Ways To Earn Free Cryptocurrency in 2023
Want to jump straight to the answer? The best cryptocurrency brokers for traders are Coinbase and Gemini
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Digital currencies have taken the entire world by storm. Millions of people have started developing huge portfolios in the crypto world. This includes individuals, traders, brokers, corporations, and digital currency exchanges. In the quest to promote the industry, these entities offer exciting chances to earn free bitcoin and other digital currencies.
If you are a crypto enthusiast or a beginner then this article is all about those questions that are in your mind about way to earn free crypto earnings. This includes the top 7 ways that can help you to earn cryptocurrency and know the best digital currency exchanges along with expert answers to most of your general queries regarding how to earn free cryptocurrencies.
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7 Ways to Earn Free Cryptocurrency: Best Platforms that gives free Crypto
#1. Coinbase Earn
Coinbase has got an entire encyclopedia of cryptocurrency and offers the world to learn and earn crypto through Coinbase Earn. For those who have just started their crypto journey, Coinbase is an all-in-one place. The best part is that Coinbase is already a reliable platform within the global crypto space so users do not have to worry about getting into any kind of scam or fraud.
It’s a legit way for those who want to get free rewards for taking interest in the crypto space. Users have to register themselves on the website, watch videos, complete quizzes, and earn crypto. With more than 56 million users worldwide, Coinbase has already become the world’s largest cryptocurrency exchange by operating in 100+ countries.
Coinbase Earn is a great way to explore how specific digital currencies work. From Crypto Basics, tips, and tutorials to guides and videos, it has got a lot of content about digital currencies. It offers a wide range of courses for specific cryptocurrencies like Amp, Stellar Lumens, The Graph, Enzyme, Compound, and several others in the crypto market.
#2. Freecash
Among today’s most renowned and trusted platforms to earn free cryptocurrency, Freecash appears to be worth mentioning. For all those people who are looking for an easy and reliable source of passive income, it is one of the best crypto faucets to choose from. All they need is to collect as many coins as possible that are converted into cryptocurrency.
Freecash allows users to earn $1.00 (amount users get against earning 1000 coins on any task) per 5 to 10 minutes of required activity. The user is required to sign up, pick a task, complete it, and earn cryptocurrency. It is also evident that various users are making huge stacks of money. These stats can easily be accessed by visiting the leaderboard page of its website.
Freecash encourages people to start earning passive income by completing exciting tasks such as playing games, filling out unique surveys, watching ads, etc. Every user gets access to a dedicated account and dashboard where they can see real-time stats, current tasks, current earnings, account analytics, and many other features.
#3. Staking Cryptocurrency (Coinbase & Gemini)
In addition to the most famous and reliable platforms that offer users to earn free digital currency, there are some expert ways to earn free crypto and make additional earnings in the crypto space.
It is a unique and worthwhile strategy that enables users to earn some amount of interest for holding specific digital currencies. Technically it encompasses the concept of committing virtual currency assets to assist a blockchain network and confirm transactions.
To stake cryptocurrency, only those digital currencies can be utilized that use the proof-of-stake model. Those who own such crypto coins can choose the currency that they want to hold and earn rewards which can be easily done through several famous cryptocurrency exchanges like Coinbase and Gemini.
This means whenever a new block has been added to the blockchain, new coins are minted and staking rewards are given to the validators (trader becomes a crypto validator) who pledged the exchange to hold their crypto for staking.
The more coins are pledged by the validator, the more will be the chances to become a validator and earn attractive rewards. In most cases, crypto traders combine their assets into a pool and pursue cryptocurrency staking to increase their chances of being chosen as a validator who could then earn real money for holding a certain digital currency. For many, staking is the best, easiest, and guaranteed way to earn interest for their cryptocurrency holdings.
#4. Crypto.com Cash Back
Crypto.com is one of the world’s most renowned cryptocurrency exchanges and serves more than 10 million users globally. It ranks among a few of the fastest-growing virtual currency trading platforms. With respect to earning free cryptocurrency, the case is a bit different when it comes to Crypto.com because it is about CRO cashback titled “Pay Rewards”.
Crypto.com is widely known for its unique cashback offers that its users from all over the world enjoy. Basically, the exchange offers its own Visa Card, and making purchases through it brings unbelievable cash backs on purchasing mobile airtime, gift cards, entertainment subscriptions, and sharing CROs with friends.
The cashback terms are quite simple and easy to ensure. Users with an active deposit term of 10,000 CRO for three months in Crypto Earn and those who have staked 10,000 CRO in their Crypto.com mobile app or Crypto.com exchange are eligible for these cashback. From Food, Grocery, Fashion, Entertainment, and Games to Hotels, Airlines, Financial Services, and many other segments are covered under this program.
