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Are you an avid gamer looking for ways to make money online? If so, you may be surprised to hear that you can learn how to make money on Steam.
With advancing technology, you can make money doing almost anything these days. And it is very fulfilling to learn how to make money from your passions.
This comprehensive article will show you how to make money on Steam, tips on how to earn money on their platform and answer some related questions.
These methods most likely won’t replace your full-time income, however, they are great ways to put some extra money into your pocket each month.
How to Make Money on Steam
There are two proven ways to make money on Steam.
One method is to buy or trade cheap items and then sell them for a higher price through the Steam Market. The second option is to develop your own game to sell through Steam Direct.
Let’s take a look at each method further.
1. Save and Sell Trading Cards
You can play games on Steam for money by saving and selling trading cards.
Many games in the Steam Marketplace give you trading cards that are worth a few cents each and sometimes up to a few dollars.
Although these cards do not have a high value, you can typically earn multiple cards per game. And if you are an avid gamer, these trading cards can add up fast.
There is no way to tell exactly when you will receive trading cards for playing, but there are a few rules you can follow:
- Typically, you will earn your first trading card after playing a game for 15 minutes.
- Then you will receive a second card after two hours of gameplay.
- To earn more cards, try using a site like Steam Idle Master.
When you go to sell a card, you will be given a chart that shows the card’s worth and what it has sold for in the past. Some cards are more valuable than others and you can sell cards for a lot higher price depending on how new the game is.
Keep in mind that Steam will charge a small transaction fee when the card reaches a certain price. The money you earn selling items through the Marketplace gets deposited into your Steam Wallet which does not let you “cash-out” for real money.
Therefore selling these items will only help you earn money to use for game purchases or to buy other items if you choose.
2. Save and Sell Crates
Another method to make money on Steam is to save and sell cosmetic crates.
You can earn cosmetic crates by playing games or by purchasing them with in-game currency. In some cases, these crates can be worth a lot of money. However, they can also be difficult to find.
Some of the best Steam games for selling items are:
- Playerunknown’s Battlegrounds (PUBG)
- Counter-Strike: Global Offensive
- Payday 2
- Team Fortress 2
These games are also known for dropping skins and other valuable items that can be sold as well. Cosmetic crates and other items can be sold for a few cents up to a few dollars each.
Some are even more valuable.
The key is to play these games regularly so you can obtain more items to sell.
3. Hold on to Pre-Released Items
Another way to make money on Steam is by pre-ordering games and holding on to pre-released items.
When a game is open to pre-order, sometimes you will have an opportunity to receive early access crates and other items.
If you hold onto these items, you can sell them through the Steam Market and potentially make a lot of money.
Once the game is released, some items can be worth hundreds, and sometimes thousands, of dollars. As tempting as it is to sell those items right away, hold on to them to maximize your earnings.
4. Create and Sell a Video Game
If you are looking for ways on how to make money on Steam, one of the best options is to create and sell your own video game.
This is going to be the most reliable and profitable way to earn a solid income on the platform.
Creating a video game can be a difficult task, but if you have some money to invest upfront, you can hire developers, coders, and designers to help make your game idea a reality.
There are a few other downsides to keep in mind when selling your game through Steam Direct:
- Steam charges a $100 fee to add a game to their platform
- To meet Steam’s strict regulations, your game will need to be relevant and user-friendly
- Steam takes 30% of the total sales revenue you generate from your game
There are also some benefits to listing your game through Steam Direct as well:
- You can sell your game through a well-known platform with millions of users
- Steam handles the support of the sale along with all customer service issues
- After you earn $1,000 in profits, you will be refunded your initial $100 fee
Although there are both pros and cons to listing your game on Steam, this can overall be a great way to earn a lot of money if you have the right resources to get started.
5. Become a Game Designer or Coder
If creating and selling your own video game sounds like a difficult task, consider becoming a freelance designer or coder.
Some independent game developers will hire freelance designers or coders to help them create their own game to sell on Steam Direct. This is a great way to make money indirectly on Steam by working for developers who pay you to help them create their own games.
To get started, try searching through Steam forums for developers looking to hire coders and designers. Or you can post your services through freelancing websites such as Fiverr or Upwork.
Tips for How to Make Money on Steam
Although making money on Steam is fairly straight-forward, there are a few tips and tricks to help maximize your earnings.
Don’t be Tempted to Buy and Open Crates
It can be extremely tempting to buy and open crates with the Steam money you have earned to potentially find a rare item.
But keep in mind that finding rare and high-value items is very difficult and highly unlikely.
Doing this is very risky.
