Skip to content Skip to footer

11 ways to earn free crypto – Bankrate.com

We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence.
Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
All reviews are prepared by our staff. Opinions expressed are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including any rates, terms and fees associated with financial products, presented in the review is accurate as of the date of publication.
Buying a home
Refinancing your existing loan
Finding the right lender
Additional Resources
Elevate your Bankrate experience
Get insider access to our best financial tools and content
Compare accounts
Use calculators
Get advice
Bank reviews
Elevate your Bankrate experience
Get insider access to our best financial tools and content
Compare by category
Compare by credit needed
Compare by issuer
Get advice
Looking for the perfect credit card?
Narrow your search with CardMatch™
Personal Loans
Student Loans
Other Loans
Loan calculators
Elevate your Bankrate experience
Get insider access to our best financial tools and content
Best of
Brokerages and robo-advisors
Learn the basics
Additional resources
Elevate your Bankrate experience
Get insider access to our best financial tools and content
Get the best rates
Lender reviews
Use calculators
Knowledge base
Elevate your Bankrate experience
Get insider access to our best financial tools and content
Car insurance
Homeowners insurance
Other insurance
Company reviews
Elevate your Bankrate experience
Get insider access to our best financial tools and content
Retirement plans & accounts
Learn the basics
Retirement calculators
Additional resources
Elevate your Bankrate experience
Get insider access to our best financial tools and content
We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free – so that you can make financial decisions with confidence.
Our articles, interactive tools, and hypothetical examples contain information to help you conduct research but are not intended to serve as investment advice, and we cannot guarantee that this information is applicable or accurate to your personal circumstances. Any estimates based on past performance do not a guarantee future performance, and prior to making any investment you should discuss your specific investment needs or seek advice from a qualified professional.
The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
All reviews are prepared by our staff. Opinions expressed are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including any rates, terms and fees associated with financial products, presented in the review is accurate as of the date of publication.
While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation for .
Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We’ve maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next.
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. All of our content is authored by highly qualified professionals and edited by subject matter experts, who ensure everything we publish is objective, accurate and trustworthy.
Our investing reporters and editors focus on the points consumers care about most — how to get started, the best brokers, types of investment accounts, how to choose investments and more — so you can feel confident when investing your money.
The investment information provided in this table is for informational and general educational purposes only and should not be construed as investment or financial advice. Bankrate does not offer advisory or brokerage services, nor does it provide individualized recommendations or personalized investment advice. Investment decisions should be based on an evaluation of your own personal financial situation, needs, risk tolerance and investment objectives. Investing involves risk including the potential loss of principal.
Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions.
We value your trust. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team. Our editorial team does not receive direct compensation from our advertisers.
Bankrate’s editorial team writes on behalf of YOU – the reader. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information.
You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.
Bankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.
We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.
Bankrate.com is an independent, advertising-supported publisher and comparison service. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. Therefore, this compensation may impact how, where and in what order products appear within listing categories. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.
This content is powered by HomeInsurance.com, a licensed insurance producer (NPN: 8781838) and a corporate affiliate of Bankrate.com. HomeInsurance.com LLC services are only available in states were it is licensed and insurance coverage through HomeInsurance.com may not be available in all states. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Who doesn’t like free stuff? Well, those who like cryptocurrency can get their freebies, too. A number of websites offer free cryptocurrency to consumers, and all it takes to get started is a bit of initiative. With crypto’s penchant for price swings, you may get more than you bargained for. And some sites may also offer cash or NFTs, which could be transformed into crypto.
Here’s how you can earn free cryptocurrency for visiting sites and what to look for.
Plenty of crypto exchanges will put some crypto in your wallet if you sign up as a client (just as brokerages will give you cash if you sign up as a client.) You may want to pick the best available option, although it could be worth your time to earn them all. The good news is that this is among the safest options if you’re looking to score free coins, though you’ll need to put up some yourself.
Some of the exchanges offering free crypto include the following:
From time to time other exchanges add promotions or provide time-sensitive bonuses, so stay on the lookout for those additional opportunities.
Staking your crypto can help you earn a continual source of income, and that can be especially advantageous if you’re a long-term buy-and-hold investor or looking to stack up some coins. The rewards vary from coin-to-coin, but those for more speculative coins tend to be higher.
Some cryptocurrencies use a “proof-of-stake” protocol to validate and manage their decentralized system. That gives those who own the digital currency a chance to participate as a validator and earn income through staking their coins. You’ll support the infrastructure, get to hold your coin while doing so and even earn some income, too.
Here’s how crypto staking works and how to get started.
A non-fungible token, or NFT, is a kind of digital asset or artwork, and they’ve become incredibly hot recently. Technically, NFTs aren’t cryptocurrency, but you can trade them for crypto quickly. So how do you get free NFTs in the first place? There are giveaways for those, too.
