Want to get free crypto? You can get over $100 a month in free cryptocurrency with Freecash!
Everyone loves a freebie, especially when that freebie has the potential to appreciate in value. Whether you’re looking for a low-cost entry into the market or you just want to expand your portfolio, free cryptocurrency is never a bad thing. Luckily, many cryptocurrency companies are giving out free crypto in an attempt to on-board new users or complete simple tasks. Here’s how you can take advantage of these promotions and earn some free crypto today.
Platforms Giving Out Free Crypto
As the market expands, the ways to get free crypto are multiplying as well. The crypto market seems to be on the edge of a new bull market. This is often the perfect time to get into crypto, especially if you can get some for free. Generally, the easiest way to earn some free crypto is through platforms offering various promotions. Let’s take a look at some of the ways you can take advantage of these promotions and get 10s or even hundreds of dollars worth of free cryptos while they’re still available.
1. Freecash
FreeCash is the fastest growing website to make money online from anywhere in the world. Freecash pays you to perform simple tasks like taking surveys and testing apps. You can withdraw the funds you earn in crypto or even straight to your PayPal. Unlike most of Freecash’s competitors, it doesn’t have high minimums to discourage withdrawing the free crypto you get. It estimates that, on average, you can earn enough to cash out in about 17 minutes. It also says that it has paid out its users over $22.5 million, much more than other similar platforms give out. Getting started with Freecash is easy and you can win up to $250 when you sign up (though the chances aren’t very high that you win the top prize).
Overall, Freecash excels at creating a fun, straightforward and lucrative user experience. The wide variety of offers and cashout options, gamified experiences, availability in a wide range of regions and generous earning potential makes Freecash a fantastic choice to earn money online. It isn’t going to give you a boatload of cash instantly but it is one of the most consistent ways to get a significant amount free crypto right now.
2. eToro
If you’re already invested in cryptocurrency or have some spare money you’re looking to invest, eToro is a great option to get free crypto. The exchange offers a $10 sign up bonus to new investors, but you’ll need to deposit and trade $100 to qualify for the promotion. Nonetheless, $10 is a great bonus that you can use to buy over a dozen different cryptocurrencies on the platform. eToro is already a great crypto exchange, the free $10 is just icing on the cake.
eToro offers investors the ability to invest in professionally managed portfolios, making the exchange a great option for new investors. Also, over 20 million users trust the exchange with their funds, as the platform is seen as one of the most secure cryptocurrency exchanges. Moreover, eToro is the perfect option for casual investors, allowing you to buy Bitcoin with the least amount of hassle. You can buy Bitcoin, Ethereum, altcoins and many more tokens with a bank account in minutes, right on the platform.
3. Staking Cryptocurrency
Staking cryptocurrency is one of the most innovative ways to earn free cryptocurrency in the form of interest. Simply put, staking is the way that many cryptocurrencies verify their transactions, allowing participants to earn rewards on their holdings. If you are used to earning interest with a traditional savings account,
There are all kinds of cryptocurrency staking but most types boil down to depositing crypto to earn interest on it. While staking crypto can get complicated (and sometimes risky) on platforms like Aave, Compound and Uniswap, there are options to stake cryptocurrency on exchanges like Gemini, Uphold and eToro. These platforms let you stake various cryptocurrencies including Ethereum. This allows users to earn up to 7% interest paid in Ethereum on users’ cryptocurrency positions.
Uphold is one of the best crypto exchanges for staking because it has a great selection and extremely competitive interest rates. You can earn up to 20% APY on certain cryptocurrencies on the platform.
4. Crypto.com Cash Back
Crypto.com has partnered with Visa to offer a prepaid Visa card with a cashback incentive. If you purchase items under the program, you will earn the Crypto.com coin, MCO. The platform offers different tiers of rewards depending on the amount of MCO tokens you stake on the platform. Generally, the higher the tier, the more free crypto you can get.
The program offers 1%-5% cash back on all purchases which is significantly more than most debit cards. It features 10% cash back on Expedia and Airbnb purchases, and you can even receive a credit for 100% cash back on your Netflix and Spotify subscriptions.
