Yet, other historians dispute the notion that Canada became a safe haven for Nazi and Nazi-allied war criminals. In a book titled , written by historian Howard Margolian, and reviewed by Urs Obrist in 2002, Obrist writes the following:
“Even though the debate on the admission of Nazi war criminals to Canada after World War II seemed to have reached its apex in the mid-1980s, with the investigation of the Jules Deschênes Commission and its inquiries on war criminals, the issue has continued to stir historical interest in the 1990s and beyond.[1] This recent publication by Howard Margolian, Unauthorized Entry, revises the widely held view that Canada has been a safe haven for Nazi war criminals. Margolian is a Canadian historian with a special interest in the history of World War II and Nazi-occupied Eastern Europe. As the author of Conduct Unbecoming, he has already shed light on the story of the murder of Canadian POWs in Normandy and the trial and fate of the SS-General Kurt Meyer.[2] In Unauthorized Entry, Margolian challenges and refutes accusations stating that the King and St. Laurent governments had been negligent in the admission of Nazi war criminals and collaborators to Canada.
“His study concludes that neither the immigration bureaucracy, nor the immigration lobby in Canada, nor the western intelligence community were as responsible for the influx of about 2000 war criminals and collaborators as has been generally assumed. Instead, he argues, the blame is to be put on the war criminals and collaborators who gained entry to Canada by forged identities or by giving false information about their wartime history. The great majority of Nazi war criminals and collaborators who settled in Canada after the Second World War were admitted not on purpose, but as a result of the absence of, or inaccessibility to, information about their wartime activities. Margolian summarizes that, in view of the benefit drawn from the immigration of the 1.5 million immigrants arriving in Canada between 1945 and 1955, it was worth taking the risk and admitting some 2000 war criminals to Canada.”
However, in his review of Margolin’s book Obrist notes that the Canadian government made exceptions for three categories of immigrants – who were not denied entry even if they might have had Nazi connections: “German scientists, Estonian refugees from Sweden and former members of the Ukrainian SS-Division ‘Galicia’.”
As for how the Speaker of the House of Commons could have completely overlooked Hunka’s past membership in a Nazi-affiliated unit during WWII, Rota released a statement late Sunday afternoon saying he recognized an individual in the gallery on Friday, and that he has “subsequently become aware of more information which causes me to regret my decision to do so.”
“I wish to make clear that no one, including fellow parliamentarians and the Ukraine delegation, was aware of my intention or of my remarks before I delivered them,” he wrote.
“I particularly want to extend my deepest apologies to Jewish communities in Canada and around the world.”
The statement does not make clear what Rota is apologizing for, and it does not name Hunka or give any details about what information Rota learned about him since Friday.
Features
Ottawa police detective Akiva Geller and the case of the famed purloined Yousef Karsh photograph
By MYRON LOVE It had all the elements of a novel, heist movie or televison episode – a brazen art thief and forger, an iconic work of art, secret storage lockers, DNA and an international trail of crumbs to follow ..and Ottawa police service detective (also a former Winnipegger) Akiva Geller was right in the middle of the action.
The case revolved around the theft from the Fairmont Chateau Laurier Hotel of an iconic photograph of Winston Churchill, taken in 1941, \by the world famous photographer Yousef Karsh. Karsh and his wife, Estrellita, lived at the classy hotel for 18 years. Toward the end of his life, the photographer donated that print – “The Roaring Lion” – along with several others to the hotel. The print, valued at $20,000, was hung in the hotel’s reading room. It was reported stolen – and replaced with a forgery – in the summer of 2022.
Geller joined the Ottawa police force in 2012 following a 14-year career in the Canadian military.
He recalls that he initially considered becoming a pharmacist. He was inspired to change his plans by the yeoman work of the Canadian soldiers who helped stem the tide during the great flood here in 1997.
“That kind of community service resonated with me,’ he says. “I appreciated the hands-on aspect of it all.”
He enlisted the next year.
While serving in the military largely in a series of administrative and teaching capacities, Geller began taking classes at Algonquin College in security management that led to his taking a criminology program – and degree – at Carleton University.
He left the military in 2012 to join the Ottawa police force. He began his policing career as a patrol officer. He was promoted to the investigative branch in 2020.
Now, unlike what we may see on television, being a police detective is not a case of investigating the murder of the week. Geller notes that much of his time is spent looking into suspicious deaths – including overdoses. A high profile case such as the Karsh photo heist comes along once in a lifetime for most police detectives.
