Earn cryptos for free: best methods to earn cryptocurrency
The ecosystem of Web3 and cryptocurrencies allows you to take advantage of many opportunities from week to week. With several options, it is possible to earn cryptos for free or at very low costs to maximize your chances of winning in the sector.
No need to invest crazy amounts of money to generate a more or less significant return on investment. So let's go for a roundup on how to earn cryptocurrency for free.
Summary of the page.
Luckyblock sweepstakes.
luckyblock logo
LuckyBlock is an innovative crypto gaming platform. The project allows you to participate in various raffles as long as you have the project tokens, the LBLOCK. You have the opportunity to win the jackpot by participating in these different sweepstakes.
For the first draw taking place in May, it will even be free. A way to test the concept for online gaming enthusiasts. The prize pool currently amounts to more than 2.2 million euros, while the ticket is sold at a price of $ 5 for those who do not have an Lblock!
Thanks to blockchain technology, the project teams propose a fair and transparent system in opposition to the classic lottery systems. This blockchain project will offer different prize draws in the future and is already generating a certain enthusiasm with more than 50,000 holders of the LBLOCK tokens registered for the first months of activity.
LuckyBlock's mission is to provide a more fair and transparent experience. The online gaming sector is experiencing a great enthusiasm and a strong growth, so this project fits perfectly in the long term.
One can also invest in LBLOCK tokens on different platforms like PancakeSwap to be able to participate in the next sweepstakes in the coming months. While waiting for the draws, you can make these tokens work by staking them.
This allows you to generate interesting interest and make your savings work. A usual practice in the field of cryptocurrencies that allows to strengthen its earnings.
The token should soon be listed on a large centralized platform and LuckyBlock continues its development with a roadmap that can be viewed on the project white paper.
To find out more :
How to buy Lucky Block?
Crypto-assets represent a risky investment.
Staking cryptos and making money.
aqru.
Staking consists of blocking or immobilizing a certain amount of cryptocurrencies in a crypto wallet in order to assist the operations of a blockchain network. For this action, the holder of the immobilized cryptocurrencies earns tokens in exchange.
Overall, a cryptocurrency holder may decide to immobilize his assets with a platform for a certain period, during which he will receive interest. To put it simply, staking works globally like a cryptocurrency savings account, with more interesting return prospects.
If you have cryptocurrencies to keep for the long term, it may be interesting to stake them in order to generate income and interest. This is a low-risk form of crypto investment. Indeed, regardless of the change in the price of cryptocurrency, interest is collected.
Returns and gains in crypto, however, can be very variable, ranging from 5% to 50% in a year. However, it should be noted that only cryptocurrencies validated by the Proof of Stake (PoS) mechanism are eligible for staking. Proof of Wrok (PoW) crypto-currencies such as Bitcoin are not eligible.
More and more cryptocurrencies are being used for staking. Among the best known, we can mention Stellar (XLM), Tezos (XTZ), Ontology (ONG), Komodo (KMD) and many others. However, it is worth to be well informed, staking does not work quite the same way according to cryptocurrencies.
To find out more :
What is staking?
Our full review of Aqru
Crypto-assets represent a risky investment.
The “Play-to-Earn” games.
play to earn.
One of the strongest trends in the crypto ecosystem in 2021 was the arrival of many Play to Earn projects. These games allow you to earn money just by playing. Projects such as Axie Infinity or Decentraland have generated a lot of enthusiasm.
Axie Infinity allows you to raise a creature, an Axie, to make it fight or reproduce to generate interesting gains. Decentraland continues the Play to Earn mechanism with another fundamental trend, that of metavers.
These digital and immersive realities took off at the end of 2021 and this trend is expected to continue. In Decentraland, you can buy different plots and monetize them by adding multiple activities to them. Since these plots are NFTs, you can also resell them to hope for an added value.
Likewise, on Axie, you can resell your more or less rare creatures on a secondary market and generate an interesting added value. By playing, you get the tokens of the projects like the AXS for Axie or the SAND for Decentraland. In the event that the project arouses the interest of users or investors, you can hope for interesting earnings by reselling these tokens. For example, these two tokens had an exceptional 2021.
To find out more :
The NFT games.
Play-to-Earn games
Browse the Internet with Brave Rewards
brave rewardsBasic Attention Token is a project that pays you through the Brave browser. The principle is simple, you are compensated for your attention to the various advertisements offered by this browser. Thus, you earn BAT tokens by browsing the web.
These are usually less intrusive and more neat ads than those that we are used to experiencing on the web. They are also easy to hide if you are not interested in them.
Many large companies already offer campaigns on this ecosystem such as the eToro broker, Nexo or Verizon. On the user side, there is nothing to do since the rewards in BAT, the token of the ecosystem, are added directly to your wallet.
It is then up to you to keep them for the long term or to resell them immediately. This system also makes it possible to better remunerate content creators and could benefit by allowing users to monetize their attention, unlike the Web2 where some big companies are grabbing this juicy online advertising market.
Coinbase Earn.
coinbase-logo
Available in France, Coinbase is one of the largest cryptocurrency exchange platforms in the world. It is aimed primarily at the general public and offers multiple features. Among these, we find Coinbase Earn which allows you to earn different cryptocurrencies for free.
To do this, you must first register on Coinbase via the website or application. Then you just need to watch informative videos to learn more about different projects. Once you have watched these videos, you will have to answer a short questionnaire of a few minutes to test your knowledge about the project in question.
These are relatively simple questions that do not require special knowledge other than the information learned during the viewing. As a result of this, you will receive cryptocurrencies on your Coinbase wallet.
This is a very simple way to earn cryptocurrencies for free while getting informed and educated about different projects. You will receive tokens from the projects concerned, which if they are interesting, can also be valued over time and allow you to obtain an interesting added value in the future.
To find out more :
Our opinion on Coinbase.
Crypto-assets represent a risky investment.
Cryptos AirDrop.
airdrop crypto.
Practical in the field of cryptocurrency, AirDrop are free distributions of tokens for users of a protocol or people who have put tokens in staking in particular. Protocols or new projects thus seek to reward the first users by offering them these tokens for free.
Some ecosystems like Cosmos are known to be generous in the field and you can expect many airdrops by staking your ATOM tokens. We were able to observe it last year with the Juno project in particular, which achieved a significant AirDrop.
Some decentralized finance protocols such as ParaSwap allowing the exchange of tokens in a simple and secure way have also realized their AirDrop. People who have used the service for a certain amount and before a certain date have thus obtained Para tokens for an equally large sum.
AirDrops cryptos are cryptocurrency “dusts” to make it possible to start using a blockchain. For example, you can get a few pennies from Fantom to start using blockchain applications and discover its ecosystem.
Also it may be interesting to spot new projects on the blockchain that interest you to maximize your chances.
To find out more :
What you need to know about cryptos AirDrop.
Faucet crypto.
faucet crypto.
Faucets, which can be translated as bitcoin faucet in English, are Internet sites or mobile applications, which pay tokens (bitcoin or other cryptocurrencies) for small missions or tasks to be completed.
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