Earning free cryptocurrencies can be simple and diverse. There are many possibilities, from listing on exchanges like Coinbase and eToro to staking cryptocurrencies on networks like Ethereum.
You can also earn rewards through education platforms like Coinbase Earn, participate in airdrop activities, or even browse the internet using the Brave browser. For those looking to earn interest from their holdings, cryptocurrency savings accounts and lending platforms offer real opportunities. Additionally, cryptocurrency credit cards and survey websites provide alternative methods to accumulate digital coins.
1. Join an exchange
Many cryptocurrency exchanges offer free cryptocurrencies as rewards for new users during registration. Some well-known platforms include Coinbase, eToro, Gemini, and Crypto.com. Stay tuned for updates on additional rewards.
2. Cryptocurrency staking
Earn stable income through staking cryptocurrencies by validating transactions on Proof of Stake (PoS) networks like Ethereum. However, please note that the US Securities and Exchange Commission (SEC) has raised questions regarding certain projects as unregistered securities.
Read more:
What will happen as Bitcoin enters a “critical zone”?
3. Free NFTs
Non-Fungible Tokens (NFTs) can be exchanged for cryptocurrencies. You can obtain them by sharing on Discord or Twitter. Please be aware of potential tax implications.
4. Learn and earn
Websites like Coinbase Earn and CoinMarketCap.com offer cryptocurrency rewards for completing educational tasks. While you may not always get the specific cryptocurrency you desire, it is a simple way to accumulate different coins.
5. Cryptocurrency savings accounts
Earn interest on the cryptocurrencies you hold by using cryptocurrency savings accounts. Platforms like Crypto.com offer differentiated interest rates based on your deposit size. Stablecoins generally provide higher interest rates compared to more volatile cryptocurrencies like Bitcoin and Ethereum.
6. Cryptocurrency lending
Earn interest by lending out your cryptocurrencies through decentralized finance (DeFi). Ensure you use reputable platforms and consider diversifying your loans to reduce risk.
7. Cashback from brokerage firms
Traditional brokerage firms like eToro, Robinhood, and Webull sometimes offer cash bonuses that can be converted into cryptocurrencies. These platforms may have referral bonuses or other promotional activities for you to explore.
Read more:
Investors should not be complacent – Bitcoin could still drop to $50,000
8. Participate in airdrop activities
New cryptocurrency projects often distribute free coins through airdrops to generate interest. Engage in these projects through social media or other platforms to secure a spot.
9. Cryptocurrency credit cards
Cryptocurrency reward credit cards, such as the Gemini credit card, offer cryptocurrencies in exchange for your purchases.
10. Take surveys
Websites like Freecash allow you to earn cryptocurrencies by completing surveys, playing games, or participating in other paid offers. Bonuses can also be obtained in the form of US dollars or gift cards.
11. Browse the web
The Brave browser rewards you with Basic Attention Tokens (BAT) for viewing ads while browsing. It blocks typical ads and cookies, providing a more secure browsing experience while sharing 70% of ad revenue with users.
