How To Make Money On Steam | 10 Legit Ways

Do you know you can make quick money on Steam by designing and playing games? Now you do. The next question is, how can I make money on Steam?

It’s about time to make cool cash while having fun! The table of contents below reveals the guidelines for making money on Steam 2023. 

Table of contents

What Is Steam?

Steam is a digital distribution platform for video games. Roughly 18 percent of computer games are purchased through this – resulting in about 150 million enrolled users and $4.3 billion in revenue from sold games. 

The idea of Steam surfaced in 2003 when Valve, the company that created the platform, was looking for ways to send real-time online updates to its Counter-Strike game while stopping the emergence of cheaters.

They also wanted to attach some fantastic services to their game accounts besides just online playing. 

Hence, the platform not only offers an opportunity to make money for game players, but even game designers, developers, and coders can also earn from Steam.

Over 18% of all PC game purchases are made through Steam, which has sold more than $4.3 billion in games.

Therefore, if you wish to earn something extra when playing games or developing them, Steam is the place. But how?

How To Make Money on Steam 2023

There are two ways of making money on Steam. The first is trading items on the Steam Market, and the second is developing a game and auctioning it through Steam Direct.

So, if you are a game player, a developer, a coder, or a designer wondering how you can make money online, here is a list just for you on how to make money on Steam.

#10 Getting items

You can make money on Steam by getting hold of some valuable items players like to get their hands on. You can get items through the following ways;

By playing games – you can play games and collect dropped items and trading cards. For instance, in Dota 2, regular item drops provide a stream of items. You might also have to wait a little longer to get the rare drops unless luck is on your side.

By monitoring the marketplace – You need to observe the marketplace to see when an item’s price drops. This frequently occurs when increased drops occur because of larger players.

By trading – You can also earn cash through trading. For instance, if you’ve hit the jackpot and found a priceless item in Dota 2, then you receive an offer from someone who wishes to pay ten keys for it. It will be wise to double-check the market values on both sides before choosing whether to seal the deal.

#9 Sell For a higher price at the right time

You can trade cards for a high price. Buyers who cherish the item or card will always have unfiltered joy the moment they get hold of it and will pay as much as a hundred dollars for a trading card like a foil card.

So, you need to monitor the market to see what’s going on in terms of cards that are in high demand, then you put up the cards you have for sale.

Here’s the trick; first, cards sell for a lot more than cards the following day, especially when a game has just launched its trading card. Moreso, cards that are not available be more valuable.

#8 Save your trading card

This sounds like ‘hoarding’ right? But, whatever. The idea behind saving your trading card is to convert it later.

This might be challenging, but trust me, those stream trading card rewards you get from games are worth a couple of dollars.

There is no real pattern that you can master to make sure you can get valuable game cards.

However, some guidelines help out in the long run. Knowing those guidelines will save you a lot.

The best way to get and save cards is to not think about it. Enjoy your game without fixing your mind on the game cards. You might be shocked to see how many game cards you’ve accumulated in the long run.

Ideally, you get your first trading card after the first 15 minutes of gameplay, and the second one will arrive soon, too, after 2 hours, to be exact!

#7 Grab pre-release items

Often game developers drop exclusive pre-orders. Once you get the hint, try to utilize them as much as possible. Ensure that the items on pre-release are marketable.

One nice example is the ‘Playerunknown cosmetic set’ given to all players who pre-ordered PUBG. The game cost just $30, and the set came with it for free at the time.

Presently, the cosmetic set sells for $1,400 on Steam.

#6 Make Use of Steam Market

The steam market allows game players to trade items earned while playing games. Items like trading cards and in-game items, are always in great need. All you need to do is conduct a survey and close the deal with the right buyer.

The money you earn when selling your items goes directly to your Steam Wallet.

#5 Distribution of original games on Steam Direct

You can make cool cash on Steam by distributing original games on Stream Direct. This allows you to get paid depending on the revenue generated from game sales; this includes in-game purchases.

Unlike auctioning items in the Steam market, the games on Steam Direct distribution require a bit of investment.

  • Firstly, you will have to input your time and energy to develop the game before you can earn.
  •  Secondly, you will have to pay about $100 to get your game added to Steam.

This entails that you have to develop a game on Steam Direct and then pay to add it to Steam Direct. Unlike Steam Market, Steam Direct guarantees you a greater return on investment, and you can withdraw into your account, not just Steam Wallet.

If you make great and engaging games, there is tremendous potential for you to make money online with Steam.

#4 Game designing and coding

If you are good at game designing and coding, you might be of great help to game developers in need of your skills in order to help them develop games they sell on Stream Direct. Therefore, if you are a freelance developer or coder, you can liaise with other game developers to cook up nice games for the Direct market.

To avail yourself of such an opportunity, you need to network in Steam forums, where you may find gamers ready to pay you good cash to create original artwork for them.

#3 Selling summer getaway cards

Summer Getaway Cards is a unique and expensive trading card offered during the summer sale. You may obtain these in three ways: 

  • Every time you spend $10 in a Steam sale, you can win a group of cards. 
  •  There is also a POSSIBILITY to get this card through crafting a badge (destroying nine cards). 
  •  You get one card for every three times you cast your vote in the Community Choice deal. Drop your vote in Steam once every eight hours to grab free cards. 

#2 Look out for item drops in your favorite games

Some games drop something different from exchanging cards. To see which games drop important things, visit the Steam market and click on the “browse by game” section on the right side of the stream program to see options.

You’d be surprised at how many items are available on this market.

A fascinating example would be the things in Golf With Your Friends.

A game that costs just $6 will drop things that can offer up to $8. You must be fortunate to get these things, yet they drop routinely while playing the game.

#1 Utilize Apps That Give Free Steam Codes

Various apps and websites will give you points when performing certain activities.

When you gather enough of these points, you can redeem them as Steam Codes if you want to avoid withdrawing them as cash.

Here’s a list of gift card apps that you can join to earn Steam Cash for free:

How Can I Sell Items On Steam Market?

By playing games on Steam, you receive trading cards and items, which you can save and trade later on the Steam Market.

In every game you play, you normally receive three cards. The cards differ in value, with some valued at only a few cents while others are worth more than a few dollars.

Earning these cards is automated and depends on how much time you spend playing the game. The first card comes after only 15 minutes of gameplay, while the second comes after you’ve played for two hours.

Once you gather enough items, you can place them in the Steam Market for sale. The sales are automatic when a user opts to purchase your items.

The returns from your sales of items and trading cards are then credited to your Steam Wallet. The returns cannot be withdrawn from the Steam Wallet; however, they can be used to buy games and other items from the Steam Market.

FAQs

How much money can you make on Steam?

 The top 1% of Steam games make more than $25,000,000 per game on Steam alone.

Do free games on Steam make money?

Sometimes free games have trading cards on Steam, and the developer makes money whenever a trading trade is sold or traded.

Can I make a game and sell it on Steam? 

You can only sell a game on Steam if you’re the official owner or developer. You can’t sell a game you bought from Valve – Steam’s parent company – or third parties.

How much does it cost to put a game on Steam?

 Steam charges a fee of $100 for each game you submit on Steam Direct.

Conclusion

With Steam, your game experience, whether as a player, a developer, a coder, or a designer, won’t just be all about the fun; there’ll be some cool cash to take out of each game if you digest our ways of making money on Steam. It’s about time to get rewarded for passion!

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