Earn free cryptocurrencies

Although the cryptocurrency market is all about making profits, it doesn’t assure that at any stance. Since the digital currency sphere is very volatile and has constant fluctuations, many fear trying their hand on crypto investments. A lot of people simply give up after investing in short-terms with rising cases of scams and price falls. They fear that their hard-earned money could become nothing in the oscillations. Since cryptocurrency is a decentralized medium, we have vast options to gain profits without actually investing in it. Many websites and platforms leverage easy ways to earn free cryptocurrency without spending a penny or by investing little and reaping out huge benefits. Free cryptocurrencies are no less than other crypto assets. They can also be traded and exchanged like other digital currencies. In this article, IndustryWired lists the top ways to earn free cryptocurrencies without actually buying or investing in them.

Top 7 Ways to Earn Free Cryptocurrencies 

Get Cryptocurrency Dividents

When it comes to new or emerging cryptocurrencies, we have a great option called cryptocurrency dividends to earn profits. Yes, some platforms or crypto companies will pay you for buying and holding the cryptocurrency for a certain period. Since cryptocurrency popularity and its market stance depend highly on capitalization and adoption, cryptocurrency dividends are very helpful when it comes to improving a digital token and gaining profit. The best thing about dividends is that you don’t need to even stake the coins in your wallet. 

Mine Cryptos

For people who are well-versed in technologies like blockchain and has mathematical and statistical knowledge, mining cryptocurrency is one of the best ways to earn huge benefits. However, there are some myths regarding cryptocurrency mining. People think that anybody can mine as much cryptocurrency as possible and keep it theirs. But the mining process is more complicated than that. The miner has to solve complex mathematical equations and validate the blocks. By doing so, they will get crypto rewards. 

Stake Digital Tokens

Besides holding dividends, you can go a bit mainstream in earning free cryptocurrencies by holding them in your wallet. This process is called staking. It offers double the potential payment when the digital token’s price goes up. Staking allows you to earn additional coins for securing a particular cryptocurrency and pumping its value. 

Earn Airdrops

Airdrops are the best way to take advantage of the new cryptocurrency. Many emerging digital token platforms come up with airdrop campaigns to increase their value. They distribute a certain amount of cryptocurrency to digital wallets as gifts. Through this initiative, crypto enthusiasts get to know about new cryptocurrencies and its potential, and might also get their hands in them. 

Cryptocurrency Credit Cards

Similar to normal credit cards, cryptocurrency credit cards can also give cash backs. However, instead of real money, you get digital tokens as cash backs from credit card usage. For example, crypto exchange Gemini has tied up with fintech companies like BlockFi and Upgrade and provides crypto rewards for every swipe. Each of these crypto credit cards offers varied redemption values. 

Be Part of the Affiliate Program

Affiliate programs are becoming very popular in the crypto circle. For example, bitcoin affiliate programs have gained momentum in recent years. All you have to do it join an affiliate program and promote their services in exchange for crypto rewards. The platform will send you a few referral links and you need to share them with your friends, family, and social media connections. Although not huge, this process will get you simple rewards without spending or investing. 

Acquire Crypto Donations

If you are creative and want to use cryptocurrency for a good cause, then donations are the best way to collect them. You can create a blog or website and mention your purpose for collecting cryptocurrencies. If the investors are impressed by your cause, then they will send a few cryptos to your digital wallet.