Cryptocurrency

Top Ways to Earn Cryptocurrency Without Spending Money

Adilin Beatrice

Get your hands-on big income by following these ways to earn cryptocurrency without spending money

'How to earn money online?' is a very common question that everybody is interested in. Since the emergence of the internet and online sources, many people are engaging in online activities to get their hands on good income. But winning cryptocurrency through online mode is not the most preferred choice. Well! It should be. Backed by blockchain technology and powered by decentralized mode, cryptocurrency is one of the fastest-growing digital assets. Many people are jumping into the digital currency sphere by investing in it. Although there are multiple ways in which investors can earn cryptocurrency, most of them are less familiar among enthusiasts. Besides, everybody's favorite cryptocurrency, Bitcoin, also provides many ways to win them without spending anything from your pocket. While some offer bitcoin or fiat currencies in exchange for your time and effort, some others provide crypto-coin which gives you a choice to buy the digital currency of your interest. Unfortunately, finding the right ways to earn cryptocurrency is tough. Therefore, Analytics Insight has listed the top ways to earn cryptocurrency without spending money.

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Top Ways to Win Cryptocurrency 

Give a Try on Crypto Mining

If you are tech-savvy, then crypto mining is one of the easiest ways you can earn cryptocurrency. However, the process and routines are not the same for all digital currencies. It varies based on the crypto you want to mine. Besides, cryptocurrency mining is also a complicated process. Many think that mining cryptocurrency means you can pick up all the digital currencies you have mined and keep them as yours. But unfortunately, that is not the case in the practical mining process. Miners use their computers to solve complex mathematical equations that validate blocks of transactions. Cryptocurrencies are already created inside a protocol that gets on to the market when it is cracked with valid keys. As a result, the person who engages in the mining process gets a reward. Interested candidates usually join mining networks and engage in mining work with other members.

Engage in DeFi Yield Farming

Similar to crypto mining, decentralized finance projects also need somebody to work for them. But unline mining, is a process of locking the funds in the network. Yield Farming, also known as Liquidity Mining, is a method of locking funds and granting liquidity to a DeFi token. As a result of locking up cryptocurrencies, you will gain a reward. Mostly, the reward comes in form of a digital token. Compound, Kyber Network, and 0x are some of the famous DeFi sources.

Just Shop and get 'Bitcoin Back'

In a move to promote their platform and fulfill cryptocurrency enthusiasts' needs, many online sellers are leveraging disruptive ways to attract consumers. One such idea is 'Bitcoin Back.' Some online sellers are already engaging in this kind of cryptocurrency back for every purchase customers make on their platform. The recent company to join the game is Lolli, a Google Chrome or Firefox browser extension. Similar to Rakuten and Honey, it offers discounts and cash backs when using the portal to shop online. After making payment, Lolli gives a bitcoin back ranging from 1% to as much as 30%.

Get Cryptos through Airdrop

Although earning cryptocurrency through Airdrop is not a risky task, the providers are at a hectic spot between life and death. Yes, when developers want to gain traction for their new digital currency, they send it as a complement to routine crypto investors to garner adoption. Many crypto trading platforms often engage in Airdrops to publicize new cryptocurrencies. They pick out crypto investors who have a certain amount of existing investment. If you qualify, the platform or developer will send Airdrops directly to your wallet.

Earn Cryptocurrency Dividents

Earning interest in crypto dividends is one of the easiest ways to earn more cryptocurrency. You just need to buy some cryptos and hold them for a while. In exchange, developers pay you for holding their digital assets. Besides, you don't even have to stake them in your wallet, just holding them for a while will do the work. The mechanism behind this is that a digital currency's value goes up based on the number of buyers it gets. Therefore, developers try to attract more buyers by showing that they have a good amount of investors already. COSS, CEFF, KUCOIN, and NEO are some of the famous dividend providers. Another crypto platform that offers to earn crypto dividends is CoinRabbit. It's non-KYC, which means that anonymity is one of their major priorities, as well as the APY, is rather high at 10%.

Get Employed at Cryptocurrency Companies 

There is a never-dying need for workers in the cryptocurrency sphere. Cryptocurrency companies are always looking for candidates who can fill digital marketing, content creation, and web designing profiles. Some even offer work at employees' convenience like remote mode, flexible working hours, and part-times. Besides, the companies also offer competitive packages. Therefore, if you happen to come across one, don't hesitate and take up the opportunity.

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