How To Earn Cryptocurrency For Free?

freevoluntarist (42)in #bitcoin • 6 years ago

If you're just starting off learning about cryptocurrencies and you want to dive into the scene without spending a single dime into the market, then you actually do have quite a few options. Everything from faucets, social networks to watching videos. There are many ways to earn Bitcoin and more without asking for donations or gifts from friends.

Read the official article for links!

I'm sure you have heard of more popular coins like Bitcoin, Ethereum, maybe even Dogecoin. Yet not so popular coins like TUBE, MINDS (token) can also help you generate revenue, which we'll get to soon but first the most popular way to get free cryptocurrencies (a slow process but worthwhile)...

Faucets

Cryptocurrency faucets are very popular for people who have no money. Its a very slow process but the earnings are consistent so long as you are consistent.

There is only one site I truly trust when it comes to Bitcoin faucets and that is FreeBitco.in. FreeBitco.in offers a referral system, a dice game, a lottery system, and a chance to win $200 from your free claims! We also support their Dogecoin Faucet as well who has some similar features!

Social Media

Did you know you can earn cryptocurrencies just by being an active member in some social media sites like Steemit, and Minds? On Steemit, you can earn Steem, Steem Power, and Steem Dollars (Steem and Steem Dollars are two distinct cryptocurrencies) from upvotes. The more influential a particular user is who upvoted you, the more likely you'll earn greater rewards from the Steem pool. On Minds, it works in a similar way, except you don't need to have a lot of influence, instead, you just need a lot of activity on your content such as upvotes, comments and reshares to generate more Minds Tokens. Although the Minds token isn't as popular as Steem, you can use a Decentralized Exchange like ForkDelta to sell your Minds tokens for Ethereum!

We for sure think you should check them out especially if you're an active blogger or an active social media user. It's better to make these accounts with other friends so you can support each other. On Steemit, competition is very strong and getting the attention of powerful influencers can be quite difficult at times.

Video / Video Archiving

Just like earning on social media sites you can also earn cryptocurrency by hosting videos, or posting videos on the blockchain, or even getting compensated for watching videos. Every video hosting site has their own way of doing things. Bit.Tube is a site that's in its early stages but they already have a cryptocurrency that you can trade with on some exchanges. LBRY is an archiving service where you download other people's videos and support the network by hosting those videos.

There are a lot more reliable and trustworthy options today than there were a few years ago. Plenty of new sites coming out with cryptocurrencies being a main feature in the site and some Dapps are really competitive and directly targeting popular sites like Facebook, Twitter, etc. You should definitely check them out and try em. No harm in doing so.

As always please be wary of fraudulent practices and do not share out addresses and private keys!