Cryptocurrency is gaining more and more popularity every year. Some experts even claim that it’s the future of our finances. So, naturally, many people are trying to invest in crypto and try the niche out themselves.
Did you know that you don’t have to spend anything to acquire cryptocurrency? If you’re new to the market, try these seven ways to earn crypto!
1. Airdrops
Airdrops might be one of the easiest ways to get some crypto in your pocket without any investments. When a company or project establishes a new platform or creates a new currency, they use airdropping for promotion. Basically, when new users complete different requirements, they receive a little bit of token or coins. These tasks include:
- Registering on the new platform;
- Joining the company’s discord;
- Following the brand’s social media accounts;
- Sharing promotional posts;
- Referring friends to join the platform.
2. Staking
If you already own some tokens and want to continue earning without any additional purchases, staking is for you. You’ll make your money work for you. It involves holding some crypto in a wallet or exchange to help secure the network, all for a monetary reward.
Although it’s a fun way to earn more crypto, be aware that it’ll lock a part of your finances. These funds will only be available after a certain amount of time. Make sure you won’t need the money for the time being.
3. Mining
Mining is more well-known in the crypto industry, and it requires you to have a powerful PC. During crypto mining, your computer will use the processing power to verify transactions. In the end, new blocks will be added to the blockchain. Not only you’re earning some cryptocurrency, but you also become a blockchain builder!
Mining is not for everyone. Cryptocurrency miners should be able to solve technical puzzles, use special software, and have additional equipment. But it’s an effort that pays off.
4. Microtasks
If you’re still trying to get used to cryptocurrency and experiment, there’s no point in investing in it. Instead, microtasks online will be of help. Many websites and platforms will pay you small sums of crypto for completing CAPTCHA puzzles, watching videos, and listening to music. In addition to that, you can write reviews and take surveys to earn some tokens. That’s almost like a passive income with crypto as a reward.
Gamers can also earn while playing! That’s right. Some companies will seep tokens into your wallet for testing games and writing bug reports. You have to be careful about approaching those tasks, though. Beware of scams.
5. Bounty Programs
In case you have a technical mindset but don’t want to mine crypto, there’s also a chance to join bounty programs. These programs are usually launched by cryptocurrency developers to promote their startups and find bugs in the system.
Bounties range from a few hundred dollars to thousands of dollars, depending on the activity. Bounty programs can be:
Pre-ICO. This stage of the bounty program usually focuses on general promotion and is similar to airdrops. The company will usually focus its effort on social media and developing processes. Thus, developers earn the biggest chunk of cryptocurrency. Social media influencers, writers, bloggers, and video creators can also participate.
Post-ICO. After the product is launched, developers and coders can still join the program. During this stage, they find bugs and inaccuracies in the product. Translators who ensure that the new product is widespread will also receive a reward.
6. Freelancing
Freelancers can easily receive cryptocurrency without any additional investments, too. The decentralized technology makes it easier to pay freelancers and organize freelance gigs.
So, a few trusted platforms have already launched crypto-based businesses. Just like traditional freelancing platforms, these are suitable for copywriters, developers, web designers, video editors, tutors, and any other professionals. We have yet to see all platforms adopt cryptocurrency payments.
To join a crypto-based freelance platform, you typically need to be registered on one of the major cryptocurrency exchanges. Fees are similar to the traditional platforms – around 5% for freelancers.
7. Bandwidth Sharing
Bandwidth sharing involves you sharing your internet with individuals and businesses for their own goals. Most of the time, businesses need an unbiased and uncensored internet connection to test their services. For example, depending on your location, they will use your bandwidth to see if their advertisements are up and working.
While some platforms pay in dollars, others use cryptocurrency as a way to reward their users. By sharing your unused bandwidth, you can earn up to $75 extra cash in crypto.
Final Words
Here are the main seven ways to earn crypto without investing! When receiving tokens, be aware of scams, fraud, and security risks. Don’t let thieves get a hold of your funds. At the same time, make sure you’re ready to spend time and effort to grab the cryptocurrency and expand your net worth. Do your research before taking up every new venture.
