Coin marketcap has opened the door for everyone to earn free crypto. Crypto has gone mainstream and more people than ever want a slice of the action. But the high cost of mainstream cryptocurrencies like Bitcoin and Ether can be a barrier to entry for many people. Fortunately, if this is the case for you - there are many easy ways to earn free crypto and to add to your trustwallet. Crypto currency prices will no longer be an issue when investing.
Ways to earn free crypto
From crypto faucets to crypto bounties to DeFi protocols - there’s plenty of ways to earn free crypto with and without investment if you’ve got the time. We’ll be covering how to earn cryptocurrency, as well as how to put your idle assets to good use! Let’s dive in.
Learn to earn crypto
Want to get involved in crypto, but don’t have a clue how it all works? You can actually earn free crypto while you learn about it. This is a great program for beginners and there are several awesome exchanges and crypto businesses offering learn to earn program including:
Coinbase: Coinbase offers a variety of great learning programs, all of which you’ll get paid for once you’ve completed the module. At the moment you can earn XML, AMP, COMP, BAL, MKR, DAI, MATIC and many more. The courses are regularly updated - so check in to see when they’ve got new tokens to earn.
Phemex: You can earn fiat currency through the Phemex learn to earn programs - currently up to $16 which is credited to your Phemex account. All you need to do is watch videos, complete quizzes and claim your rewards.
Binance: As the largest crypto exchange out there - it should be no surprise to see Binance has a great learn to earn program that is regularly updated with new partners. Check out the reward center for the most up to date list on their current programs and the tokens you can earn.
CoinMarketCap: CoinMarketCap is the leading crypto price-tracking website. Their learn to earn program is a little different - you'll learn about different cryptocurrencies and be rewarded with those tokens. Their programs are regularly updated but at the moment you can earn SAND, SUSHI, POLS, 1INCH, AMP CRYPTO, POLYGON CRYPTO, LUNA CRYPTO and many more.
Play to earn
Yep, you read that right. You can play games and earn free crypto just for taking part. There are a huge number of play to earn crypto games available now and each works a little differently, so you’ve got plenty of gaming genres to choose from to suit your interests. Some of the most popular games you can earn free crypto with include:
Axie Infinity: Pokemon meets crypto in this incredibly popular play to earn crypto game, with more than 2 million daily users. You’ll earn SLP and AXS tokens for playing, which you can sell on many exchanges, or use in-game to train, breed and sell Axies. Axie’s are tokenized as NFTs, which can be sold for considerable sums on the marketplace.
Splinterlands: Splinterlands is an NFT-based tactical trading card game. You can play for free, but if you want to access the play to earn feature, you’ll need to buy the $10 Summoner’s Spellbook. You’ll earn DEC tokens and Splinterlands credits for playing - the latter of which you can use to buy more cards in game and later sell on NFT marketplaces like Opensea.
Decentraland: A decentralized 3D virtual world awaits where you can do pretty much anything. MANA is the currency of Decentraland and you can earn it in a million different ways - but renting buildings, creating public spaces and selling NFT items, names and land on the marketplace are the most common.
Thetan Arena: An esport MOBA battle royal mash-up, whenever you win a match you’ll be rewarded with THC and THG tokens. You can sell these or use them to unlock premium heroes - which are digitized as NFTs and sold in the marketplace.
The Sandbox: A virtual metaverse where you can play, build and monetize virtual experiences on the Ethereum blockchain. Create NFT assets to sell on the marketplace, rent land, create spaces for other users to visit and earn SAND.
DeFi Kingdoms: DeFi Kingdoms works a little differently to some other games as some aspects of it are gamified DeFi, though there is a main game element too. You'll battle Heros (digitized NFTs), send them on quests and more to earn DFKTEARS. JEWEL is the other token that you can use within DeFi Kingdoms to to stake at the bank, provide liquidity through the gardens feature and more.
Gala Games: Gala provides a variety of games to pick from including Fortified, The Walking Dead Empires, Mirandus, Last Expedition, Echoes of Empire, Spider Tanks and many more. Players can earn GALA through ranking on the leaderboards in some games, by selling and trading in-game NFT assets and running a Gala node to support the network.
One of the easiest ways to earn free crypto is through an airdrop. Airdrops are usually used to raise awareness of a new token or coin, decentralize coin distribution, stimulate trading and reward early investors.
A word of warning though - airdrop scams are rife. In these scams, hackers will mint a malicious token, send it to user accounts and use the coin to phish for user data to gain access to their wallet.
The best way to avoid airdrop scams? Only use reputable sites to find airdrops. Two of the best are CoinMarketCap and Binance. Their listed airdrops are regularly updated, so check in often to make sure you’re not missing out on free crypto.
Another closely related phenomenon is NFT drops. Many start up NFT projects drop assets for free to decentralize ownership. For example, when CryptoPunks first launched, all assets were dropped to users free of charge. These same NFTs are now selling for millions of dollars.
Of course, not all NFT projects are going to see the same success as CryptoPunks, Bored Ape Yacht Club and so on. But some might, so it’s well worth keeping your ear to the ground for new NFT projects and getting in on any free NFT drops… just in case. Like with the above, make sure to do your due diligence and research any projects before getting involved and use reputable crypto news sites to discover NFT projects.
Crypto bounties are similar to airdrops in that you’ll be rewarded with a certain coin related to a specific project or company, but you’ll need to do something in exchange for it. In fact, many airdrops now ask users to complete a task in exchange for the coins or tokens.
