In recent years, crypto has become mainstream; everyone wants a piece of it. Bitcoin and Ethereum, however, are prohibitively expensive for many people. It’s not too late if you’re in this situation – there are many ways to earn free cryptocurrency!
As industries worldwide begin integrating digital currencies into their operations, the rate of crypto adoption is accelerating rapidly. Cryptocurrencies are becoming more valuable, with many platforms offering ways to receive them without spending money. This article will teach you everything you need to know about earning free cryptocurrencies.
To help you earn free crypto, we cover some of the best avenues you can explore before reviewing 17 methods you should consider if you want to earn crypto right away.
- Learn-to-earn platforms
- yield farming
- Buying
- Mining
- Staking
- Trading
- Freelancing
- Crypto-rewards credit cards
- Crypto airdrops
- Microtasks
- Incentivized social media
- Making your cryptocurrency
- Bounty campaigns
- Crypto interest accounts
- Selling products for crypto
- Refer and earn crypto programs
- Play-to-earn crypto games
- Get paid in crypto to learn
- Earn Free Crypto FAQ
It’s hard to argue about the value of cryptocurrencies, but earning free crypto is much more enjoyable.
1. Learn-to-earn platforms
The play-to-earn crypto idea extends beyond online games to exchanges and apps that now reward users for learning about crypto concepts, tokens, or other topics. The learn-to-earn model rewards participants with some kind of token for just learning about a subject. If the topic is crypto-related, usually, the reward is related to the token you just explored.
Both the learning platform and cryptocurrency creator are motivated by different factors. Specifically, the learning platform is motivated by attracting users to their platform, usually to impress investors by showing higher daily active users. Plus, learn-to-earn users are more likely to spend time on the platform. So, rewarding users with crypto help the platform retain active users.
Pro tip. Investing in crypto is not required in the learn-to-earn model. However, the tokens you earn vary from platform to platform. Before joining to earn, ensure the token is something you are interested in.
Continuum is the world’s first learn-to-earn platform focused on creatives and short-form content. You can download our app and start earning as you learn.
2. DeFi yield farming
Like interest at a bank, your idle crypto tokens can earn interest through DeFi yield farming. The tokens will be sent to a liquidity pool consisting of ETH/USDT or BNB/BUSD. You will receive a share of the pool’s trading fees in return.
Crypto platform Coinbase offers DeFi Yield, which lets Coinbase customers earn a yield on their crypto by lending it to third-party DeFi protocols.
Pro tip: While there is no way to tell how much your DeFi Yield rate will be, historically, yield rates have ranged anywhere from 2%-10%. Typical fiat savings account rates are usually less than 2% APY.
3. Buy & HODL
A crypto enthusiast’s mantra is HODL, which stands for “hold on for dear life,” meaning that you should invest in cryptocurrencies long-term. This is generally sound advice as, according to GameKyuubi, novice traders rarely succeed in timing the market and should hang on for the long term.
Pro tip: This strategy does not apply to “shitcoins” (coins with little to no value) like $DOGE or $SHIB.
4. Mining
A crypto enthusiast’s mantra is HODL, which stands for “hold on for dear life,” meaning that you should invest in cryptocurrencies long-term. This is generally sound advice as, according to GameKyuubi, novice traders rarely succeed in timing the market and should hang on for the long term.
Pro tip: This strategy does not apply to “shitcoins” (coins with little to no value) like $DOGE or $SHIB.
5. Staking
Staking, like so many things in crypto, can be simple or complicated, depending on how much you want to understand. Many long-term cryptocurrency holders use staking to generate rewards rather than leave their assets sitting around.
Pro tip: Instead of investing in costly equipment, consider using an exchange like Coinbase to invest in a staking pool.
6. Trading
Investing in cryptocurrency may be a good idea if you realize it is a high-risk gamble that may pay off. It is also possible that you will lose all your money. Observe what sophisticated investors buy. Often long-term investors such as pension funds and universities invest in bitcoin.
Pro tip: Before investing, learn how cryptocurrency works and how to stay safe. Never invest more than you can afford to lose.
7. Freelancing
If you’re currently a freelancer or are considering working for yourself shortly, think about whether you will accept cryptocurrency as a form of payment. By getting a web3 job sooner rather than later, you’ll be ahead of the curve regarding knowledge and capabilities.
