The spectacular ascent of various other cryptocurrencies, including bitcoin and ethereum, has been extensively covered in news articles. After the release of several cryptocurrencies, their price has increased by hundreds or even thousands of percent.
Although you can purchase cryptocurrencies from anywhere, the substantial price increase in recent months may make this a scary proposition. Fortunately, there are numerous ways to earn free cryptocurrency.
Read on to learn all you need to know if you’re wondering how to receive free cryptocurrency.
Ways to Earn Free Crypto in 2022
Exchange Earnings
Most well-known exchanges host a promotion where you can get free cryptocurrency. For example, with Coinbase’s learn-to-earn initiative, you may view educational videos, complete quizzes, and receive alternative currency in return. In the same stream, you can get exposure to fresh altcoins, which may rise in value in the future, which is advantageous.
These cryptocurrency tokens can transmute to a fiat currency, be traded for other widely used tokens, or staked on platforms to earn interest. To Join the waitlist and receive email notifications when Coinbase is ready to accept new learn-to-earn applicants, create a Coinbase account, become verified, and visit coinbase.com/earn.
Play-to-Earn Games
Blockchain games like Plants vs Undead and Axie Infinity dominate the cryptocurrency market. Some of these games have become so well-liked that they now cost more than $100 to purchase, despite having an initial cost of no more than $10 a few years ago.
Popular P2E games have a high entrance barrier. Therefore game guilds like Yield Guild Games are introducing ways for players to earn game-based cryptocurrencies without making an upfront financial commitment. The only resources you need are competence and a willingness to pick up game strategies.
Energiswap offers you the chance to make up to 18% of the trading costs your referrals pay through a three-tiered referral programme. In addition, you can earn commission through token referrals trade.
Earn BAT Token Using Brave Browser
When you choose to see their advertisements using the Brave browser, you can gain BAT (Basic Attention Token) tokens. In addition, you can select the bare minimum number of adverts you want to view by enabling Ads and the Reward settings in the browser.
You can withdraw BAT tokens by using the withdraw funds option on the browser. It would take you to an exchange where you could sell your BAT token, get cash in fiat, or exchange it for another cryptocurrency.
Get Crypto Through Airdrops
Through airdrops, a lot of blockchain startups release their tokens. These projects occasionally list their coins on centralised, third-party cryptocurrency exchanges like Binance or KuCoin. DeFi exchanges like Uniswap, SushiSwap, and others also list new tokens. An airdrop allocation not only nets you free cryptocurrency but also increases your exposure to emerging niche coins with the potential to become multi-baggers in the future.
If you want to obtain the most recent airdropped tokens from up-and-coming startups, Airdrops.io can be your go-to resource. You could also look at Trustpad and Yellodrop as launchpads for airdrop announcements. These tokens become tradeable on the exchange after the token distribution period has ended.
Each project has a different airdrop allocation process. Some are open to everyone, but some could ask you to try out their features, promote their project, or enter a competition.
Crypto Competitions
Contests and competitions are well-liked events in the bitcoin world. Crypto competitions are a mechanism for crypto projects and protocols to reward consumers, keep them interested, and keep them motivated. In order to attract early users, new cryptocurrency initiatives frequently host gift competitions. These contests allow participants to win free cryptocurrency tokens, stablecoins, and other digital assets. Additionally, the gamification element adds to their enjoyment.
Cryptographic competitions can take many different forms. For instance, a new project may offer its native tokens, NFTs, or other digital assets in exchange for individuals tweeting about it or referring others to the project. Another well-liked category of cryptocurrency competition where you may earn free coins and bonuses for trading is trading competition. Although the contest’s regulations may differ, earning a valuable prize is still the main objective.
As of now, most well-known exchanges are hosting these contests and promotional offers and one exchange, XBO, is all set to join the bandwagon. With the XBO launch around the corner, this exchange will come up with promotions and initiatives to help its users earn rewards. XBO early sign-up is open now, enrol and get early sign-up benefits.
Bottom Line
More people than ever want a piece of the action now that cryptocurrency has become popular. However, for many people, the high cost of popular cryptocurrencies like Bitcoin and Ether can be an entry hurdle. Fortunately, there are numerous simple ways to earn free cryptocurrency that we have covered above if this is the case for you.
You have numerous choices if you want to earn free cryptocurrency, ranging from the regular freebies offered by brokerages and exchanges to the uncommon, including airdrops and surveys.
