If I tell you that you can earn cryptocurrencies for free or with an investment that will do nothing for you, then will you believe me? Well, I am telling the truth. You can actually earn free cryptos. If you want some, then follow the following methods:
Learning Reward of Coinbase
All crypto investors who Coinbase, which is a very popular crypto exchange platform that offers thousands of cryptos assets that traders can trade and earn money. However, there is a great feature of Coinbase, which is learning materials. This platform has learning sections for newbies in the crypto world, for example, short videos that will help beginners to get a good view of the crypto world. However, if you watch those videos, then you will earn rewards in the form of crypto. Coinbase was launched in 2018, and since then, this platform has been offering this reward, and almost $100 million worth of cryptos are offered as a reward.
Staking your Cryptocurrency
All cryptocurrencies use either Proof-of-Work or Proof-of-Stake consensus mechanisms. However, many cryptos nowadays use the Proof-of-Stake mechanism where they have to stake their holdings and prove their work and earn rewards. Now, you can use this method to earn some cryptos. What you need to do is to invest some of your crypto holdings for the security of the cryptos, and you will be able to get interested in your investment. The interest rate can be 5%, depending on your crypto asset.
But Stablecoins and Earn Rewards
You can stake your crypto for the security of the cryptos, and you will also earn rewards without any doubt. But the crypto that you will get as a reward will be native to that crypto where you are staking your holdings. However, the reward that you will get will be volatile. So, you can convert your money into Stablecoin, which has the equivalent value to the US dollar. And when you buy Stablecoins, you will also earn some rewards with that as a form of cryptocurrencies. So, it’s also a great way to earn some cryptos.
It is one of the most popular ways where you will be able to get free cryptocurrencies if you only have a digital wallet. Now, many crypto projects and cryptocurrencies offer free cryptos for the promotion of their cryptocurrencies. At the same time, they also do that so that they can get more potential investors who can invest in their crypto. But the crypto that they offer for free is not a less amount. They offer a good amount. However, there’s a catch, and that is you have to promote their project on social media or other platforms, or they can also ask you to do other tasks as well.
Lend Money to DeFi Apps
Last but not least is lending money to the DeFi apps so that you can earn some free crypto coins. There is a high risk associated with that, but if you are ok with that, then you will be able to make a good amount of cryptos.