Simple Way to Make Crypto Out of Thin Air
As a general rule, people and institutions don’t pass along their Bitcoin or Ethereum for nothing. This is why mining and staking are so popular, as crypto fans seek to create some, or more, of their favorite coins and tokens.
However, for mining or staking one needs resources and money. In this review, it won’t do us any good. We have a temptation to a free ride. So, to start earning more crypto we need to find at least some crypto. And there are opportunities to grab some cost-free digital currency — it’s just a matter of finding the right rock to look under. Here are a few ways to nab some free cryptocurrency:
Wealthy and knowledgeable
In that spirit, from time to time popular crypto exchange operator Coinbase offers opportunities to get free cryptocurrency for learning about certain tokens and coins. I took advantage of these myself since opening a Coinbase account last year. The learning takes the form of watching a series of short (two-minute or so) explanatory videos, some of which require correct answers to fairly easy multiple-choice quizzes based on the knowledge imparted. In this way, I clocked my first easy $20 in crypto.
Snag some with a signup
Platforms also offer something that’s quite common with crypto trading and decentralized finance (DeFi) — a signup bonus in the form of free cryptocurrency. Just make sure to find all the conditions and possible pitfalls here like a minimum initial funding deposit. Some platforms may not require a minimum spend and award free Bitcoin once a new user funds their account. One can get an average of $10-$30.
Referral madness
Well, actually, it’s fairly straightforward. Exchange operators don’t only want you as a client, they’d like you to bring along your friends and colleagues too. That’s why many of them offer referral bonuses that pay you free cryptocurrency when such an acquaintance signs up to the platform and makes their first crypto buy. Extra $10 worth of Bitcoin can also be useful.
Airdrops and giveaways
Put simply, developers give away coins to try and garner adoption. You can look online to find when airdrop and giveaways are happening; they’re often promoted on the company’s website as well as on social media and some crypto news sites. If you are lucky, you can even get more than $100 worth of crypto.
Well, after that you can chill, dwell on the results achieved, order a pizza and watch Netflix. Or maybe, you would like to go further. In this case, you need to make your earned cryptocurrency work while looking for other free opportunities. If you received some free low cap crypto, make sure to swap it to Bitcoin or Ethereum. Now it’s time to earn interest in your cryptocurrency holdings. Actually, there are lots of platforms for that purpose. For example, with Midas.Investments you can earn up to 17% on your Bitcoin, have no lock-up periods or minimum deposits (which also comes in handy as we’ve received not much free crypto). Just choose the one that suits you best!