Everyone wants to know how to get free crypto. We will show you the best, easiest and most effective methods for earning crypto without having to spend a dime of your own money. However, some ways of getting free crypto require very little effort on your part, whereas others actually require you to purchase crypto in name of a small investment.
We've compiled a list of 18 different methods that anyone can use. Aside from being legal and legitimate, we think these are some of the coolest things you can do to earn crypto rewards.
18 Best ways to earn free crypto
Top 18 Ways to Get Free Cryptocurrency Explained
1. Get Crypto Sign-up Bonuses
A signup bonus at the crypto exchange is the quickest way to obtain free cryptocurrency. Crypto bonuses are a type of initiative used by cryptocurrency exchanges to encourage people to begin trading.
Cryptos are distributed as incentives or promotional offers. These can, however, be rewards bonuses, sign-up bonuses, or referral bonuses. A referral bonus is also a great way to earn passive income.
Some bonuses are provided for free to cryptocurrency users who make a deposit and open an account with a cryptocurrency trading website. Usually, you must also keep the funds in the new account for a specified period of time.
Take your time reading the promotions. Keep in mind that you are rewarded for bitcoin in general, but some promotions may also include currency conversions or other cryptos.
You can read the compiled list of the 2022 Best Crypto Sign-up Bonus Offers.
2. Take part in Crypto Referral Programs
Free crypto can be acquired via referral programs (also known as affiliate programs) in the cryptocurrency industry. These platforms typically include crypto exchanges and wallets. They frequently pay out in cash, but you can always convert that money back into cryptocurrency.
Major cryptocurrency exchanges offer outstanding referral programmes for free crypto. Popular are:
Coinbase referral program: You will receive 50% of referral trading fees for the first three months after someone opens a Coinbase account.
KuCoin referral program: If you refer a friend to trade on KuCoin, you will receive 40% of the trading fees.
Koinly referral program: They have an affiliate program as well! You can earn up to 40% commission on every person you refer to Koinly to do their cryptocurrency taxes.
3. Use Crypto Faucets
A crypto faucet is a website, mobile application, or platform that allows users to earn free crypto rewards. Crypto faucets are close to rewarding sites like InboxDollars, except that you are rewarded in virtual currency rather than cash or gift cards.
Some of these sites actually used to pay out as much as five Bitcoin to visitors for solving a simple captcha. Of course, five Bitcoin back then didn't have much value.
Now faucets do not pay nearly as well, but the basic concept remains the same: you are given free crypto in exchange for performing simple tasks on the faucet's website.
Some of the best crypto faucets are Bitcoinker, CoinPayu, Tamadoge, and Faucet Crypto. Read for more of the best crypto faucets in depth to get free crypto.
But, since you have to give out your crypto address to get your money from a faucet, they are a great setting for crypto scammers to start operating.
But at the other hand, faucets are a simple way to get free crypto without having to invest any money upfront.
You must, however, keep a watch on the required redemption amount. Some crypto faucets specify a minimum amount very high to get the cryptocurrency out of them so high that it would take you a long time to reach it, making the faucet useless.
4. Shop and Earn Free Bitcoin
Several websites and apps now offer users the ability to shop and earn free Bitcoin. If you purchase at over a thousand different stores, you can use the Lolli browser plugin to earn free Bitcoin (or cash). When you shop at one of their partner stores, you'll get free Bitcoin back. Depending on the store, you could get up to 16% of your money back in Bitcoin.
Many of the stores you probably already shop at online, like Adidas, Nike, eBay, Samsung, and hundreds more, are among their partner stores.
The only downside is that for now, you have to live in the US to use Lolli. They intend to expand to other countries, so if you're not in the United States and want to earn free Bitcoin, do check it out.
5. Get Crypto Airdrops
An airdrop is a crypto giveaway carried out by the developers of a usually a new cryptocurrency to raise awareness about the new crypto itself, normally as part of an initial coin offering (ICO).
Airdrops are similar to free samples at Costco in that they give you a taste of their latest spread in the hopes that you will buy them and continue to use them.
The same is true for airdrops. The creators of a new coin are providing you with a "sample" in the hopes that you will purchase more of the coin and participate in its ecosystem.
You must take some steps to participate in an airdrop, such as;
It's important to remember that many airdrops are a scam. Even legitimate airdrops can be a waste of time, leaving you with cryptos that never take off and is worthless.
