Ways to Earn Free Crypto

Our world is going through a crisis; there was a global pandemic for a couple of years, followed by the war in Ukraine. This chaos has impacted the global financial sector. Traditional fiat currency is jolted with inflation, oil prices have skyrocketed and global trade is tumbling. People are now looking the other way; living in a digital era is compelling people to look for digital solutions to finance. This is where the importance of crypto sprouts up.

Cryptocurrency has already become a celebrity in the last few years. People are rushing to invest in it and companies are embracing it owing to its convenience.

Carl Runefelt, a crypto global leader who has invested in more than 360 crypto startups, while talking about cryptocurrencies on his YouTube channel says, “Bitcoin is the only non-political money in the world. Remember guys your bank money can get frozen, and your gold can get confiscated, but Bitcoin remains whether you’re in Slovenia or Sweden, or Dubai. No matter where you are, Bitcoin is always online, always working for you, and for everyone else. I think that is revolutionary, and I am so happy to be part of Bitcoin, especially in times like these of massive global uncertainty.”

So if you’re into cryptocurrency as well and want to find newer ways – the free ones especially – then this article is for you.

Let’s dig into some of the ways you can earn free crypto.

Play Blockchain-based Games

The traditional gaming industry stands at a whopping 270 billion dollars today. Blockchain-based games have a share now touching 1 billion dollars – and it is just the beginning.

With time, this share will massively increase since we are making our way into the blockchain-based gaming era.

Playing games built on blockchain technology is an excellent idea to make free crypto while having fun at the same time.

You can earn free crypto when you complete some specific tasks in a game. Then there are a few daily draws from which you can win cryptocurrency as well.

More and more gamers are joining such games to play and earn.

Start Crypto Staking

If done right, it can be a continuous source of income for years to come. In crypto staking, you lock up your crypto to validate new blocks on a blockchain network.

But remember, this can only be done on PoS (Proof-of-Stake) blockchains since PoW (Proof-of-Work) blockchains like Bitcoin don’t include the feature.

How this works is since you are assisting in the validation process, as a reward you are given free crypto by staking your existing tokens. The rewards vary quite a lot – some a rewarded less while some are rewarded to the highest level.

Some prominent cryptocurrency exchanges offer stakes to their users.

Earn Free Crypto with Airdrops

This method of earning free crypto has become a hot trend recently. But what are airdrops?

the distribution of free cryptocurrencies to users who have been supporting a specific project since the start. This is usually done to create hype around a specific token as a marketing tactic. This results in gathering a large community around the launch.

You’d be amazed to learn that most of the Defi followed this path to build communities before the successful launch of their currencies.

But what do you need to get yourself an airdrop?

 Nothing much actually. You just need a cryptocurrency wallet to store airdrop.

Complete Educational Courses

This is probably one of the simplest methods out there to earn free crypto. Numerous crypto communities offer it based on a model of “Learn and Earn.”

So how does it work?

All you need to do is participate in a crypto course, watch videos and tutorials, and finish some assignments and there it is; you just earned some free crypto.

Conclusion

We have discussed some of the most prominent ways of earning free crypto. But there are plenty of other ways as well. This includes crypto credit card rewards, completing crypto faucet assignments, and engaging in Defi lending.

But if you are wondering what’s so special if you have crypto in your wallet.

Carl Runefelt answers in the following words, “Cryptocurrency is recognized across the world and is not affected by exchange or interest rates. It would also provide individuals living in economically fragile nations more stability and predictability.”

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