11 Ways to earn cryptocurrency for free crypto
If you are a loyal user of our site, it is likely that you are interested in earning cryptocurrencies to get free cryptocurrencies. I’m right?
There are more ways to get tokens than just gifts. Personally, I have experimented with many diverse ways to earn cryptocurrencies over the past 6 years, and here is a list of my favorites for depositing coins in your wallets. Pay Slik.
Here are 11 ways to get started, when you are done exploring them we have a new one on how to make money in 2021 posted.
1. Airdrops: the most obvious one for free cryptocurrencies
Since we are Airdrop Alert, it’s hard not to state the obvious first. Cryptocurrency airdrops are the easiest way to earn cryptocurrencies.
You can find a list of all airdrops here.
If you are tired of all the work you have to do to collect the free airdrops, you can take a look at our Pro-Plan. This helps you get airdropped coins in your wallet, without having to follow social media or leave your data on the blockchain world.
But be careful, there are projects that don’t have your best interest at heart. Be smart and avoid scams.
2. Blockchain Jobs — For The Hardworking Bee
The first blockchain developer was Satoshi Nakamoto. The inventor (or inventors) created Bitcoin (BTC) and released it anonymously under the name Satoshi.
You don’t have to be a developer to work in the blockchain industry. It can do many other things, including:
- Community manager: the person of the people
- Marketing — The Extrovert
- Customer service: the assistant
- Content Writer: The Creative
- Manager: the type of leader
- Legal — the smart one
The blockchain industry is bigger than code. You can work in the blockchain if you have the necessary skills to work for any company that is on the Internet. There are several platforms that provide you with empty vacancies for blockchain jobs. Pay Slik.
3. Affiliate Marketing: Sales, Sales, and Sales
Referring people to projects and exchanges was the first way we monetized our site. It’s simple, you send users or customers to a company and they pay you a reward. It can be a flat fee or a percentage.
ICOs often offer their own token as a referral reward. On the other hand, exchanges offer cash directly to your account. There are many blockchain companies that will offer affiliate positions if you help them grow. Even at Airdrop Alert, we offer% commission to forward to customers.
4. Trade: by the determined
Bull or bear market, good traders can always earn cryptocurrencies.
Do you have a good feeling when the market is going up or down? Or are you a good genius at technical analysis (TA)? A good technical analyst decides which tokens to trade based on the projections on the charts. It is an extremely difficult skill to learn and we have already explained the basics to you earlier.
5. Rewards: exchange your time for tokens
The difference with Airdrops is that you spend more time and effort to earn a reward.
You can collect different types of rewards, including
- Bug bounties — find a bug in the code
- Social rewards: expose social media
- Exclusive rewards: promote projects on the BitcoinTalk forum
- Content rewards: create content
Recently, Coinbase paid a $ 30,000 reward for finding a single bug. This shows that bounty hunters can earn a fair amount of crypto with their different skill sets. Pay Slik.
6. Mining: for nerds to earn cryptocurrencies
When I first heard about Bitcoin, I immediately started building my own miners. The concept of earning cryptocurrency with a self-built mining rig felt liberating. The era of digital gold, I told myself.
If you are tech-savvy and are not ashamed to build and run your own miner, it is a great way to earn crypto. It may not be the right time to mine Bitcoin anymore, but you can mine other cryptocurrencies. Read more about the different ways to mine in our previous blog on the subject.
7. Gambling: let your money do the work
Unlike the previous one, Proof-of-Stake (PoS) coins do not rely on computer power for your network security.
Deposit a certain amount in a special betting wallet to qualify as a node. Once you are a node, you approve the transactions and get small fees for them.
Generally, you only bet coins in a wallet on a monthly or yearly basis, so it earns interest, as it is good for the network and for the user. It is not about getting cryptocurrencies completely free, since you must have coins first. However, it comes remarkably close to that.
8. Hard Forks: When Communities Divide, You Get Free Crypto
Sometimes the developers of a coin or a community disagree on the future of the project. At these times, they are generally split into two different currencies, which is called a hard fork. Each copy of the code goes its own way and develops its own ideas. Therefore, the coins will no longer be a full 1: 1 copy of each other.
Because you had coins at the time of the copy (snapshot), you now have one coin in each of the separate strings. The most famous hard fork examples are the notorious Bitcoin Cash and the gimmick surrounding the classic Ethereum, which resulted in a decent amount of free crypto. Pay Slik.
9. Masternodes: the digital gold mines
Think of a master node as a savings account with a minimum deposit of the native currency. A traditional savings account pays interest and a master node pays rewards that are very similar to interest. In the case of a master node, the reward (or interest) comes from performing services for the network. No of loans. This reward is obviously in cryptocurrencies.
What distinguishes a master node from a traditional savings account is that your initial deposit never leaves your possession. That sounds better, right?
We already compared several master nodes.
10. Earn cryptocurrencies with Ethereum
There are several ways to get free cryptocurrencies by earning ETH. Some of them are already listed above, but there are also some less obvious ones like Faucets.
11. Get free crypto with Bitcoin
Besides earning Ethereum, you can also get free cryptocurrencies by earning bitcoins.
It may come as a surprise, but there are at least 7 ways you can earn BTC and we have already explained all the steps.
Including games like free bitcoin roulette, where you just spin to collect Satoshis.
In addition to earning BTC, you can also get a refund at some of the largest companies in the world if you use the Lolli app. Websites like hotel.com or booking.com are connected to the app, including several hundred more. Pay Slik.