How To Earn Free Crypto
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Cryptocurrencies have been climbing up the popularity charts since their emergence. Especially after the rapid increase in inflation, professional traders believe that owning a digital asset like crypto has become necessary now.
However, that isn’t the sole reason behind the fluctuations in the crypto world, as global industries have also started to integrate crypto into their operations, making it more functional. As crypto has proved to be better in comparison to traditional ventures like gold and stocks, purchasing it has become a lot more expensive and challenging now.
So, what if we were to tell you that earning free crypto has become quite possible now? Yes, you read that right! Now, are you curious about how to earn crypto for free?
Without further ado, let’s get to it!
7 Ways to Earn Free Crypto In 2022
Listed below are some surefire ways to earn crypto free without spending anything.
1. Learn and Earn
Completing educational courses is one of the best ways to earn free crypto. It might seem too good to be true, but it’s actually offered by an array of platforms.
However, you should know that completing such courses or watching educational videos will get you small crypto rewards. So, don’t go on thinking that you’ll stash up a lot of crypto with this method.
Coinbase – one of the best crypto exchanges – is also one of the popular platforms that offer this service. With the help of Coinbase Earn, you will be rewarded for completing quizzes and watching educational videos, and each of these will have varying payouts.
2. Sign Up With An Exchange
There are a lot of crypto exchanges out there that will give you some crypto in your wallet if you sign up as their client. Therefore, filtering out the best available option would be a wise choice. Though, it would be worth it if you take the time to earn them all. This is perhaps one of the safest options if you wish to earn crypto free.
To make your life easier, listed below are the top exchanges that serve as great places to earn free crypto. Keep a tab on them as they offer promotions and time-sensitive bonuses from time to time.
3. Free NFTs
NFT, or non-fungible token happens to be a kind of artwork and serves to be a digital asset. In recent times, it has become trendy, and even though it isn’t crypto, it can be traded for crypto.
That said, now, you must be wondering how you can get free NFTs. So, if you’re on the hunt for NFTs, there are several promising avenues at your aid. You might not know this, but many crypto projects offer NFTs as a type of invite bonus to their top supporters.
Another great option is to search Twitter for NFT giveaways regularly. To participate in such giveaways, you might be required to retweet and promote the project. This simple retweet can get you a chance to win an NFT for free.
However, it is essential to know that NFT giveaways may create some tax issues too.
4. Begin Crypto Staking
Crypto staking can be defined as the process of locking up your coins for the validation of new blocks on specific blockchain networks. This is similar to the method of proof-of-work and proof-of-stake blockchains. In addition to aiding the validation process, participants who stake their coins are rewarded with free crypto.
This can serve to be a continual source of income, making it advantageous for those individuals who buy and hold crypto for the long term.
AQRU is one of the top crypto staking platforms to consider as it offers a way to generate tremendous rewards. These rewards stand at 7% per year for Bitcoin and Ethereum deposits and 12% per year for DAI, USDC, and USDT deposits.
Plus, neither is there any fee involved in making the deposits, nor is there any ongoing fee during the interest generation process.
5. Participate In An Airdrop
An AirDrop is a type of giveaway done by cryptocurrency developers to hype it up and introduce it to the market. AirDrop tends to generate more excitement and interest in the market regarding that particular coin, fulfilling the primary goal of creating hype.
However, it is important to know that you might have to do certain things to increase the potential of getting your hands on new coins. This includes tracking different crypto projects on social media or Discord.
6. Credit Card Rewards
If you’re thinking about how to earn free crypto during your day-to-day activities, then perhaps using a crypto credit card might be your way forward. Since they offer cashback rewards for making purchases, crypto credit cards tend to have a similar structure as compared to regular credit cards. The only difference, however, is that the rewards are in digital currency as opposed to fiat.
Due to the increased adoption of crypto, the number of providers that offer crypto credit cards has increased too. Crypto.com and eToro are some of the best altcoin exchanges that offer dedicated card services and allow you to use your crypto holdings to pay for goods and services.
In case you’re wondering, it’s not necessary for the end merchant to accept crypto if you wish to use these cards. The provider will handle the exchange process, making the merchant receive the proceeds in fiat and, therefore, making it a win-win for all.
7. Taking Surveys
Filling out surveys online does sound like an old internet game, but this time it’s here with a slight twist. This time, instead of cash, you’re going to get crypto for filling the surveys.
Freecash serves to be one of the entrants that offer not only surveys but also games and some other paid offers every day. Even though you receive your payouts in crypto, you have the option to take them as dollars or even as gift cards.
Steer Clear of The Scams
Undoubtedly, the world of digital currencies is rife with scams, and as a matter of fact, the situation can get even during free giveaways. After all, scammers do love to prey on those looking for free giveaways.
That said, it is essential for you to stay on a constant lookout for scams when you’re on a hunt for free crypto. Keep in mind that airdrops happen to be one of the most common crypto scams. Other than that, never share the private keys or login credentials to your crypto wallet.
All in all, earning cryptocurrency for free isn’t like getting blood from a stone. We hope that our article explains the different options to earn free crypto and you will be successful in working your way through these options efficiently.