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How to Earn Free Crypto? Everything You Need to Know
The advent of cryptocurrency has made it possible for many people to get digital assets with little to no start-up capital. If you’re interested in cryptocurrency or just want to test the waters with digital money, there are a number of ways to get some for free. Discover ten tried-and-true methods to earn free cryptocurrency with this detailed tutorial.
1. Airdrops
One of the most common methods to obtain cryptocurrency for free is through airdrops. Free token distribution is a common marketing strategy for new cryptocurrency projects. Signing up and finishing several easy activities will qualify you. Follow sites like Airdrop Alert and get involved in related social media groups to keep up with airdrop news. Just be wary of frauds; you should never provide personal information in order to receive free cryptocurrency.
In 2020, 400 UNI tokens, with a maximum value in the thousands of dollars, were issued to users who had utilized the Uniswap platform before a specific date as part of the UNI token airdrop. XcelPay’s initial token release also included an airdrop distribution of tokens.
2. Bounties
Show me your tech skills! There are cryptocurrency projects that pay people to uncover and report security flaws in their code and infrastructure. Consider it as a way to earn a living while solving crypto mysteries! Finding and reporting security problems is a great way to earn cryptocurrency if you’re technically inclined. Numerous crypto firms’ bug bounty programs are listed on platforms such as HackerOne and Bugcrowd.
After finding a serious weakness in the Polygon network in 2021, a white-hat hacker made $2 million in ETH.
3. Play-to-Earn Crypto Games
Players, celebrate! Players can earn cryptocurrencies or NFTs (Non-Fungible Tokens) in play-to-earn games just by leveling up and completing in-game tasks. It’s almost like making money while doing what you enjoy! You can buy and sell in-game items on several marketplaces after playing these games.
Some players earn a job playing Axie Infinity, which allows them to acquire Smooth Love Potion (SLP) tokens and valuable NFTs.
4. Crypto Mining
To validate transactions and add them to the blockchain, crypto miners use computer hardware to solve complicated mathematical problems. As compensation for your work, you will receive cryptocurrency. Cloud mining or allowing mining with less powerful gear is an option for projects that offer an affordable alternative to traditional mining.
With the correct configuration, it is still possible to earn money mining cryptocurrencies like Monero with a standard CPU.
5. Offering Freelance Crypto Services
Jobs can be posted on freelancing websites that accept cryptocurrency, such as CryptoGrind and Ethlance. Offering your services in exchange for cryptocurrency is a viable option for anyone with talents in writing, graphic design, programming, or marketing.
Crypto blog and website content creation is a viable side hustle for freelance writers looking to earn Bitcoin or Ethereum.
6. Staking
In order to facilitate the functioning of the network, including the validation of transactions, staking entails keeping a fixed quantity of cryptocurrency in a wallet. Afterwards, you’ll be rewarded. Ethereum 2.0 and Cardano are only two of several blockchain networks that provide incentives for staking.
Gain access to an APR of up to 30% by staking several cryptocurrencies in the XcelPay Wallet, including Bitcoin, Ethereum, MATIC, USDT, BNB, XLD, SHIB, and more. You can also earn more ADA tokens as prizes by staking them on the Cardano network.
7. Faucets
Crypto faucets, which offer free, little amounts of cryptocurrency, are number seven on the list. They frequently solicit for your attention in exchange for little things, like watching advertising or solving captchas. Despite their modest size, the benefits might build up with time.
Online Bitcoin faucets, such as FreeBitco, provide users the opportunity to claim small sums of Bitcoin hourly.
8. Crypto Lending
You can lend out your bitcoin to others and get interest payments via sites like BlockFi and Celsius Network. Even without lending them out, some services give interest on cryptocurrency deposits.
Earn interest paid in bitcoin by depositing your USDC on BlockFi. Soon, XcelPay Wallet will offer lending and borrowing options.
9. Affiliate Programs
Referring new users to the platforms of various cryptocurrency companies might earn you a commission through their affiliate programs. Spreading the word about your referral link allows you to earn either a fixed reward or a portion of the fees for every new sign-up.
By inviting others to join Binance using your referral link, you can share in a portion of their trading costs.
10. Blogging and Content Creation
Steemit and Publish0x are two platforms that pay users bitcoin for publishing articles and engaging with the community, so if you enjoy creating content, you can earn cryptocurrency doing both. Create content that others want to read and engage with, and you may earn cryptocurrency for every view and engagement.