This articular story begins, according to Geller, somewhere between late December 2021, and mid-January 2023, when an individual who has since been identified as Jeffrey Wood,walked into the hotel, removed the framed portrait print from the wall, and replaced it with a copy on which Wood had forged Karsh’s signature. At the time, the hotel was largely shut down due to the Covid lockdowns; thus few people were around.
The switch wasn’t discovered, Geller reports, until the following August, when hotel engineer Bruno Lair noticed that the framed print was a little off kilter. When he went to straighten it, he saw that the portrait was hung by a wire – with holes in the wall where screws had held the portrait in place.
“Wood was identified as the seller after we obtained the response to a ‘Mutual Legal Assistance Request’ sent o the United Kingdom,” Geller recalls. “In the response, Sotheby’s London gave us his information, including scanned copies of his passport and IDs.”
The Hotel GM and staff contacted the Yousuf Karsh estate and spoke to the director, Jerry Fielder, who, it was assumed, could verify whether the fraudulent portrait signature was forged, Geller continues. He was sent a picture of the signature and fake portrait, confirmed it was forged and that the portrait was a fake. The hotel reported the theft of the authentic Roaring Lion to Ottawa Police, at which time
Geller began his investigation. Geller goes on to say: “In searching for the authentic portrait I sourced two photos of the authentic portrait on the wall before it was stolen, one from Trip Advisor and the other from Twitter. Both had the portrait signature clearly visible so I could compare them to other signatures I found.
“I came across the Sotheby’s London Auction from May 2022 in which a portrait with a very similar size and signature was sold,” Geller says. “I compared the signature to the ones I sourced from online and determined they were the same. I asked Library and Archives Canada to assist in examining the fake print and also in comparing the signatures. While signature analysis is not in their expertise, they were able to advise that it was highly probable that they were the same. With this I was able to complete a Mutual Legal Assistance Request to the United Kingdom for assistance in obtaining the details of the Sotheby’s Auction. London Metropolitan Police assisted in obtaining the information on the auction and sent it back to me here in Canada. This took almost a year to obtain because of the levels of approvals, editing and paperwork involved.”
Sotheby’s London’s documents identified the seller of the Roaring Lion portrait as well as details about him, communications they had with him and photographs of the portrait before it was obtained by Sotheby’s. Wood was identified as the seller.
“I wrote numerous production orders to all of Wood’s known bank accounts, phone numbers, and credit cards,” Geller recalls. “Once I received the return from his phone company I had to go line by line through his phone bills. There I found a phone call to a storage unit here in Ottawa.”
I wrote a search warrant for the storage locker and a production order for the information on the locker and owner. I executed the search warrant and, in the locker, we found a second fake Churchill print,” he reports. “We also found a toothbrush which we believed would have Wood’s DNA on it. We sent the toothbrush directly to the Centre for Forensic Sciences in Ontario. They compared the DNA from the toothbrush to DNA obtained from inside the fake portrait which was put up in the real one’s place.”
The next piece of the puzzle was to reclaim the portrait to return it to the Chateau Laurier. The drawback here that the buyer of the portrait was an Italian lawyer – one Nicola Castinelli. In Italy, Geller notes, if you buy stolen items in good faith – in other words, if you didn’t know the item was stolen – you have a legal claim to the property, which would mean that you would have to be taken to court to have you relinquish it.
Geller reports that the Italian carabinieri in Rome sent officers to visit the buyer in Genoa and persuaded him to return the portrait in return for what he paid.
Wood was arrested last April. At his hearing on March 14, he pleaded guilty.
Geller reports that, although the maximum sentence is 14 years in prison, the prosecution is requesting of the court a two year sentence while his lawyer is asking for a suspended sentence.
As for the portrait, it was reframed and remounted at the chateau Laurier in the former reading room, which has been converted into a lounge. He adds that the hotel now has a lot more security in place.
“It was a nice reinstallation ceremony,” Geller says.
Mrs. Karsh (who is in her 90s) even wrote a letter to the hotel expressing her appreciation about the portrait being “back home”, he adds.
Features
Sheldon Adelson’s Campaign Against Online Gambling Regulation
Sheldon Adelson, the late billionaire casino magnate and founder of Las Vegas Sands Corporation, was a towering figure in the gambling industry and a polarizing force in the debate over online gambling regulation in the United States.
While many casino operators saw the internet as a new frontier for profit, Adelson waged a relentless campaign to block its legalization, citing moral, social, and business concerns.
