How can I get free cryptocurrency?
Can I get free crypto? Yes. In fact, it’s probably easier than you expect. Some methods of getting free crypto require little to no effort on your part while others require a little investment of your time. Most of these methods are pretty simple and all of them are legitimate (we’ve checked them out for you!). So, without any further ado, here are 8 ways to get free crypto:
1. Get free cryptocurrency by using a crypto credit card
New to the world of crypto financial products, crypto credit cards and prepaid cards offer you rewards in the form of cryptocurrency. These cards function just like regular, traditional reward credit cards, but instead of cash-back or points you earn crypto. For example, the BlockFi Rewards Signature Visa Credit Card (available only to US residents at the time of writing) offers 1.5% back in crypto on every purchase.
The Crypto.com Visa card is a prepaid card that you top up with either fiat (CAD) or cryptocurrency. Depending on the card tier, you could earn up to 8% in rewards. All rewards are paid in CRO, the native token of the Crypto.com Chain, and deposited into your Crypto Wallet in the Crypto.com App.
2. Earn interest on crypto you already own
Are you holding on to your crypto? Find a crypto savings account that will pay you a high interest rate for depositing your crypto into it. For example, BlockFi’s Interest Account (BIA) currently offers up to 9.25% APY (as of the time of writing), a rate way beyond what traditional banks offer. Be advised, however, that this is risky. Most crypto savings accounts aren’t CDIC insured so if the exchange gets hacked you could lose everything.
3. Learn about cryptocurrency on a platform
Learn crypto, earn crypto. A great way to earn free crypto is to participate in learning about crypto projects through a platform’s educational hub. Some cryptocurrency platforms reward users for simply watching videos, reading articles and taking the odd quiz or two. As you progress through the platform’s courses, you are rewarded with free crypto. Here are some examples of where you can earn to learn:
Coinbase, one of the largest crypto exchanges in the world, offers Coinbase Earn which lets you earn tokens for watching educational videos on how specific cryptocurrencies work.
Similar to Coinbase Earn, CoinMarketCap offers videos about top and emerging crypto projects. Ace the quizzes after watching these videos and earn tokens for your mastery.
LunarCrush is a platform that distills down the crazy world of crypto by combining info, news, tweets, etc. into digestible chunks for you to consume. According to LunarCrush, the more you use the platform, the smarter it gets, learning what interests you or not. Your participation on the platform earns you points that you can claim for Lunr – that platform’s utility token.
PublishOX is a platform that lets both authors and readers earn free crypto. It’s pretty simple. You get rewarded in free crypto for reading an article and then you’re asked how much you want to split the reward with the author of the article. The amount you decide is immediately deposited into your account.
4. Play free games
A fun way to earn free crypto is to play games that reward you in crypto. Play one of the following games to earn small amounts of crypto for free:
Coin Hunt World
Coin hunt World is available on the Apple App Store or Google Play. Play the game and get rewarded in Bitcoin or Ethereum. Watch this video to see what this game is all about:
Play CryptoPop and get rewarded in Etherum or Popcoin. Group like coins together to pop them. The more coins you manage to group together, the more points you get. The fewer coins you end up having when you reach the end of each stage, the higher the bonus you get. You’ll need to create a Coinbase account in order to earn your bonus. It’s available on Google Play or the Amazon Appstore.
Earn Bitcoin by playing CryptoWord. Connect letters to form words. Score at least 145 points per word to gain 1 Satoshi (nano Bitcoin). It’s available on the Google Play store.
5. Use a browser extension
You can earn free crypto by simply using a browser or installing an extension.
Brave browser is a free and private browser that rewards you for choosing to view ads. When you download it, you’ll be asked if you want to enroll in Brave Rewards. If you say yes, you’ll be shown only high-quality ads and get rewarded with Basic Attention Tokens (BAT) which you can use for just about anything, from frequent flyer miles to purchasing NFTs.
Presearch search engine
A browser extension that you can use within the Brave browser (to earn even extra rewards) is the Presearch extension. Presearch is a decentralized search engine that rewards you with Presearch tokens (PRE) for using it. Presearch also promises less ads and greater privacy.
Lolli browser extension
Another option to earn free crypto is the Lolli extension, which is similar to the Honey extension. All you have to do is add it to your browser and just shop online. You get free Bitcoin or cash back from your purchases, which are held in your Lolli wallet. Lolli is currently only available in the US, but you can join its international waitlist.
6. Take advantage of airdrops
An airdrop is when a crypto platform gives away tokens for free. Yes, this really happens, particularly when a platform wants to grow its user base or a developer wants to gain a following for a new cryptocurrency. In order to collect on this free crypto giveaway, you’ll need to have your own private wallet (not a wallet on an exchange) that is associated with the blockchain of the crypto being given away. For example, downloading the official Etherum wallet will maximize your chances of receiving airdrops of new tokens that are built on the Ethereum network. You can follow some of the latest airdrops at this site: airdrops.io/.
Warning: beware of scams
Airdrops are usually a part of initial coin offerings (ICO) many of which turn out to be scams. Make sure you do your due diligence in researching which ICOs you want to take part in. While it can be exciting to get in on a new cryptocurrency from its beginning, if it doesn’t take off, an airdrop can leave you with a useless cryptocurrency that has no value.
An easy way to get free crypto is by capitalizing on promotions and bonuses that offer free crypto in exchange for your signup, follow or activity. Watch for promotions that reward you for things like subscribing to a new podcast, signing up for a newsletter or following and sharing crypto posts on social media. Many popular crypto exchanges offer a signup bonus to new users. Already using a crypto platform? You can refer a friend and cash-in on the platform’s referral bonus.
Here are some examples of bonus programs from exchanges being offered right now:
Gemini exchange referral program
KuCoin platform bonus for new users
8. Perform micro tasks
Performing micro tasks on sites called “crypto faucets” can earn you very minimal amounts of free crypto. Tasks can include things like taking surveys, clicking on ads, playing games or watching videos. Beware, these sites are usually prime for scammers and it can take a very long time to earn a redeemable amount of points or tokens. If you have a lot of free time on your hands and this idea interests you, two popular crypto faucets worth checking out are Bituro and Cointiply.
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Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.