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5 methods to get free cryptocurrencies: loans, airdrops and more

The two main ways to win cryptocurrencies they are buying them or mining them. In general, anyone entering the crypto ecosystem chooses one of these two paths. But there are others that even allow you to get free cryptocurrencies.

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Various websites offer free cryptocurrencies to consumers, and all it takes to get started is a little initiative. With crypto’s penchant for price swings, you may get more than you bargained for,” he explains for TechMarkup Joaquin Montalvanspecialist in the purchase and sale of cryptocurrencies.

So, there are several ways to receive digital currency without paying anything. Some are relatively common and others less common:

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Make loans with cryptocurrencies

Montalván mentions that “there is a possibility of earning free cryptocurrencies by becoming a cryptocurrency lender.

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In this way, interest will also be calculated on digital currencyso “they will be received without paying a single dollar in return,” adds the specialist.

One of the sites where anyone can become a lender is Aave. On their official website, they are defined as “a decentralized non-custodial liquidity market protocol, where users can participate as depositors or borrowers.”

Get cryptocurrencies through Airdrop

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When a new cryptocurrency is launched, its creators often drop and give away digital currencies in an attempt to appeal to the masses. The airdrops they’re like giveaways, and developers often use them to reward early backers of a project, while drawing attention to more backers.

These gifts can worth hundreds or thousands of dollars. One of the biggest is uniswapwhich in September 2020 released its 400 UNI cryptocurrencies to addresses using Uniswap v1 or v2 contracts.

So you have to be attentive to the new cryptographic projects that are emerging, and chances are you will get some free crypto.

Register with a cryptocurrency exchange

There are cryptocurrency exchange platforms that just by signing up, they will give the user a small amount of cryptocurrency. It is definitely the easiest and safest way to get free crypto.

As it explains JamesRoyal, specialist in Cryptography at Bankrate, “some exchanges periodically give away cryptocurrencies when they carry out promotions or offers”. Some exchanges that sometimes offer crypto in exchange for a subscription include Gemini, Celsius or crypto.com.

In addition, these sites also offer the possibility of generating interest in cryptocurrencies. “At Gemini, they guarantee that you can earn up to 8.05% interest when you import your digital currencies into Gemini Earn,” says Royal.

free NFTs

Although non-fungible tokens (NFTs) they are not cryptocurrencies, can be exchanged for digital currency.

That is, another good system is to get a free NFT and then convert it to digital currencies.

A good system to get free NFT, as recommended caleb robertsone of the creators of Metapurse (a cryptocurrency-based company that specializes in identifying early-stage projects), is look for projects that affect the fate of NFTs. Recommend starting with Rarety.tools.

crypto credit cards

There are classic credit cards that offer rewards to their holders in fiat currency. But there are also crypto tokens; obviously, these advantages are granted in digital currency. It is another good system to get free digital coins.

A good example of a crypto credit card is the card Geminiwith which you can get 3% cashback and rewards on Bitcoin, ethereum or more than 60 cryptocurrencies.

Metal Visa Cards are cryptographic cards of crypto.com, Y they promise rewards of up to 8%.

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