His efforts, primarily channeled through the Coalition to Stop Internet Gambling, left a lasting impact on the regulatory landscape.
Let’s explore Adelson’s motivations, strategies, and the role of initiatives like Jackpot Sounds, a platform aggregating big online casino wins, in the broader context of the online gambling debate.
Jackpot Sounds: Celebrating Big Wins Amid the Debate
A 2023 report estimated that online gambling generated $5.7 billion in revenue in the U.S., a figure amplified by spotlighting success stories. It caused the rise of gamblers’ desire to address the big win replays. Platforms like Jackpot Sounds emerged, highlighting and aggregating big win replays as the enticement of online gambling.
The platform showcases real-time highlights of significant payouts, from slot machine jackpots to poker tournament victories, fostering community among online gamblers.
Jackpot Sounds captures the excitement of virtual jackpots, offering players a way to relive thrilling moments.
By curating content that celebrates high-stakes wins, Jackpot Sounds underscores the appeal that Adelson sought to suppress.
But what preceded this success of online gambling in the USA? How is Sheldon Adelson’s name related? While Adelson argued that such accessibility endangered society, Jackpot Sounds reflects the industry’s resilience and the public’s enthusiasm for digital gaming.
The Rise of Sheldon Adelson and His Casino Empire
Born on August 4, 1933, in Boston, Massachusetts, Sheldon Adelson grew up in modest circumstances.
By 12, he sold newspapers, showcasing an entrepreneurial spirit that defined his career. By 1995, Adelson had amassed wealth through ventures like the Comdex trade show, which he sold for $860 million.
He then focused on the casino industry, founding Las Vegas Sands Corporation. By 2019, his net worth was estimated at $35 billion, making him one of the world’s wealthiest individuals. His flagship properties, including The Venetian Las Vegas and Marina Bay Sands in Singapore, solidified his status as a global casino titan.
Adelson’s influence extended beyond business. A major Republican Party donor, he contributed over $90 million to political campaigns in 2012 alone, earning the moniker “kingmaker.”
His financial clout gave him significant leverage in Washington, D.C., which he later wielded in his fight against online gambling.
Adelson’s Stance on Online Gambling
Adelson’s opposition to online gambling emerged publicly in 2013, when he declared his intent to block its legalization in the U.S. Unlike competitors like Caesars Entertainment and MGM Resorts, who embraced online platforms, Adelson argued that internet gambling posed unique risks. In a June 2013 Forbes article, he claimed it could lead to financial ruin for vulnerable individuals, including those with student debt.
He also expressed concerns about underage access and the potential for money laundering, calling online gambling “a danger to society.”
Critics, however, pointed to a potential conflict of interest. Adelson’s brick-and-mortar casinos thrived on in-person gambling, and online platforms threatened to divert revenue.
A 2001 Las Vegas Sun article revealed that Adelson had once supported online poker, suggesting his later opposition might have been strategic. By 2014, he was unequivocal, stating, “I am willing to spend whatever it takes” to stop online gambling.
The Coalition to Stop Internet Gambling
In January 2014, Adelson launched the Coalition to Stop Internet Gambling (CSIG), a lobbying group designed to rally support for a federal ban on online gambling.
Headed by prominent figures like former New York Governor George Pataki, former Arkansas Senator Blanche Lincoln, and former Denver Mayor Wellington Webb, CSIG aimed to influence lawmakers and the public.
The coalition’s website warned that online gambling “crosses the line of responsible gaming” by bringing casinos into “living rooms and smartphones.”
CSIG employed aggressive tactics, including:
- Media Campaigns: In February 2014, CSIG released an ad titled “Don’t Let the Games Begin,” claiming online gambling could fund terrorism and harm families.
- Lobbying Efforts: By 2015, CSIG had enlisted dozens of lobbyists, including former Mississippi Governor Haley Barbour, to push for legislation.
- Political Alliances: Adelson secured support from governors like Rick Scott of Florida, who received $750,000 in campaign contributions from Adelson between 2010 and 2014.
The coalition’s efforts gained traction. In March 2014, 16 state attorneys general co-signed a letter to Congress urging a ban on online gaming. CSIG also influenced the American Gaming Association, which dropped its support for online gambling in 2014 after pressure from Adelson.
Legislative Push: The Restoration of America’s Wire Act
Adelson’s campaign focused on reinstating a broad interpretation of the 1961 Wire Act, which prohibited interstate wagering.
In 2011, the Department of Justice (DOJ) had issued an opinion stating the Wire Act applied only to sports betting, opening the door for states like New Jersey, Delaware, and Nevada to legalize online gambling. Adelson sought to reverse this.
