The 5 Best Ways to Earn Money on Crypto for Free
Cryptocurrencies are on the rise, and some people are making big bucks through it. But what if you want to get in on the action without spending an arm and a leg? You’re in luck, because we’ve compiled five of the best ways to earn money on crypto without investing your own money in them.
- Follow & Engage With High-Quality Communities
Whether you’re a musician or an artist, promoting your work through social media can be a great way to earn some extra crypto. Social media has proven itself as one of the most effective ways of gaining exposure and connecting with people, so it makes sense that social networks like Facebook and Twitter are among some of top platforms for making money in crypto.
- Post Regularly in Discussion Groups
One of my favourite
ways to make money in cryptocurrency is through discussion groups. The great thing about them is you don’t even have to go looking for them, they find you! I like several groups, but two are EOS Go and Cryptocurrency Talk. They’re free and they allow me to let my opinion be heard while earning a little along the way.
- Join and Participate in Bounty Programs
Bounty programs allow crypto users to earn free tokens by completing simple tasks that promote a new ICO. For example, you can join a Telegram group or perform Google searches. Most bounty participants never cash in their free tokens, but it’s a fun way to interact with a new project—and if you like what you see, you might decide to buy more tokens later. Once your account is verified, most platforms will automatically credit your wallet with a small amount of digital currency once or twice per week.
- Donate Cryptocurrencies to Charities
If you’re really interested in making a difference and earning crypto at the same time, donating your favorite coins to charity is a great way to go. The cryptocurrencies you donate will be converted into fiat, which can then be used by nonprofits as they see fit. It’s an easy way to help others while also helping your portfolio grow. Plus, it’s one of those causes that feels good while also being lucrative—win-win!
- Buy Low and Sell High
If you’re looking for a way to invest in crypto and make some money, then you’ve got a couple of different options. Sure, you could buy at market price, hoping that your hunch is right and that it will go up from there. Or you could sell someone else’s coins—or yours—at more than what they cost.