Connect with us

Cryptocurrency

Easy Ways To Gain Crypto Without Investing

Published

on

At first, when cryptocurrencies were in their infancy, pretty much the only way to get some was through mining – making use of your computer’s resources to gain some cryptocurrencies. Though through the inevitable spread of crypto to the mainstream, mining has become more difficult and buying crypto is the number one option to get your hands on it.

Of course, making a purchase is a self-explanatory way to get your hands on any available cryptocurrency, but there are ways how to get into all this without spending a single penny. In other words, without going through the trouble of investing.

Airdrops

Airdrops are a way for crypto projects to distribute tokens to potential users. They are often used as a marketing tactic to promote the project and increase awareness.

To participate in an airdrop, you typically need to follow the project’s social media accounts, join their Telegram group, or perform other tasks. This helps the project gain more visibility and potentially attract more users.

Once the airdrop is completed, the project will distribute tokens to the participants’ wallets. The amount of tokens received can vary, but it is usually a small amount (fractions of a cent). However, airdrops are happening nearly every day, and with successful participation, the small amount can grow to a way larger one.

Airdrops are free to participate in and can provide you with a small amount of free crypto. However, you should be cautious when participating in airdrops, as some may be scams. It is important to research the project and make sure it is legitimate before participating in an airdrop.

See also  10 New Crypto Coins 2022: What to Expect

Crypto faucets

Crypto faucets are websites or apps that offer free crypto in small amounts (usually fractions of a cent) as a way to introduce people to the world of crypto. To claim the free crypto, you typically need to enter a wallet address and solve a captcha.

Faucets are a popular way for people to get started with crypto, as they provide a small amount of crypto for free. This can help people learn about how to use a wallet and how to send and receive crypto.

This method is ideal if you are completely new to the crypto world but wish to participate in what it offers. Although the free crypto you receive is very small, it is still enough to get a better understanding of crypto basics.

Earn for small tasks

Some platforms allow users to earn crypto by providing a service, such as completing surveys, watching ads, or participating in a task. These are the same old get-paid-to (GPT) websites that are very popular on the internet.

Knowing that crypto has gained quite a large following in recent times, it is no wonder that such websites have started to offer payouts in various cryptocurrencies. Though they usually use some sort of point system where you can exchange your points for crypto.

JumpTask is one of the many GPT websites, but they provide payouts directly in cryptocurrency as opposed to providing the aforementioned points that you will need to exchange. This removes the ambiguity of how much points are worth and other inconveniences.

The small tasks there are similar to other GPT sites. They include playing some mobile games, installing and launching some apps, answering surveys, participating in quizzes, and so on. You can also conveniently stake what you earn right there on the platform itself.

See also  The CNV puts the curl of the dollar in the grip and prohibits the sale of Bitcoin and its best crypto signals

Use a crypto rewards card

Crypto rewards credit cards are credit cards that offer rewards in the form of crypto for making purchases with the card. These cards are typically offered by crypto companies or partnered with crypto companies.

To use a crypto rewards credit card, you first need to apply for the card and be approved. Once approved, you can start using the card to make purchases and earn rewards in the form of crypto.

The rewards earned will depend on the specific card and the terms of the rewards program. For example, the BlockFi Bitcoin Rewards Credit Card allows you to earn 1.5% back in Bitcoin for every purchase.

Crypto rewards credit cards can be a convenient way to earn crypto, as they can earn rewards simply by using the card for everyday purchases. However, you should be aware of the fees and terms associated with the card, as well as the potential volatility of crypto prices.

To conclude, trying out what the crypto market is all about or just increasing the value of your wallet does not always mean spending money. You can get some crypto absolutely for free, meaning that you can use it without any risk or other headaches.

 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 - 2021 TechZimo.com, All rights reserved.