On March 26, 2014, Senator Lindsey Graham and Representative Jason Chaffetz introduced the Restoration of America’s Wire Act (RAWA), a bill backed by Adelson to ban most forms of online gambling.
The legislation gained co-sponsors, including Senators Dianne Feinstein and Marco Rubio, and was reintroduced in February 2015. Adelson met House Speaker John Boehner in January 2015 to push RAWA, leveraging his $13.2 million in donations to Republican causes in 2014.
Despite these efforts, RAWA faced opposition from a coalition of casino operators, poker players, and states’ rights advocates.
By 2016, the bill had stalled in Congress, unable to overcome resistance from figures like New Jersey Governor Chris Christie, who legalized online gambling in his state in 2013.
Adelson’s Influence on the Department of Justice
Adelson’s campaign reached a high point in 2018, when the DOJ revisited its 2011 Wire Act opinion.
On November 2, 2018, the DOJ’s Office of Legal Counsel issued a new memo, released publicly on January 14, 2019, declaring that the Wire Act applied to all forms of online gambling, not just sports betting.
This reversal threatened the legal frameworks in states like New Jersey and Pennsylvania, which had generated $200 million in tax revenue from online gambling by 2017.
The timing raised suspicions. Adelson and his wife, Miriam, donated $113 million to Republican causes in 2016, including $20 million to Donald Trump’s campaign. In January 2017, then-Attorney General Jeff Sessions, who received campaign support from Adelson, expressed shock at the 2011 opinion and vowed to review it.
A February 2017 memo from former CSIG lobbyist Charles Cooper mirrored the DOJ’s 2018 arguments, prompting speculation of Adelson’s influence. In 2019, New Jersey and Pennsylvania attorneys general filed Freedom of Information Act requests seeking evidence of lobbying by CSIG and Adelson.
Resistance and Industry Pushback
Adelson’s efforts faced significant opposition. Caesars, MGM, and the American Gaming Association formed the Coalition for Consumer and Online Protection (C4COP) in February 2014 to counter CSIG’s narrative.
Led by former Representative Mary Bono and former Financial Services Committee Chairman Mike Oxley, C4COP argued that regulation, not prohibition, ensured consumer safety. A January 2014 poll by North Star Opinion Research, commissioned by C4COP, found that 74% of voters favored state-by-state legalization over a federal ban.
The Poker Players Alliance also mobilized, urging members to flood lawmakers’ social media with pro-gambling messages.
By 2015, states like Nevada, New Jersey, and Delaware had generated $2 billion in online gambling revenue, bolstering arguments for regulation. Critics like Jan Jones Blackhurst of Caesars called Adelson’s approach “counterproductive,” accusing him of fostering an unregulated black market.
Adelson’s Legacy and Ongoing Impact
Sheldon Adelson passed away on January 11, 2021, at the age of 87, but his campaign against online gambling left a complex legacy. While RAWA never passed, the 2018 DOJ memo slowed the expansion of online gambling, creating uncertainty for operators.
By 2023, only seven states had fully legalized online casino gaming, compared to 38 for sports betting, partly due to Adelson’s influence.
However, the industry continued to grow. A 2024 report projected U.S. online gambling revenue to reach $7.6 billion by 2026.
Adelson’s moral arguments resonated with some lawmakers, but critics viewed his campaign as defending his land-based empire. As Mary Bono noted in 2014, “It’s impossible to stand in the way of the internet.”
Conclusion
Sheldon Adelson’s battle against online gambling, spearheaded by the Coalition to Stop Internet Gambling, was a high-stakes effort to shape the industry’s future. From launching CSIG in 2014 to influencing the DOJ in 2018, Adelson used his wealth and political connections to advocate for a federal ban.
Yet, platforms like Jackpot Sounds highlight the enduring appeal of online gambling, celebrating wins that Adelson sought to curtail. While he delayed regulation in some areas, the momentum for legalization persisted, reflecting the challenges of containing a digital revolution.
Adelson’s story is a testament to the power—and limits—of influence in a rapidly changing world.
Features
How To Earn Money with Cryptocurrency From Home
If you’re looking for new ways to make money from home, there’s a modern way to do it. Cryptocurrency has opened up new opportunities for making money online. With the right approach, you can generate income without leaving your house. Whether you want to invest, trade, or earn through other methods, there are various ways to profit from digital currencies. For instance, Canadian poker players take advantage of crypto-friendly platforms to play from home and cash out in Bitcoin or other digital currencies. These platforms provide customers various benefits and attractions that make online gambling a great way to earn money from home, while also having fun.