By reading and writing articles on Publish0x, both authors and readers can earn tips in a variety of cryptocurrencies.
Conclusion
You may earn cryptocurrency for free and without investment using a variety of methods. There is a vast array of chances to investigate, from taking part in giveaways and airdrops to making content and providing freelance services.
There is a way for everyone to participate and begin earning cryptocurrency right now, regardless of whether you are technically savvy or would rather interact with communities.
Well Done!
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Why Choose BTCC?
BTCC is known as the world’s longest-running exchange. Since its establishment, the platform has withstood multiple bull and downturn markets without reporting a single hacking incident, making it one of the most trusted exchanges in existence.
The firm’s products are designed to meet the needs and desires of both rookie and experienced traders. Here are five reasons for using the exchange:
- Available Cryptocurrencies on the Exchange
As a leading cryptocurrency exchange, BTCC’s platform supports over 300 cryptocurrencies, allowing investors to diversify their digital portfolios and explore numerous investment opportunities in the digital currency market. The site also provides access to newer but equally intriguing alternatives, including Litecoin (LTC) and Ripple (XRP).
The number of trading coins is projected to increase as BTCC is committed to innovation and adopting new yet promising digital currencies in order to reach a wider spectrum of traders.
- Easy to use
When choosing a decent cryptocurrency exchange, simplicity of use is an important thing to consider. The BTCC app has an intuitive and user-friendly layout that is appropriate for both new and experienced traders, making trading on the platform simple and efficient. It contains features like as price alerts and real-time market data, which improve the trading experience. The program also includes security features like two-factor authentication and cold storage for cash.
The site includes a competent charting system that displays information such as a cryptocurrency’s 24-hour price movement, 24-hour low/high, and daily volume. These features make it simple to use and available to the great majority.
- Reputable Customer Service
BTCC has a good reputation in terms of customer service. The exchange offers users service via live chat and email on its website. It has official accounts on several social media platforms, including X (previously Twitter), LinkedIn, Instagram, YouTube, and Facebook. The website also has a part with blogs, news, and support centres for users who require assistance.
When users encounter problems or have complaints while using the cryptocurrency exchange, they can receive prompt customer service via email and live chat. BTCC provides 24/7 online customer care.
- BTCC Trading Features and Tools
BTCC offers a wide range of trading services, including spot trading, futures trading, and margin trading. It offers high leverage choices for many trading pairs, making it suited for a wide range of traders.
- Welcome Bonus and Campaigns
BTCC currently provides several campaigns. Investors can join in these campaigns and earn interesting prizes. For example, new users can earn rewards up to 10,055 USDT by completing relevant missions such as registration, identity verification, making first deposits, and cumulative futures trading volume. Existing users can earn up to 1,255 USDT per referral when they invite their friends to join BTCC.
Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).
Is KYC Necessary for BTCC?
Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.
Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.
Is There a Mobile App for BTCC?
Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.
Will I Have to Pay BTCC Trading Fees?
Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.
Can I Access BTCC From the U.S.?
You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.
According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.
BTCC Guide:
- How to Trade Crypto Futures Contracts on BTCC
- BTCC Guide-How to Deposit Crypto on BTCC?
- What is Crypto Futures Trading – Beginner’s Guide
- What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
- BTCC Review 2024: Best Crypto Futures Exchange
Crypto Buying Guides:
- How To Buy Bitcoin (BTC)
- How To Buy Picoin
- How To Buy Ethereum (ETH)
- How To Buy Dogecoin (DOGE)
- How To Buy Pepe Coin (PEPE)
- How To Buy Ripple (XRP)
Crypto Price Prediction:
- Ethereum (ETH) Price Prediction 2024, 2025, 2030 — Will ETH Reach $10,000?
- Ethereum Price Prediction 2024, 2025, 2030: How High Can ETH Go in 2024?
- Bitcoin (BTC) Price Prediction 2024, 2025, 2030 — Is BTC a Good Investment?
- Ripple (XRP) Price Prediction 2024, 2025, 2030 — Will XRP Reach $1 After SEC Lawsuit?
- Pi Coin Price Prediction 2024,2025,2030 — Is Pi Coin a Good Buy?
- Pepe (PEPE) Price Prediction 2024, 2025, 2030 – Will PEPE Reach $1
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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