You can find the most recent crypto airdrops on websites such as airdrops.io. If that site overwhelms you, you can visit CoinMarketCap's exclusive airdrop page.
6. Check out Crypto Bounties
Above we learned how to get free crypto by airdrops, crypto bounties are very similar to them. In a crypto bounty, you will be awarded a particular coin associated with a certain project or business in return for performing an action. Nowadays, a lot of airdrops demand users to finish a task to obtain money or tokens.
Crypto bounties usually entail initial coin offerings. Referral programmes, reviews, and bug bounties are examples.
Bug bounties include difficult tasks for programmers. It involves finding bugs in blockchain projects. As a reward for their work, individuals get coins or tokens.
Crypto.com is an excellent example of this type of bug bounty program. They reward users for revealing security flaws, with the current biggest benefit of $80,000! Imagine how much Bitcoin and Ethereum you could purchase with that.
Be careful, though, because crypto bounties have a bad name. In many cases, investors in bounty schemes never get their payouts due to the program's inability to begin or some other unforeseen circumstance.
Do your research before getting involved in any crypto bounties, just as you would with airdrops. Look for companies with positive user reviews and community support before diving in.
7. Use Crypto Interest Accounts
Moving on to another option for how to get free crypto, we have crypto interest accounts. The best crypto interest accounts provide a means for you to earn interest on your crypto holdings, just as the name suggests. The best part of these accounts, though, is that interest rates are frequently much greater than those of traditional bank accounts.
A great example of a crypto interest account offered by OKX. It offers great interest in your crypto holdings. OKX offers a variety of services, including its cutting-edge trading tools and low costs for buying cryptocurrency, to its more than 20 million users.
Another great crypto savings account to consider is Quint. It provides interest-bearing accounts for cryptocurrencies with some of the highest DeFi interest rates. When users stake QUINT tokens and receive payouts in Quint, they can make up to 16.18% APY. When customers stake a combination of BNB and Quint, the available interest rate increases to 39.08%.
8. Start Crypto Staking
Crypto staking is locking up your currency to support the validation of new blocks on particular blockchain networks. In contrast to Proof-of-Work (Pow) blockchains like Bitcoin, Proof-of-Stake (PoS) blockchains use a different mechanism. Participants that stake their coins will receive free cryptocurrency as a reward for assisting in the validation process.
The technique of crypto staking can provide far higher returns than standard bank accounts, much as when you earn interest on cryptocurrency. AQRU is one of the top crypto-staking platforms. While AQRU doesn't provide staking services in the sense of validation, the platform does provide a mechanism to produce rewards of a similar amount.
Another crypto-staking access point is the US-based Kraken. It has a very excellent crypto collection to offer. Users can profit from more than 12 digital assets. Staking benefits are offered by Kraken for fiat currencies like the USD and EUR.
In addition, Crypto.com claims that based on the duration of your cryptocurrency's lock-up period, returns could reach 12.5%. On its standalone DeFi Wallet application, it offers some staking and rewards options too.
9. Mine Crypto
Are you wondering how to get free crypto by mining? Well often, when you think about mining crypto, you picture huge operations loaded with highly expensive equipment and yielding minimal returns. Contrary to popular belief, numerous initiatives make crypto mining accessible and profitable for everyone.
Nice Hash is one of the most effortless ways to begin mining cryptocurrencies. To begin earning Bitcoin, you just have to connect your GPU or CPU. Additionally, you can use their crypto mining calculator to calculate your potential revenue based on the configuration of your equipment.
You have other options besides Nice Hash and ECOS; you can join a mining pool and start receiving free Bitcoin right away. Common crypto mining pools are Slushpool and Cruxpool.
Bitcoin mining is not the only option available, you can also mine plenty of other altcoins including DOGE, LTC, ETC and more. You can also check out the best PC for crypto mining if you are interested.
10. Try Yield farming
Yield farming boosts up the action of idle crypto assets. To maximize profits, yield farming involves layering several DeFi protocols on top of one another. While many investors employ their unique methods, others rely on yield farming protocols to handle the basic tasks. It enables them to get free crypto by merely putting their assets into a providing DeFi protocol.
This is just one example of many, other popular yield farming protocols including AQRU, Crypto.com, OKX, Coinbase, and SushiSwap. Each yield farming protocol operates slightly differently. Yield farms may offer investors desirable aggressive returns with high-interest rates. However, you accept the risk of losing your entire investment by taking part in cryptocurrency yield farms.