Understanding Cryptocurrency
Before diving into ways to make money, it is important to understand what cryptocurrency is. It is a digital form of money that operates on blockchain technology.
Unlike traditional currencies, it is decentralized and not controlled by any government or central bank. The most well-known cryptocurrency is Bitcoin, but there are thousands of others, including Ethereum, Litecoin, and Solana, and even plenty of meme coins to choose from.
Trading Cryptocurrency
One of the most popular ways to earn money with cryptocurrency is through trading. This involves buying and selling digital coins to take advantage of price changes.
Day Trading
Day trading is for those who want to make quick profits by buying and selling cryptocurrencies within the same day. It requires monitoring price charts and market trends. Since prices can be volatile, traders must act quickly to capitalize on short-term price movements.
Swing Trading
Unlike day trading, swing trading focuses on medium-term price trends. Traders hold onto their assets for days or even weeks, waiting for a better price before selling. This method requires patience and a good understanding of market trends.
Holding
HODLing is a long-term investment strategy. Investors buy cryptocurrencies and keep them for an extended period, expecting the value to rise over time. This method is ideal for those who believe in the long-term potential of digital currencies and prefer a hands-off approach.
Earning Through Staking
Staking allows cryptocurrency holders to earn passive income by participating in the network of a blockchain. By holding certain cryptocurrencies in digital wallets, users help validate transactions and secure the network. In return, they receive rewards in the form of additional coins. Some popular staking coins include Ethereum, Cardano, and Polkadot.
Mining Cryptocurrency
Mining is another way to generate income from home. It involves using computer power to validate transactions and add new blocks to the blockchain. Miners are rewarded with cryptocurrency for their efforts.
While Bitcoin mining requires expensive equipment and high electricity costs, other cryptocurrencies like Litecoin and Monero can still be mined using regular computers. Some mining pools allow individuals to combine their computing power with others to increase their chances of earning rewards.
Earning Through Airdrops and Forks
Airdrops occur when cryptocurrency projects distribute free tokens to wallet holders as part of a promotion. These giveaways help new projects attract attention. To receive airdrops, users often need to hold a specific cryptocurrency or complete simple tasks like signing up for a newsletter or following a project on social media.
Forks happen when a blockchain splits into two. If you hold a cryptocurrency that undergoes a fork, you may receive new coins based on the amount you already own. This provides an opportunity to make money without additional investment.
Participating in Play-to-Earn Games
The rise of blockchain gaming has created new opportunities for earning cryptocurrency from home, while also having a little fun. Some online games reward players with digital assets for completing tasks, winning battles, or progressing through levels. These assets can be sold or traded for real money.
Many play-to-earn games operate using NFTs, which allow players to own and trade in-game items. Popular games in this space include Axie Infinity, The Sandbox, and Gods Unchained.
Creating and Selling NFTs
Non-fungible tokens have created new earning possibilities for digital artists, musicians, and content creators. NFTs are unique digital assets stored on the blockchain, representing ownership of artwork, music, videos, and virtual collectibles.
Artists can create NFTs and sell them on marketplaces making them a great way to raise your income from home. Some NFTs have sold for thousands or even millions of dollars, making this a profitable option for those with creative skills.
Earning Crypto Through Affiliate Programs
Affiliate programs allow individuals to earn cryptocurrency by promoting products and services. Many crypto exchanges, wallets, and investment platforms offer referral programs where users receive rewards for bringing in new customers.
By sharing referral links on social media, blogs, or YouTube channels, users can generate a steady income stream. The more people who sign up using their link, the more they earn.
Crypto Lending and Yield Farming
Crypto lending allows investors to earn interest by lending their digital assets to others, of course, you will need to have a crypto to lend in the first place to make money through this method.
Yield farming is another way to earn passive income. It involves providing liquidity to decentralized finance platforms and earning rewards in return. This method can be profitable but carries risks, including market fluctuations and smart contract vulnerabilities.
Freelancing for Crypto Payments
Many online platforms and businesses pay freelancers in cryptocurrency for their work. Writers, developers, graphic designers, and marketers can find gigs that offer digital currency as payment.
There are plenty of websites out there that can help connect freelancers with clients who prefer paying in Bitcoin or other cryptocurrencies.
By offering services in exchange for cryptocurrency, freelancers can avoid traditional banking fees and receive payments faster.