Pro tip: Freelancing on the side and accepting crypto payments can be seriously rewarding if the cryptocurrency takes off!
8. Crypto-rewards credit cards
As digital currencies continue to gain value at the rapid rate they are today, crypto-rewards credit cards are another tool appearing in the field that looks pretty attractive. A crypto-rewards credit card can be a great addition to enthusiasts’ wallets and helps grow digital assets.
Pro tip: Credit and debit cards with crypto-rewards have no more risk than traditional credit cards. These cards can help you build your crypto portfolio on autopilot.
9. Crypto airdrops
An airdrop is a free token from a crypto project or startup. Specific airdrop projects will send you free tokens when you have a sufficient amount of cryptocurrency in your wallet. You need to maintain a balance if you want to do this.
Pro tip: Check sites like CoinMarketCap, Airdrops.io, Airdrop Alert, and AirdropKing.io regularly for free airdrops.
10. Microtasks
The microtask is typically a small, simple task that anyone can do online for a small fee. Microtasks are rewarded through micropayments, making cryptocurrencies a popular payment method. This is because cryptocurrencies are typically low-cost, high-speed, and fractional transactions.
Pro tip: Download the mobile app StormX to get started earning crypto with microtasks, like shopping online.
11. Incentivized social media
Networks that pay their users for contributing and curating content are called incentivized social media. Among cryptocurrency-paying social networks, Steemit is the most popular. Other platforms, like Yours, use bitcoin cash to pay users.
Pro tip: The most popular posts of the day on these platforms earn ~$250, and they cover a wide range of topics (not just crypto).
12. Making your cryptocurrency
Cryptocurrency making is an excellent initiative since it can help many users earn money. A significant benefit of creating a new cryptocurrency is that the more it is used and traded, the more residual profits the creator can gain.
Pro tip: Instead of coins, use tokens when creating your own cryptocurrency, as they are easy to make and use other cryptocurrencies’ blockchains.
13. Bounty campaigns
Online gaming is the origin of bounty campaigns. Developers who assist in creating a game are often rewarded with “bounties.” Bounty campaigns are reward programs companies offer to encourage employees or fans to work on a project.
The most common types of bounty campaigns in cryptocurrency are bug bounties and social media bounties. It’s both a way to help out a project and earn cryptocurrency.
Pro tip: Participating in bug bounties can be very lucrative if you understand code and crypto foundations well. Social media bounties are only rewarding if you have a large following.
14. Crypto interest account
Participating in reward systems offered by the most popular crypto lending platforms is a quick way to earn free crypto. There is currently a single-digit return on crypto deposits in most crypto interest accounts. You can also engage in crypto staking if you wish to take higher risks.
Pro tip: Remember that complex reward schemes can negatively affect your crypto assets’ liquidity and annual return
15. Selling products for crypto
Users can browse luxury goods and services such as properties, watches, exotic cars, and even domain names on online crypto sales marketplaces like Crypto Exchange and Open Bazaar. A good marketplace should offer security features, low fees, simple operation, and a quick setup.
Pro tip: Use a reputable service with escrow features for large transactions.
16. Refer and earns crypto program
Affiliate marketing and referral programs have become increasingly popular in recent years. Are you aware that there are also cryptocurrency referral programs? This is a way to make passive income from crypto. Many crypto platforms offer referral programs, including Binance, Coinbase, Crypto.com, Kraken, Paxful, BlockFi, Gemini, and many more.
Pro tip: Check out the website CryptoCodes for all the best cryptocurrency referral and rewards programs in the same place.
17. Play-to-earn crypto games
Play-to-earn crypto games have been prevalent in the past few years for many reasons. What can beat earning crypto rewards like tokens and NFTs while playing a fun game? Some of the best play-to-earn crypto games include Battle Infinity, Lucky Block, DeFi Coin, Decentraland, Sandbox, and hundreds of others to choose from.
Pro tip: Choose a type of game that you already love to play, and you’ll be earning in no time.
Get paid in crypto to learn
The decline of traditional investments has made free crypto an attractive investment option. However, investing directly in crypto markets or mining for coins may not be an option if you don’t have the extra cash.
Learners, gamers, and professionals can earn free crypto in various ways. As more people start to use cryptocurrency, many reward programs will become less incentivized (or even disappear altogether). This is a great opportunity that you don’t want to miss!
For crypto learners specifically, download the Continuum app today and start earning crypto while learning.
