Since the rise of crypto, a lot of people want to get their hands on them. The coin market is growing like crazy. It seems everybody wants to take advantage of this opportunity, but can you blame them? But for many people they would not like to risk their money in a sector that they do not fully understand. Leading to many looking for ways of earning free cryptocurrency.
This has led to a very competitive space. And due to this many coin companies will offer incentives to allow people to bring attention to their product or platforms that facilitate exchanges. Free cryptocurrency convenient way for companies and startups to market their products.
However, the “free” should not mislead you. You still have a lot of work you’ll need to do. You’ll have to scour the internet for these deals and giveaways. On the bright side, you will not spend your money theoretically. I would also want to tell you to be careful and watch out for scams. But I believe my audience is smart and sharp and actually look before they leap.
This is when free tokens of a particular cryptocurrencies are given out to the community. This happens after the project has completed its ICO and it’s tradable on the market.
It’s done to gain followers and build the community and bring business their way. Simple, right? Well, that’s half the story. In the early years of crypto it worked but since the market has flooded with coins its hard to get a legit deal.
Most airdrops expect you to join their telegram account, follow them on twitter and things along this line. As I said it’s a marketing strategy and they want engagements and you want free crypto. You do need to be extra careful when dealing with this free cryptocurrency give-away, but there’s some level of opportunity to be had.
Faucets for free cryptocurrency
These are websites where people can earn cryptocurrencies through doing simple tasks like watching ads, sharing them, following their social platform. Simply put, you get paid for carrying out a simple task. However, you’ll probably get very little coin. A Satoshi which constitutes to (0.00000001 BTC) per task. This is by no means a get rich quick exercise.
Affiliate Marketing and Referrals
Affiliate marketing is where you market crypto on your blog or social media platforms and when people use your referral code you get free crypto. They are all much and the same. This has been used in very many industries. It’s a tried and tested method and it works well for everybody. This is one that needs one to work. To be patient and focused.
Work with The Startup for free cryptocurrency
You can also lend a hand to the startup that has launched and help them in return for coin. Many startups really appreciate this. You could detect a bug in their code. This may seem like a long shot, but it’s much better and leads to a better relationship between everybody. Id suggest you really try this one.
The title, “free cryptocurrency” may have been misleading but you ought to know, nothing is free. It’s only that you aren’t spending any money. But most of these methods will have you up all night. And obviously there’s many more methods one can choose to adopt.
What I’m trying to tell you is that you’ll have to work. Forget the get rich quick notion because you’ll burn out and it will all be for nothing. Perform due diligence and ensure you are ok with whatever you have to do. Come to think of it.
Doing some small tasks and have a chance to own crypto. Maybe the best decision you made, or not. I hope I’ve not completely wasted your precious time and you’ve found this article helpful. Thank you for your company. Happy hunting.