Some items even have a 0.01% chance of appearing in a crate. That means you would have to spend a lot more money to find rare items than you would if you just bought them yourself.
If you are looking to splurge on a particular item, consider buying the item with your own money directly from the marketplace. Then you won’t be gambling your time and money away.
Another key tip on how to make money on Steam is to simply stay consistent.
The more you play and the better you get, the more money you will be able to earn. The key is to save, trade, and sell your trading cards and crates often.
Finally, the last tip to making money on steam is to be patient.
Just like with making money in other ways, it takes time to start seeing profits. If you can play often and stay patient, you will start to earn money on Steam in no time.
You will need to learn what works and what doesn’t. After a while, you will be able to tell which items are more valuable than others.
If you don’t start seeing profits right away, remember to be patient.
How to Earn Free Steam Codes
Free Steam codes or gift cards are practically free money to play games with.
There are many apps available that allow you to earn free Steam codes. You can earn these codes by completing tasks like shopping, answering surveys, watching videos, joining paid online focus groups, and more.
Once you earn your Steam codes, they will be deposited into your Steam wallet for you to use when you want to purchase a game.
Here are a few ways on how to earn free Steam codes.
Rakuten is a large cashback app that pays you to shop at your favorite stores. With over 2,500 stores to choose from, you can earn cashback almost anywhere, including the Steam Marketplace.
So when you buy a game or make a purchase through the Steam Marketplace, you will earn money.
You will also receive a $10 signup bonus when you sign up.
Ibotta is another cash back app that allows you to earn cashback by scanning your shopping receipts.
You can earn cashback for shopping online or in stores. Once you have $20 in your account, you can cash out and buy some Steam credits.
When you sign up for Ibotta, you will receive a $10 bonus after you scan your first receipt.
PrizeRebel is a site where you can get paid to take surveys and voice your opinion.
When you are ready to cash out, they have over 500 gift card options to choose from, including Steam wallet codes. These codes can then be used to purchase items through the Steam Marketplace.
You can also choose to receive cash instead and use it however you would like.
GrabPoints is another app you can use to earn Steam codes by completing tasks. You can earn points for watching videos, taking surveys, downloading apps, and more.
You can choose to be paid in gift cards or PayPal. Then you can use these funds to buy Steam credits to use in the Steam Marketplace.
InboxDollars is a survey site that lets you earn money by completing simple tasks.
You earn money by answering surveys, shopping, watching videos, and play video games on the app.
After $30 is in your account, you can cash out and use the money for Steam codes.
You will even receive a $5 sign-up bonus when you create an account.
You can earn by shopping, watching videos, taking surveys, searching the web, and playing games.
Although Swagbucks pays in gift cards or cash, you can easily cash out and use the money to fill up your Steam wallet. Or you can exchange your funds for an Amazon gift card to then purchase Steam codes.
You will receive a $10 bonus that you can cash out immediately when you sign up.
The Bottom Line on How to Make Money on Steam
If you are looking to earn some side money or play games for free, Steam is a great option. You won’t become rich overnight, but as you can see, there are some simple ways to earn money fast.
Hopefully, this comprehensive guide gives you enough confidence to be successful in making money on Steam.
What is Steam?
Steam is one of the largest online platforms for creating, playing, and developing games.
The website allows you to purchase and access games instantly with over 30,000 games to choose from. They also have a large community of people who play regularly which allows you to meet other gamers, join groups, engage in in-game chat, and more.
Steam has a large platform that allows game developers and publishers to create and list their own games through their website. This lets them reach a large audience of different gamers that will potentially buy their game.
So if you are looking to develop your own game, Steam is the place to sell it.
How does Steam work?
Steam is a large gaming library that is hosted in the cloud. This means that you can access and store all of your games without using a ton of computer memory.
Once you download your games through Steam, you will be able to access them from any device (including mobile devices) with your Steam account.
How do I get money on Steam?
The two main ways to make money on steam are:
- Buy, trade, and sell items such as crates or trading cards
- Develop your own game to sell on the platform
How much you make depends on how much you play and if you stay consistent. It also depends on if you have the ability to create and sell your own game through Steam Direct.
How do I earn money on Steam for free?
If you are searching how to earn money on Steam for free without spending any money at all, your options are limited.
You can earn money for free on Steam by playing games that you typically play like PUBG or Counter-Strike: Global Offensive to earn free trading cards and cosmetic crates. Then you can sell these items through the Steam Marketplace.
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I’m Swati, a mom, a personal finance enthusiast, and the owner of TheBlissfulBudget. My work has been featured in major publications including Fox 10, Credit Cards, Cheapism, How to Fire, Databox & Referral Rock.
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