If you’re a loyal user of our site, you are likely interested to earn cryptocurrency to get free crypto. Am I right?
There are more ways to get your hands on tokens, other than the giveaways. I’ve personally experimented with many diverse ways to earn crypto over the past 6 years and here’s a list of my favorite ones.
11 Ways to earn cryptocurrency for free crypto
1. Airdrops – The obvious one for free crypto
Since we’re Airdrop Alert, it’s hard not to state the obvious first. Crypto airdrops are the easiest way to earn cryptocurrency.
You can find a listing of all airdrops here.
But be careful, there are projects who don’t have your best interest at heart. Be smart and avoid the scams.
8 Ways to earn cryptocurrency with airdrops explained
2. Blockchain Jobs – For the worker Bee
The first blockchain developer was Satoshi Nakamoto. The inventor (or inventors) created Bitcoin and released it anonymously under the name Satoshi.
You don’t need to be a developer to work in the blockchain industry. You can do many other things including:
- Community manager – The people’s person
- Marketing – The extrovert
- Customer support – The helper
- Content writer – The creative one
- Manager – The leader type
- Legal – The smart one
The blockchain industry is bigger than the code. You can work in the blockchain if you have the skill-set to work for any company that is on the internet. There are several platforms that provide you with empty vacancies for blockchain jobs.
Interested to work in the crypto industry? Check out Crypto Jobs list.
3. Affiliate Marketing – Sales, sales & sales
Referring people to projects and exchanges was the first way we monetized our site. It’s simple, you send a company users or clients and you get paid a reward. This can be a flat fee or a percentage.
ICO’s often offer their own token as a referral reward. On the other hand, exchanges offer straight up cash into your account. There are many blockchain companies that will offer affiliate positions if you help them grow. Even at Airdrop Alert we offer % commission to forward us clients.
Curious to read more? Become an Airdrop Affiliate partner.
4. Trading – For the strong minded
Bull or Bear market, good traders can always earn cryptocurrency.
Do you have a good feeling when the market is going up or down? Or are you a whizkid good at Technical analyses (TA)? A good technical analyst decides which tokens to trade based on graph projections. It’s an extremely difficult skill to learn and we have laid out the basics for you previously.
Signal Alert is a group of traders proving signal based on TA, find out more here.
5. Bounties – Trading your time for tokens
The difference with Airdrops is that you spend more time and effort earning a bounty.
You can collect different kind of bounties including
- Bug Bounties – Find a bug in the code
- Social Bounties – Provide exposure on social media
- Signature Bounties – Promote projects on the BitcoinTalk forum
- Content Bounties – Create content
Recently Coinbase paid a $30,000 bounty for finding a single bug. This shows that bounty hunters can earn a good amount of crypto with their different skill sets.
Find complete bounty information on Bounties Alert.
6. Mining – For the nerds to earn cryptocurrency
When I heard about Bitcoin for the first time, I immediately start building my own miners. The concept of earning cryptocurrency with a self-build mining rig felt liberating. The era of digital gold, I told myself.
If you’re tech-savvy and not shy to build and run your own miner, it’s a great way to earn crypto. Maybe it’s not the right time to mine Bitcoin’s anymore, but you can mine several other crypto’s. Read more on the different ways of mining in our previous blog on the topic.
If you’re NOT tech savvy, it’s probably best to move on to the next one.
7. Staking – Let your money do the work
Opposite of the previous one, Proof-of-Stake (PoS) coins don’t rely on computer power for their network security.
Deposit a certain amount in a special staking wallet to get qualified as a node. Once you’re a node you approve transactions and get small fees for it.
In general, you simply stake coins in a wallet on a monthly or yearly basis, therefore you earn interest, as it’s good for the network and it’s good for the user. It’s not entirely getting free crypto, as you need to own coins first. However, it does come remarkably close to it.
We have previously covered a piece on several different PoS coins. Feel free to check it out.
But remember it takes money to make money.
8. Hard forks – When communities split you get free crypto
On occasion, the developers of a coin, or community, don’t agree on the future of the project. At these times they usually split into two different coins, which is called a hard fork. Each copy of the code goes on their own way and develops their own idea’s. Therefore the coins will not be a complete 1:1 copy of each other anymore.
Because you held coins at the time of the copy (snapshot), you now have a coin on each of the separated chains. The most famous examples of hard forks are the notorious Bitcoin Cash and the hack surrounding Ethereum classic, which resulted in a decent amount of free crypto.
Perhaps it’s the easiest way to earn cryptocurrency, since you just hold a coin and now you have two!
On the other hand not every hard fork automatically results in new coins. There needs to be support and development on two separate chains for new coins to emerge. Recently Tron did a system update with a hard fork, but there is only one TRX.
9. Masternodes – The digital goldmines
Think of a masternode as a savings account with a minimum deposit of the native coin. A traditional savings account pays interest, and a masternode pays rewards which are very similar to interest. In the case of a masternode, the reward (or interest) comes from performing services for the network. Not from lending. This reward is obviously in cryptocurrency.
What tells apart a masternode and a traditional savings account is that your initial deposit never leaves your possession. That sounds better right?
We compared several masternodes for already.
Read more on these digital goldmines here.
10. Earn cryptocurrency with Ethereum
There are several ways you can get free cryptocurrency by earning ethereum. Some of them are already listed above, but there are also some less obvious ones like Faucets.
Learn more on earning ethereum with Airdrop Alert.
11. Get free crypto with Bitcoin
In addition to earning ethereum, you can also get free crypto by earning bitcoin.
It might come as a surprise, but there are at least 7 ways you can earn BTC and we have all the steps explained already.
Including games like the free bitcoin spinner, where you just spin to collect Satoshi’s.
7 Tricks to earn BTC by Airdrop Alert
We’re happy to know more people are exploring ways to earn cryptocurrency. For us, it’s a signal that slowly people are embracing the opportunities that crypto has to offer.
There are several other ways to create possibilities in this space. We just scratched the surface of getting free crypto opportunities in this blog.
If you enjoyed this story, please click the clap button and share it to help others find it! Feel free to leave a comment below.
5 Problems with airdrops ← P R E V I O U S
N E X T → 6 and a half online security tips
Blockchain entrepreneur since 2013 and founder of AirdropAlert.com. “Crypto has changed my life and I’m here to share my knowledge, experience and enthusiasm with you.”
Favorite cryptocurrency: Ethereum, Stellar & Litecoin
Favorite Airdrops: OmiseGo, BlitzPredict & AELF