Start Earning *Free* Crypto Today!
1. Open a Crypto IRA Today!
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Now, onto the fun stuff….
By far the fastest and easiest way to begin earning passive income in cryptocurrencies or what we like to call *Free bitcoin is simply to begin referring people to the sites and tools you’re probably already using like Coinbase.com or Binance.us. If you’re completely new to cryptocurrencies and don’t know what those sites are, don’t worry, I’ll explain below.
3. Cryptocurrency Exchanges:
Coinbase is one of the most widely used U.S.-based public companies and trusted cryptocurrency exchanges in existence right now.
Your 1st step into the world of cryptocurrencies is to set up an account on Coinbase.
You can sign up and create an account in just a few short minutes at either of the links below:
When you sign up for a Coinbase account you'll receive $10 free just for opening the account after you trade your first $100 in cryptocurrency. Full disclosure, I'll also receive a $10 crypto bonus in my account for referring you. It's a Win Win for both of us. Just Click Here Now to get started.
Plus, when you sign up for the affiliate program on Coinbase you'll earn a percentage of the trading commissions generated by your referral. It makes earning passive income or *Free bitcoin a no-brainer.
Coinbase also has a great Earn While You Learn Crypto Program where you can earn various cryptocurrencies simply by learning about them. For example you can earn $40 free in Stellar Lumens (XLM) just for watching a 10 minute video about Stellar. It's simple, quick and easy, and it's essentially FREE Cryptocurrencies right into your Coinbase wallet. Click Here to learn more about Coinbase's Earn While You Learn program.
Once you set up an account on any of the major cryptocurrency exchanges, the next thing to do is ensure you are able to keep your cryptos secure. Once of the best ways to do that is to store your cryptocurrencies in a hardware wallet. It is never recommended to keep them on an exchange for extended periods.
4. Hardware Wallets
5. Buy and HODL
Trust me from someone who has seen multiple bust and boom cycles in this crazy crypto rollercoaster ride; it's not about "timing" the market, it's about "Time in the Market."
While nobody can predict the price of what various cryptocurrencies will be next week, next month, or even next year, from some who's been in the market for a while now, although not financial advice, I am pretty confident what when I look back in 5 years, the price of $BTC and ETH will be significantly higher than it is today.
It's like buying Tesla below $100. You just buy it. If nothing fundamental to the company changes, you never sell it. It's how Warren Buffet made so much money with Coke and how Jeff Bezos made so much from Amazon. They never sold their stock. They got extremely rich by "not" selling great assets. You make your money when you "buy" not "sell". So BUY great assets at a great price, and HODL. Don't let fear and greed drive your decisions. Trust me on this, it's like earning "free" crypto when you just HODL and don't get pushed out of the market by fear. Yes it's volatile; learn to live with volatility.
6. Cryptocurrency Staking
Staking crypto is a way to earn interest and rewards using cryptocurrencies. In the past, asset appreciation was the main way to make money with crypto. Essentially, you’d buy a crypto asset like $BTC and wait for the price to (hopefully) go up. With crypto staking, there is now an entirely new way to earn a return on cryptocurrency investments.
staking is a way that holders of various cryptocurrencies can earn rewards on their selected crypto in exchange for helping to secure the blockchain. With proof-of-stake networks like Ethereum, Avalanche, or Solana, individuals can delegate their tokens to validators, computers that secure the blockchain by validating the network transactions.
For example, Coinbase makes it easy and secure to stake your ETH in just a few taps, and at the time of this writing, the rewards rate is up to 4% APY. The network sets the reward rate for ETH, which can change over time. That's a "free" 4% for staking your crypto with Coinbase.
7. Crypto Trading Bots
8. Crypto Mining
Mining involves using computer processing power to solve complex mathematical problems, helping validate and secure blockchain transactions. This type of "mining" is called Proof-of-Work or PoW for short. This contrasts with the Proof-of-Stake or PoS type "mining" Ethereum uses to validate its blockchain transactions. Without getting too technical, these are different blockchain consensus algorithms used to secure and validate their respective blockchains. There are several different types of consensus algorithms, but PoS and PoW are two of the most common.
With the onset of shared mining pools and cloud-based mining, it is easy for almost anyone to get involved in crypto mining for "passive" income or simply as a hobby if you like building and running your own mining rigs. Although building and running your own mining rigs can get expensive, not to mention the electricity costs, if you're the more technically inclined, you may find it extremely rewarding to build your own PC mining rigs and watch the cryptocurrencies "drop" into your digital wallets.
I've been running various cryptocurrency mining rigs using several blockchain consensus algorithms for years, and I find it extremely rewarding and fun.
9. Earning Through Work
Platforms like Bitwage allow you to receive your salary in Bitcoin or other cryptocurrencies. Alternatively, you can offer your services in exchange for crypto if you're a freelancer.
One of the easiest ways to build up your crypto portfolio and earn in crypto is to do freelance or side gigs in return for payment in crypto like USDC or USDT. If you enjoy writing and are passionate about crypto and blockchain, you can apply here to write for us and get paid in USDC for your content.
Alternate sources to list your freelance talents include Upwork.com, Fiverr.com, Freelancer.com, Guru.com, and Toptal.com.
Although it's beyond the scope of this post, if you have a background as a developer, you may want to look into the lucrative field of Blockchain Smart Contract Security. I'll dedicate an entire blog post series on this shortly, covering the steps from A to Z on becoming a Blockchain Smart Contract Auditor and Security Researcher.
10. Token ICOs
11. (Bonus) - Airdrops
Although I've added Airdrops here as another way to earn "free" cryptocurrency potentially. This is probably another area I would avoid for someone just getting started with cryptocurrencies and blockchain. Don't get me wrong, I've made a few $thousand dollars with airdrops over the years, but very early on in my crypto days, I was also scammed out of some crypto through an airdrop scheme. It happens to the best of us.
If you're not familiar with Token Airdrops, this is where crypto token projects will select eligible wallets of their blockchain’s active community members and send them a specific amount of the new digital currency, usually for free or in exchange for carrying out a task like retweeting a tweet shared by the company issuing the new cryptocurrency. The main objective of an airdrop is to create awareness of the new token, boost circulation, and to decentralize the token holders.
An example of this is Arbitrum. Arbitrum is planning an airdrop for its new ARB token to boost awareness.
But like I said, this is an area rife with scams, and it is probably best to simply avoid them unless you know the project, trust the site you're dealing with, and you cross your T's and dot your I's. I bid you safe travels for you in these waters.
12. In Conclusion
And there you have it, future crypto aficionado! Embarking on your crypto journey might feel like stepping into a vast digital universe, but remember, every expert was once a beginner. Stay curious, keep learning, and always prioritize on your digital safety. The world of cryptocurrency isn't just about making gains; it's about being part of a revolutionary shift in how we think about and use money. So, take a deep breath, trust the process, and enjoy every step of this exciting adventure. Welcome to the crypto community, and here's to many rewarding experiences ahead!
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