- Sign up with an exchange
If you sign up as a client on a crypto exchange, you can get some free cryptocurrency in your wallet. There are a variety of options that you can opt from, and it is very challenging to earn all of them at the same time. However, this is as much a safe option to earn free coins as a betting online live casino canada.
- Crypto staking
Stake your crypto, and you can earn a steady source of income, mainly if you are a long-term investor or are looking to add some coins to your collection. The rewards are different for different cryptocurrencies, but those for speculative ones tend to be higher.
A proof-of-stake protocol is used by some cryptocurrencies to manage and validate their decentralized systems to allow people owning the currency to become a validator and earn income from staking their coins.
- Learn and earn
There are several websites that via a short quiz enable participants to learn about cryptocurrencies and earn a small portion of it at the same time. For example, Coinbase Earn, allows users to earn rewards for their participation in the learning process. Others, such as CoinMarketCap.com, provide free rewards. The disadvantage of these types of promotions is that they may not always give you the exact cryptocurrency that you want.
Ethereum Roulette is an innovative and decentralized online gambling platform that leverages blockchain technology, specifically the Ethereum network, to provide a transparent and tamper-proof gaming experience. Built on smart contracts, Ethereum Roulette ensures fairness and trust in its operations, eliminating the need for traditional centralized authorities. Players can participate in the classic roulette game, placing bets using Ethereum cryptocurrency. The decentralized nature of the platform not only enhances security but also allows for quick and seamless transactions and anonymity for players. Ethereum Roulette represents a paradigm shift in the online gambling industry, offering a novel approach that combines the thrill of traditional casino games with the transparency and security of blockchain technology.
- Crypto savings account
A savings account for crypto is an ideal way to get involved with the cryptocurrency industry to keep track of your holdings and keep up with the potential rise of your currency. Its initial interest rate is better than that of a traditional bank account.
One of the best options for a savings account is through Crypto.com, which has a tiered-rate structure. High-interest digital currencies, such as Bitcoin and Ethereum, typically pay a few percent annually. On the other hand, stablecoins, which are less volatile, pay higher interest rates.
- Crypto lending
You can leverage the power of your digital currency to make a peer-to-peer loan and earn interest. This type of financial transaction is referred to as decentralized finance, and it involves using apps and digital currencies to provide financial services to other users.
Although you can make a peer-to-peer loan using a variety of currencies and platforms, you should be careful about the potential borrower’s ability to repay the amount you loaned them. In addition, it’s also beneficial to fund smaller loans to help minimize the risk of default.
Nevertheless, if you decide to go this route, ensure you work with a reputable platform.
- Crypto credit cards
If you already have a cash-back credit card, then switching to a reward card for crypto may be a breeze. These cards may give you a chance to earn crypto for every purchase you make. In addition, they may also feature spending bonuses.
Similar to other credit cards, these types of cards have certain limitations. One of these is that you should avoid carrying a huge balance due to the small rewards.
- Browse the web
If you’re looking for a way to earn cryptocurrency while browsing the web, the Brave browser may be just what you need. Through its rewards program, you can earn a Basic Attention Token whenever you use the browser.
Although Brave blocks cookies and ads, it allows users to see some of them in exchange for their digital currency. According to the company, it takes 70 percent of the revenue generated by the ads and distributes the rest to its users each month.
It’s something that you’re already doing, so why not try to earn money for browsing?
- Participate in an airdrop
An airdrop is a type of promotion that involves giving away new coins to boost interest in the cryptocurrency. To receive new coins, you’ll need to follow the developers’ social media channels, support the project, and perform other tasks.
Unfortunately, many of these types of promotions are scams. Even if they deliver you some crypto, it’s doubtful that you’ll be able to use them due to how worthless they are.