The tasks involved in crypto bounties vary massively, but they’re normally tasks relating to an initial coin offering (ICO). This could be simple things like referral schemes or reviews, or it can be more complicated tasks like bug bounties. Bug bounties are more technically advanced tasks for programmers to find bugs within blockchain projects and are rewarded with coins or tokens in exchange for their service. Crypto.com has a great example of this kind of bug bounty program - they reward users for reporting security vulnerabilities, currently up to a maximum of $80,000! Think of all the BTC and ETH you could buy with that.
A word to the wise though - crypto bounties have a bad rep. Many bounty programs fail to pay out investors for a number of reasons like failure to launch or more. So like with airdrops, do your research before participating in any crypto bounties and find companies with strong user reviews and community support before diving in. Remember, if it sounds too good to be true, it probably is.
Technically, the learn to earn programs are a kind of crypto faucet, but there’s many more crypto faucets available. Crypto faucets reward users with a small amount of tokens for completing a given task - like learning about a specific token, solving captchas or even browsing on Reddit - so you can earn free crypto for a variety of tasks.
Moon Faucet is one of the best examples of this. Users can earn moons based on their Reddit activity. At a basic level, the more karma, the more moons you’ll earn.
But Moon Faucet is by no means the only crypto faucet going. You can find a crypto faucet for a variety of popular coins and tokens including BTC, ETH, SOL and more.
Make the switch from your current browser - whether that’s Chrome, Firefox or Safari (or if you’re somehow still using Internet Explorer) to Brave browser.
Brave pride themselves on providing a more secure and private browsing experience where you’re not bombarded with ads. Whereas in mainstream browsers, your data will be collected and used to target ads at you, Brave have reinvented the wheel with the Brave Reward program, letting users earn free crypto in exchange for seeing ads.
You can opt-in for ads and you’ll be paid out 70% of the ad revenue from ads you see in the form of BAT (Basic Attention Tokens).
Shop and earn free Bitcoin
Lolli is a free browser extension that helps you earn free Bitcoin (or cash) when you shop at more than 1,000 stores. When you shop with their partner stores you'll be earn free Bitcoin in return - up to 16% in Bitcoin cashback depending on the store!
Their partner stores include a huge number of stores you probably already shop at online including Adidas, Walgreens, Nike, Expedia, eBay, Petco, Samsung and hundreds more.
The only downside? You'll need to live in the US for the time being to use Lolli. They are planning to expand to other countries, so if you're not in the US and want to earn free Bitcoin - watch this space!
Normally when you think of crypto mining now - you think of huge mining farms packed full of incredibly expensive equipment and meagre returns. But it’s not the case, there are a huge number of projects making crypto mining accessible and profitable for all.
One of the leading projects to get you started in crypto mining with no hassle at all is Nice Hash. Simply connect your GPU or CPU and start earning Bitcoin. You can even use their crypto mining calculator to see how much you’re likely to earn based on your computer set up.
Nice Hash and ECOS aren’t your only options, you can also join a mining pool to get started earning free Bitcoin straight away. Popular crypto mining pools include:
As well as this, Bitcoin mining isn't the only option available. You can mine plenty of other alt coins including DOGE, XMR, RVN, LTC, ETC and more.
Earn interest on idle crypto assets
HODLing for the moon is a solid investment strategy in the crypto market and many investors have reaped the rewards. But there’s little use in your crypto assets gathering dust in a wallet. Instead put them to work and earn interest on them.
There are a huge number of both centralized and decentralized exchanges offering letting you earn free crypto simply for HODLing using their wallet or vault. You can see a complete list of crypto interest options on CoinMarketCap - offering up to 10% interest so far more than you’d see from a bank with fiat currency! Some of the most popular crypto interest products include:
Binance Savings: A huge variety of flexible and locked savings accounts and coins available to earn interest on.
BlockFi: BlockFi Interest Accounts offer compound interest on a number of popular cryptocurrencies.
CoinRabbit: Earn 10% on stablecoins, with no fees and rewards paid out daily.
Cake DeFi: DeFi lending protocol offering up to 7% API on a variety of stablecoins, BTC and ETH.
Yield farming puts idle crypto assets into overdrive. Yield farming is the process of stacking multiple DeFi protocols on top of one another to reap the largest rewards. While many investors have their own unique strategies, other investors utilize yield farming protocols to do the hard work for them - letting them earn free crypto simply by depositing their asset into a giving DeFi protocol.
Yield farming protocols each work slightly differently but a nice simple example is Curve and Convex Finance. Investors can use Curve to invest in a variety of liquidity pools and earn CRV tokens (and sometimes other liquidity pool tokens) as a reward. CRV tokens can be sold, but you can also stake them in Convex Finance to boost rewards further.
This is just one example of many, other popular DeFi yield farming protocols include:
Refer and earn free crypto
Crypto referral programs (or affiliate programs) let you earn free crypto in e
xchange for referring people to a specific platform - normally an exchange or wallet. Quite often they pay out in cash - but you can always put that money back into crypto. There's lots of great referral programs from large crypto exchanges that can let you earn free crypto. Some of the most popular include:
KuCoin affiliate program: Refer friends to trade on KuCoin and you'll get 40% of the trading fees.
Trezor affiliate program: Earn between 12% - 15% in commission for each referral - you can even choose to be paid out in Bitcoin.
Coinbase affiliate program: You'll get 50% of your referrees' trading fees for the first 3 months after they open a Coinbase account.