5. Coinbase Earn
Coinbase is primarily a trading platform, but you can also get free crypto worth around $30 (this varies). While $30 isn’t a huge sum of money, those who participated in Coinbase Learn last year now have over $100 worth of free cryptocurrency from the price appreciation. With its Learn program, the platform is giving away free crypto for simply learning about crypto. Currently, you can learn about Chainlink (LINK), Dogecoin (DOGE), Zcash (ZEC), Cosmos (ATOM) and others. Watch a video, take a 3-question quiz and answer the questions correctly to get free crypto. Coinbase will credit the cryptocurrency you learn about into your account, so the program is a great way to get a variety of different cryptocurrencies for free.
Don’t worry — you won’t lose the free money if you get the questions wrong. You can take the quiz as many times as you need to pass.
You must join Coinbase in order to get the free stuff, and this requires that you give your identity and photos to the platform. Coinbase does report to the IRS and other government entities, so don’t come looking for free currency here if you are getting into crypto for anonymity.
You can earn an extra bonus by referring other people to the Coinbase Earn project.
6. Cryptocurrency Airdrops
Cryptocurrency airdrops are becoming more and more popular with each 5 figure airdrop that leaves the majority of collectors behind. Airdrops can be the easiest and the most profitable ways to get free crypto but you often have to be a bit lucky. Almost all airdrops are not announced until after the time window to complete eligibility requirements to prevent people from gaming the airdrop. If you manage to get free crypto from an airdrop, however, it could be life-changing. Recently, the ApeCoin airdrop rewarded early adopters of Bored Ape Yacht Club with 10,000 APE, worth nearly an astounding $100,000 (at the time).
Another popular airdrop was the ENS Token airdrop to any user that held an ENS Domain on or before October 31st, 2021. While ENS domains (better known as .eth domains) only cost around $50, the token airdropped gifted early adopters over $10,000 in ENS governance tokens. Users then had the choice to keep these tokens and participate in governance or sell these tokens for a profit.
Most recently, many investors in the cryptocurrency space benefited from the Optimism airdrop. Optimism is one of the most highly anticipated Ethereum Layer 2 solutions that can support all of Ethereum’s decentralized applications (Dapps). A total of 231,000 addresses were able to claim 214 million OP tokens (5% of the total 4.29 billion supply) at an average of 860 tokens per address. The claim process officially began in May 2022.
Missed the Uniswap airdrop but want some free crypto for doing nothing? Benzinga is in the works of creating Zing Token, a loyalty token based on decentralized content creation. To get 1,000 free Zing tokens, checkout the sign up page on our website.
7. Crypto Faucets
Crypto faucets are one of the easiest ways to get free crypto, but they are also one of the slowest. A crypto faucet is any application that gives you a little bit of free crypto for performing a task like watching an ad or filling out a survey. Most take much too long but there are some outliers which you can find in Benzinga’s breakdown of the best crypto faucets.
Watch Out For Scams
For many people, the words “get free crypto” alone sounds like a scam. And they are right to be suspicious. If someone messages you out of the blue (especially on Twitter) with a great scheme for free money, there is a high chance it is a scam. Another extremely common “get free crypto” scam uses hacked celebrity or influencer posts that say they will double the amount of crypto that you send them. This is always a scam. However, the above methods are considered quite safe because they use some of the best, most-trusted platforms in the crypto space.
Buy, Sell or Trade Cryptocurrency
If waiting around for free crypto isn’t your thing, you can join the millions of traders exchanging value or staking their portfolios to bring in extra cash. eToro, Juno, Gemini, Uphold and Coinmama are some of the best crypto platforms available with incredible functionality and low fees. Take a look at these top brokers and learn the differences in their feature sets before committing.
In a world of uncertain investments, there are few things better than free crypto. Crypto is generally high-risk high-reward but if you get it for free it’s essentially just high-reward. The programs above may be good alternatives for those without the extra cash to put into the crypto market directly or mine for coins. Not to sound cliché, but who knows how long this will last? Crypto platforms are giving things away to get new users like every new product, but no one says they will be so generous when the market becomes more saturated.
If you’ve been curious about cryptocurrency, now is the time to take advantage of this. This is the perfect time to get free crypto. At the same time, be wary of scams!
