9 ways to earn free crypto in 2024

9 ways to earn free crypto in 2024







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9 ways to earn free crypto in 2024

Discover the top ways to earn free crypto in 2024 at no initial cost. Explore opportunities and start building your portfolio today, from airdrops to crypto credit cards and staking.

In the fast-paced world of cryptocurrency, the llure of earning digital currencies for free has captured the imagination of enthusiasts and skeptics alike. As we enter 2024, the landscape offers several methods to acquire crypto without direct investment, each with unique appeal and challenges. 

This guide outlines nine ways to earn free crypto. However, these methods don’t promise instant wealth and carry certain risks and uncertainties. Proceed with caution and a well-informed approach as we delve into these opportunities together.

Airdrops

An airdrop occurs when a blockchain project distributes free tokens or coins directly to the wallets of active community members, often as a strategy to bootstrap a project, reward early adopters, or encourage the decentralization of tokens.

They can be a lucrative means to diversify your crypto portfolio without financial outlay. However, it’s crucial to approach them cautiously, as the space is also ripe with scams. Thorough research and security measures are paramount to benefit from these opportunities safely.

Browsers and search engine rewards

Certain browsers and search platforms, like Brave and Presearch, let you earn crypto rewards simply by viewing advertisements or conducting online searches

Brave rewards users who view ads can earn Basic Attention Tokens (BAT), which can be withdrawn or used to support favored content creators, promoting a cycle of valued content and privacy control.

Similarly, Presearch rewards users for searches made on its decentralized platform, giving up to 0.5 PRE tokens per search. However, the platform sets a minimum withdrawal limit and checks to ensure searches are genuine, aiming to provide users with a fair and satisfying experience.

Crypto credit and debit cards

Earning cryptocurrency through credit cards has become more accessible thanks to crypto-based rewards or cashback options. Nowadays, several credit card providers have embraced the digital currency trend by offering cryptocurrencies as rewards. 

With these cards, you can accumulate rewards on your everyday purchases and then move the earned cryptocurrency into your digital wallet for safekeeping or further use. 

Alternatively, opting for a crypto-specific credit card lets you earn crypto directly as you spend. These cards function much like any regular credit card. Yet, instead of traditional cashback or points, you receive cryptocurrency rewards that you can utilize for a wide range of products and services.

Below are a few examples of crypto-specific credit cards and the cashback each of them offers: 

CARDCASHBACK
Coinbase Card4% back in XLM, GRT or 1% back in BTC, ETH, DOGE, DAI
Gemini Mastercard3% on dining ($6,000 reward cap/ year, then 1%),2% on groceries,1% on other purchasesCashback can be paid out in 60+ supported cryptocurrencies
Binance Card0,1% in BNB (0 BNB holdings; $50 reward cap/ month),2% in BNB (1 BNB holdings, $100 reward cap/ month),3% in BNB (10 BNB holdings, $150 reward cap/ month),4% in BNB (40 BNB holdings, $200 reward cap/ month),5% in BNB (100 BNB holdings, $275 reward cap/ month),6% in BNB (250 BNB holdings, $350 reward cap/ month)8% in BNB (600 BNB holdings, $500 reward cap/ month)
Nexo0.5% in NEXO Tokens or 0.1% in BTC (Base user),0.7% in NEXO Tokens or 0.2% in BTC (Silver user),1% in NEXO Tokens or 0.3% in BTC (Gold user),2% in NEXO Tokens or 0.5% in BTC (Platinum user)
Crypto credit cards comparison

Crypto lending

Crypto lending involves lending digital assets to others in exchange for interest payments in cryptocurrency. This can happen on trading platforms, where users lend their crypto to those wanting to trade on margin or on specialized platforms made for crypto loans.

However, it’s important to be cautious when choosing a platform and borrowers to make sure you get repaid. Diversifying your loans or co-lending can help reduce risks. If you choose to do this, partnering with a reliable platform is key.

Here are some examples of crypto lending platforms and the annual percentage yield (APY) they offer on certain cryptocurrencies:

PLATFORMAPY on BTCAPY on ETHAPY on USDTAPY on USDC
AAVE0.09%2.05%10.48%11.84%
Binance0.04%0.63%5.11%5.94%
CoinLoan5.2% – 7.2%5.2% – 7.2%10.3% – 12.3%10.3% – 12.3%
Crypto.com0.2% – 3.65%0.2% to 4.2%0.4% – 5.8%0.4% – 5.8%
Crypto lending platforms comparison

Learn and earn free crypto

The learn and earn method involves crypto enthusiasts engaging with educational content, like videos or articles about new cryptocurrencies, and completing simple quizzes or tasks to get free crypto tokens.

Leading platforms like CoinbaseBinance, and CoinMarketCap offer users the chance to earn free crypto through learning. To participate, users need to open an account and complete the necessary know-your-customer (KYC) verification.

You can earn crypto by watching decentralized YouTube alternatives. Certain platforms reward users with cryptocurrencies for watching videos online.


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