Most people get cryptocurrencies using their fiat currencies or mining. However, these methods are risky and demand investing money, so it is common to find people that want to earn crypto without sacrificing money, especially in Latin America, where wages are low and poverty is high.
In these cases, the question arises: Is it possible to obtain it for free? The answer is a big yes because on the internet there exist surefire ways to earn crypto without spending anything. Of course, you can’t expect to become a millionaire just by obtaining free cryptos, but it is a good option to earn an extra income and start to explore the world of cryptocurrencies without risking your patrimony.
Sure, when you feel right about their benefits you can start to invest in holding, trading, or mining, any option would be profitable because in the long term the price of solid crypto rises. But meanwhile, you can try the following recommendations.
Disclaimer: You should know that despite there being legitimate methods to earn free crypto, the web is full of scams, so if you access a platform that is not mentioned below, it is necessary to investigate it, in order to make sure it’s not a scam.
1. Learning about cryptos
That’s right! You can earn money learning about cryptos, and we are not talking about learning about how to invest, in this case, you can obtain instant earnings learning about cryptocurrencies or protocols that are in the early stage of adoption.
This way is totally game-changer, because usually, the person that wants to learn is the one that pays to get the learnings, but in this case platforms like Valora, CoinBase and CoinMarketCap are transforming the paradigm through programs where you can be rewarded with cryptocurrencies just for learning about them.
This model is known as learn to earn and is a strategic way to obtain earnings, because the knowledge acquired is useful to make decisions about what to do with those cryptos.in the future.
How does it work?
First thing first, you need to sign up on your preferred platform and explore the available options on the learn to earn section.
If you discover a program that likes you, you apply, wait to be accepted, and ready! You will obtain rewards through your path of learning. To prove your knowledge some platforms implement quizzes and tests.
For example, CoinMarketCap demands a 100% score in order to give you a crypto reward, meanwhile, other platforms are more flexible, so you don’t need a perfect score.
You need to know that some countries have restrictions to get access to these programs, so before applying you should take a look at terms and conditions.
2. Playing
Neither money nor finance are a game, but in recent years play has become a popular option to get crypto, thanks to play to earn games. Some games require an investment to get earnings, but some don’t. Of course, there is a significant earning difference between those two, but the fact is that you can earn your first cryptos just playing -and of course being a good player-.
Some games that rewards on crypto are CryptoPop, Coin Hunt World and some games available at The Sandbox. If you are wondering, are it difficult? Well, not truly, so you don’t need a hard training to play and obtain earnings..
How does it work?
Some games require you to install an app, so usually this is the step one, but some games can be played online. In any case, you have to create an user and connect your wallet before start playing.
After it, you are ready to start to play, you will need get good scores or accomplish challenges to start earning crypto. In this case you are the owner of your time, so you decide how much time invest on it.
3. Participating on AirDrops
AirDrops are events where companies give free crypto or tokens to members of a community to create interest on it.
Generally you need to meet some requirements, because the companies want to promote the adoption of their token or crypto. Sometimes, you just need to be part of a certain community or be engaged with sharing information about it on your social networks, while other companies ask for more requirements to become beneficiary of the AirDrop.
There isn’t exact information about how much you can earn this way, because final earnings depend on the amount that you collect and the price that reaches the crypto. But definitely this is an excellent alternative if you want to get extra income and discover new crypto.
For example, projects that now are on top 10 of crypto with highest growth of capitalization, like Ripple and Stellar Lumens, realized AirDrops in its beginnings, so the people that invest between 10 and 15 minutes testing it and promoting it, surely have now dozens or hundreds of dollars. .
How does it work?
Each AirDrop has different conditions, so what you have to do to earn cryptos changes depending on the project. Usually the projects are developed on Ethereum blockchain, so you need a wallet compatible with ERC-20, where you can get the cryptos, and of course you need to have the profile that the company is seeking.
If you want to participate in AirDrops, keep an eye on platforms like Airdop Alert, ForoBits, BitcoinTalk and the official channels of each cryptocurrency company.
4. Doing microtasks and surveys
In ancient times -where Facebook didn’t even exist- there were websites paying fiat money to those that participate on surveys or opinion studies. Now, also exists platforms whose rewards are cryptos, like Bitcoin, Ethereum or some less popular.
The model is clear, you do a specific task and get a reward for it. A platform using this model is Freecash, where users report earnings rounding 30$ per day.
How does it work?
Like other options, you need to log in on the platform, after it you will find surveys or microtasks like complete captchas, watch ads and more.
Friendly reminder, these tasks are easy to do, so you get an amount proportional to their difficulty. You will need to complete several tasks to get a significant earning.
Just like the learn-to-earn option, there are restrictions in some countries, so you need to check if the tasks are available in your country. Also, sometimes there are just a few surveys or microtasks, that means that some days you will make more money than others. .
5. Browsing
This is a simple everyday task, you just need to install a specialized browser like Brave and Presearch, which rewards you with a native token, basically for use it actively.
To give you an idea of how much you can earn, some users report earning approximately $5 per month. Right, this isn’t a high amount, but it is a good option to get some extra crypto money, considering that is a activity that you are already doing for free and doesn’t require an extra effort.
Also, these browsers offer you more privacy and protect you against invasive ads.
How does it work?
Like any other browsers, you search and navigate through websites, like you are probably doing with Google. Depending on your activity you will get rewards.
If you want to use Brave you have to activate the “Brave Rewards” option, and keep it active to get 70% of the amount paid out by the advertisers. That means that for each ad displayed it you will get Basic Attention Tokens (BATs), which you can exchange later for cryptos.
In the case of Private Search you have to create an account to get PRE tokens. Even they have an extension that makes it easier to navigate, when you get 1000 PRE you will be able to withdraw it to exchange it.
How to exchange crypto for “real” money?
Sure, crypto has a monetary value, however there is still a long way to go to be able to use them regularly for daily expenses. Probably you will need to exchange it to you local currency -like pesos, bolivars, dollar or any other fiat-. This option will allow you to enjoy your money.
The right platform is El Dorado, where you find a marketplace P2P with multiple payment methods that make it possible to transform cryptocurrency into first money..
Also, at El.Dorado you can obtain digital dollars and euros like cUSD and euros, stablecoins perfect to keep safe your earnings of price drops.
LinkedIn: Earning free crypto sounds like something Impossible nowadays, but fortunately it is not. From AirDrops to learn-to-earn projects, we share with you legit ways to obtain cryptocurrency without investing.
Sure, you can pretend to become a crypto millionaire with these options, but it could be the right option for you, if you are looking to get crypto with zero risk. Click on the link to discover the options.