11. Earn Crypto Credit Card Rewards
If you're wondering how to get crypto in your everyday activities, using a crypto credit card could be the way to go. The best crypto credit cards are usually compared to regular credit cards in that they offer cashback rewards for purchases. The key distinction is that crypto credit cards payout in digital currencies rather than FIAT.
Since more and more people are starting to use cryptocurrencies, many companies have begun issuing crypto-specific debit and credit cards. Many of the best altcoin exchanges, such as Nexo, Gemini, and Crypto.com, provide a dedicated card that enables you to pay for things with your crypto holdings.
The best part is that the end merchant does not have to accept cryptocurrency for you to use these cards because the provider handles the exchange process. It's a "win-win" because you can pay in crypto and the merchant gets FIAT.
Cashback rewards vary by provider, but they are typically distributed in the platform's native token - for example, the Crypto.com credit card offers rewards in CRO. However, once earned, cashback can be easily withdrawn or used for trading, allowing you to increase your income even further.
The Brex Card is also one of the best crypto credit cards for startups. It recently added a new redemption option, termed the "first crypto rewards program for businesses" by the company.
12. Take Profits
Many coins in the crypto market recover from crashes only to fall and remain "uninteresting" for years before making another run for the top.
Take advantage of these price increases by selling when prices are high.
This method might not give you "free" crypto in the same sense as the others, but it can still significantly boost your wealth. Learn when to sell crypto, use the best crypto trading tools and become a successful trader.
13. Complete Crypto Courses
Still not sure how to get free crypto, another option is to take educational courses. The term 'Learn and Earn,' may appear too good to be true, but it is actually provided by some top platforms. Earning free cryptocurrency through education means taking educational courses or watching videos, with small rewards distributed upon completion.
Coinbase, one of the reputed crypto exchanges on the market and provides this service. The Coinbase Earn will pay you to watch educational videos and take quizzes, with some quizzes paying out more than others.
The specific coins offered as rewards will vary depending on the task, but Coinbase offers over 20 tokens in which to be rewarded. All you need is a Coinbase account to start working on the courses right away. However, it is important to note that the rewards are not very large, usually a few dollars worth of crypto per course.
14. Participate in DeFi Lending
Crypto lending platforms are new in the crypto space. It allows members of a P2P network to lend their crypto or fiat currency to other members who want to borrow it for a good return. Furthermore, neither the lender nor the borrower is required to deal with a traditional centralised system such as a bank.
Lending and borrowing are at the heart of all global financial systems. And the digital world has created new ways to make lending and borrowing simple, quick, and secure. When it comes to crypto lending, there are two options: lend/borrow your funds through a Defi lending protocol.
Alternatively, you can lend/borrow funds through a Cefi lending platform.
DeFi lending is one of the most common. DeFi lending involves transferring your crypto to a specific protocol, which then lends it to other parties.
You will earn interest in exchange for providing crypto, with rates that are frequently much higher than the typical banking system. It means you can buy the best crypto to invest in and then lend it out using a DeFi protocol. In return, you can benefit from price increases while generating a consistent yield. Yields will vary depending on the asset and the protocol used, but they can reach over 10% per year in some cases.
The benefit of DeFi lending is that the majority of lending agreements are collateralized. It means that borrowers must post security in the form of crypto, which is worth more than the loan itself. The entire process is facilitated by smart contracts so there is no way to cheat the system and no need for a credit check.
15. Play Free Games to Earn Crypto
You can actually get free crypto just for playing some free games. However, compared to NFT-based games, the amount of bitcoin you can earn is much less, but they can still be fun ways to kill time and make a little extra money. Below are a few examples;
CryptoWord is an android-based app released by Vweeter Limited that rewards you with a small amount of free Eth when you link your Ethereum wallet. To make words, you simply connect adjacent letters.
The free mobile game Coin Hunt can be thought of as a crypto-centric take on the popular Pokémon GO. You install the app on your mobile device, then go out into the real world to unlock safes using keys of different colours.
When you unlock a vault, the game will present you with a trivia question; if you can answer it correctly in the given amount of time, you'll receive some cryptocurrency.
The game displays a GPS map of your current location and directs you to the nearest key. You must then return to that location (in the real world) to find the key to open the vault.
If you play CryptoPop, a free match-two game developed by Vweeter Limited and available on Android, you will be rewarded in Ethereum (ETH). To play, you must first download the app from the Google Play Store, and then connect your Ethereum wallet to it.
