Everyone appreciates a freebie, particularly one that has the potential to grow in value. Free cryptocurrency is always a good thing in the blockchain world, whether you’re seeking a low-cost entry into the market or just want to diversify your portfolio. Fortunately, many cryptocurrency firms give out free cryptocurrency to attract new customers.
In this article, we will discuss 4 ways to earn free cryptocurrency.
4 Ways to Earn Free Crypto Nearly Instantly
Let’s review 4 easy ways to earn passive income from your cryptocurrencies:
1. Earn Interest from Your Staked Crypto
Staking is a method of verifying transactions that several cryptocurrencies use, and it allows users to earn rewards for their holdings. Simply defined, staking is the act of storing cryptocurrency on a certain platform to obtain rewards in the form of cryptocurrency.
You’ll be able to stake your coins straight from your crypto wallet, such as Trust Wallet, Metamask, and others. In addition, many exchanges also provide staking services to their users.
2. Get Cash Back for Using Your Crypto Card
The easiest way to earn free crypto is by using a credit card issued by any crypto exchange. Some Crypto Cards offer an opportunity for you to receive instant cashback on all purchases.
3. Shop with Qualified Retailers to Earn Crypto Rewards
Look out for certain retailers offering crypto rewards when you shop with them. These can be e-commerce marketplaces or technology, or apparel stores. A great way to know which stores offer free crypto rewards is to follow their social media pages and look out for ‘special’ sale periods.
Usually, there are certain conditions put by qualified retailers offering these crypto rewards. They may ask you to shop a certain amount and follow them on social media pages or similar tasks before you can earn free crypto from them.
4. Refer Other Users to Use Crypto Exchange
Referring other users to a platform is a great way to earn rewards. There are many crypto exchanges that offer free crypto when you refer a friend to their platform.