If you’re on the hunt for NFTs, you have a couple good avenues. First, many new crypto projects offer NFTs as a type of “invite bonus” to their top supporters. You could follow a new crypto on its Discord channel with the hope of participating in an invite bonus pool for the people who drive the most traffic to the channel.
Another alternative is to search Twitter regularly for NFTs giveaways, which may be offered for retweeting and promoting the project itself. A retweet could get you a chance to win an NFT.
Of course, NFT giveaways can create some tax issues, so be aware of those.
Some websites offer you the chance to learn about cryptocurrency and earn a little bit of it at the same time. You may need to watch some videos, take a short quiz and pass to earn the bonus.
Coinbase Earn is one site that offers rewards for learning about crypto, but others such as CoinMarketCap.com also provide an opportunity to rack up free rewards. The thing with these “learn and earn” promos, however, is that you may not always get the cryptocurrency you want.
Looking to combine an easy way to earn interest with cryptocurrency? A crypto savings account lets you earn interest on your holdings while you continue to enjoy their potential rise. And the initial interest rates you receive can be much better than with traditional banking accounts.
One option here is BlockFi’s savings account, which offers a tiered-rate structure. That means the more you have deposited, the lower your interest rate. High-flying coins such as Bitcoin and Ethereum may offer an annual return of a few percent, whereas stablecoins might offer several percent higher interest, helping to make those a more attractive place to hold your money.
Take your cryptocurrency game to the next level and lend money to borrowers and earn interest on the transaction. It’s called decentralized finance, or DeFi, and you can use the power of digital currency and decentralized apps to earn money through peer-to-peer lending.
Regardless of which lending platform or currency you use, however, you’ll want to be careful that the potential borrower can repay the money you’ve lent. Additionally, it may make sense to fund many smaller loans or fund them in connection with other lenders, to help reduce the risk.
If you go this route, however, it’s important that you work with a well-established platform.
Even a few traditional brokerages offer promotions from time to time. However, these bonuses are typically paid in U.S. dollars, but then could be converted immediately to crypto on the platform. Is that reaching too much on the premise of this article? Maybe, but you’ll end up with crypto in your wallet all the same.
One place to begin here is eToro, which operates as a crypto exchange in the U.S., though it’s a traditional broker in other countries. The broker offers a referral bonus to you and your friend if your friend signs up and makes a deposit. Other traditional brokers that offer crypto trading such as TradeStation may run promotions from time to time, too. Then just trade cash for crypto.
The developers of a new cryptocurrency may do an airdrop – a giveaway – of their new coin in order to hype it and generate more interest and excitement around it. You may have to do a few things to have the potential of receiving new coins, such as follow the crypto project on social media, track it on a Discord channel or otherwise support the project.
However, it’s worth noting that many airdrops are scams and, even if they do deliver you some coins, those coins may end up being worthless. That worthlessness may be good for tax purposes – since you won’t owe much, if any, taxes – but it does nothing for your wealth.
If you already have regular cash-back credit cards, it can be easy to make the leap to crypto rewards cards and enjoy crypto in exchange for your purchases. These credit cards may offer rewards on purchases in the form of Bitcoin or other popular altcoins. And other spending bonuses may be available as well.
Two popular options here include credit cards from BlockFi and Gemini.
Of course, the same caveats apply to these cards as they do other credit cards: Don’t run up a huge credit card bill trying to get the relatively modest rewards.
It sounds a bit like an old internet game with a new trick: Take a survey and get some cash. But this time, the cash is crypto. And that’s what some sites allow you to do these days.
One entrant here is Freecash, which offers up surveys, games or other paid offers every day. While you can get your payouts in cryptocurrency, you could also take them as dollars or even gift cards. The site may feel a bit too “bells and whistles,” but you can still earn free crypto.
Looking for a crypto that you earn while you browse the web? The Brave browser may be for you. You’ll earn the Basic Attention Token cryptocurrency for using the browser as long as you have the Brave Rewards program turned on.
Brave blocks the typical ads and cookies, but still gives you the option to see some ads in exchange for cryptocurrency. The program is available in most countries, and the company shares 70 percent of ad revenue with users, it says. Payouts are made once a month.
It’s something you’re doing anyway, so maybe it makes sense to get paid to browse.
The world of cryptocurrency is already rife with scams, and the tales of crypto scams have already been legion for years. That situation can even be worse in the world of free giveaways. That’s because scammers love to prey on those looking for a giveaway on the next big thing.
So it pays to be on your guard when you’re looking for free cryptocurrency. Some crypto scams such as airdrops or initial coin offerings (ICOs) have high potential to be total frauds. Run away from any promotion that asks for your login credentials or private keys to a crypto wallet. Meanwhile, ICOs may have you trade your legit coins for a coin of dubious value.
As usual, if the freebie sounds too good to be true, it probably is.
If you’re looking to earn free cryptocurrency, you have a number of options, from the usual suspects at brokerages and exchanges offering freebies to the unusual, such as airdrops and surveys. As you work through your free options, however, make sure you’re working with a reputable partner or it just may be them who gets your cryptocurrency for free.
Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.
Bankrate.com is an independent, advertising-supported publisher and comparison service. Bankrate is compensated in exchange for featured placement of sponsored products and services, or your clicking on links posted on this website. This compensation may impact how, where and in what order products appear. Bankrate.com does not include all companies or all available products.
Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access
BR Tech Services, Inc. NMLS ID #1743443 | NMLS Consumer Access
© 2022 Bankrate, LLC. A Red Ventures company. All Rights Reserved.

source

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0

Leave a comment

0/5