If you don't already have an Ethereum wallet, you can easily set one up at any major cryptocurrency exchange.
Keep in mind that both CryptoPop and CryptoWord rely largely on advertising revenue, so you should expect to see a lot of ads as you play.
16. Play the Lucky Block Crypto Game
As we saw in the previous section on how to get free crypto by playing earn crypto games, these games look similar to the classic video games that users know and love. The only difference is that crypto games don't run on game consoles but rather on the blockchain.
But which is the best play-to-earn virtual currency game that allows you to get free crypto? Among the most well-known games, we recommend visiting the crypto lottery site Lucky Block.
Lucky Block is a cutting-edge platform hosted on the Binance Smart Chain (BSC) that provides exciting daily prize draws via a user-friendly web or mobile app.
Lucky Block draws are completely decentralised, which means that anyone from anywhere in the world can participate. Lucky Block uses Chainlink's VRF service to help insure that each draw is fair, so the winner of each jackpot is transparent. Aside from Lucky Block's daily jackpots, users can earn free crypto through the platform's appealing dividend payments.
Users who own LBLOCK, the native token of Lucky Block, can also generate a passive income stream. It only takes a crypto wallet connected to the gaming platform. Cash payments will start around the same time that Lucky Block's prize draws do, and they will depend on how many people enter the draws.
17. Watch Videos on Coinbase Earn
Coinbase is one of the largest crypto exchanges. As discussed above, the Coinbase Earn section of the website allows you to earn free bitcoin and other cryptocurrencies simply by watching academic crypto videos.
Coinbase Earn is a fantastic way to learn about various digital currencies while also earning rewards. To earn free cryptocurrency, simply watch videos.
It's worth noting that CoinMarketCap has an earn feature as well.
18. Get Free Pi
Now last on the list of how to get free crypto is Pi.
What exactly is Pi?
Pi is a new cryptocurrency created by Stanford PhDs that you can mine by merely clicking a button once per day in the Pi app.
This method of obtaining free crypto — or free pi — is basically mining, but it is as simple as tapping a button on your mobile once a day.
Download Pi if you want one free Pi cryptocurrency to get started. After you download the app, you will receive a free signup bonus of 1 Pi! Plus you also can invite your friends to the mining circle and can boost your Pi mining.
How do I get free crypto?
You can earn free cryptocurrency through a variety of methods, such as crypto gaming, staking, rewards, interest accounts, NFT giveaway draws and more. Furthermore, many of these methods can be used in combination to increase your earning potential.
How to get free cryptocurrency without mining?
If mining seems too complicated, we've shown you several other simple ways to get free cryptocurrencies such as gaming, sign-up and referral bonuses, shopping and others. You can benefit from these methods without investing in an expensive crypto-mining system. Besides that, you do not need to be a crypto expert to obtain free cryptocurrency by following the tips.
Can you get free Crypto through airdrops?
Yes! Airdrops are a popular way to obtain free cryptocurrency. A crypto airdrop is when a blockchain project gives away free tokens or coins to its community. This is done to raise awareness of the token or coin and encourage more people to use it.
It involves sending tokens to cryptocurrency traders' wallets for free or in exchange for a small promotional service like retweeting a company post.
What are the risks associated with getting free crypto?
The main risk associated with getting free crypto is that the value of the cryptocurrency may not be stable, so you could potentially lose money. Additionally, there may be scams or frauds related to obtaining free crypto tokens; use caution when dealing with offers of free crypto.
It's important to research any companies offering free cryptocurrency and make sure they are legitimate. Finally, it's always important to be mindful of cyber security and not send personal or financial information to anyone online when attempting to get free crypto.
We took a detailed insight into how to get free crypto in this article and discussed 18 of the most popular methods available today. Using these methods, users can easily obtain some free cryptocurrency without having to invest any money.
Moreover, as the rate of crypto acceptance rises, so will the value of holding digital currencies, making use of these techniques can be a profitable idea in the long run.
Aside from that, you don't need to invest in expensive mining software to enter the marketplace. And, with so many free ways to earn crypto, now is an excellent time to get started.
Having said that, it is crucial to remember that the proportion of cryptocurrency users who can profit through these strategies is typically quite low, and it might take some time before any significant rewards are attained. As a result, it is critical to be patient when experimenting with these methods and not to expect too much too soon.
Do you have any expertise in trading crypto, or do you know of any other legitimate methods to get free crypto? Please let us know in the comments!
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