How to Get Free Cryptocurrency
Looking for ways to get crypto without breaking the bank? You may be surprised to find there are places where you can get crypto for free.
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Crypto is an unstoppable force in the investing world.
But if you're tight on cash, it feels impossible to get in on the action.
Luckily, there are real, legitimate ways to get crypto for free.
Keep reading to find out how to get free cryptocurrency, including sign-up bonuses from exchanges, staking, and more.
Deposit $100 and Get $10 from eToro USA LLC
- Sign up for an eToro account
- Deposit $100
How to Get Free Cryptocurrency
Cryptocurrency is big business these days, and lots of platforms are vying for your attention. From exchanges to crypto banking services, companies know it's in their best interest to offer enticing rewards to get your business.
That's why some are offering ways to earn crypto for free. Some require an investment of money, time, or energy, but none of them involve buying coins outright.
Below, find out how to take advantage of these opportunities, and how much you can expect to earn.
Cryptocurrency Sign-up Bonuses
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One of the easiest ways to earn free crypto is just by signing up for services that want you as a customer. Several platforms are offering generous bonuses to new members, potentially with some requirements.
Buy $100 in Crypto and Get $10 Bonus from eToro USA LLC
- Sign up for an eToro account
- Deposit funds
- Invest in $100 worth of crypto
You'll automatically receive $10 directly to your account balance. Offer only applies to US customers. eToro USA LLC; Virtual currencies are highly volatile. Your capital is at risk.
Cryptocurrency Cash Back & Rewards
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With crypto rewards and cash back, you can get free coins just for doing things you do anyway—like buying groceries, filling up on gas, and paying your bills.
Crypto.com Cash-Back Rewards Card
You can find a range of crypto Visa rewards cards on Crypto.com.
They're more like prepaid debit cards than credit cards and are funded through your crypto wallet balance on Crypto.com, allowing you to spend your coins in real-time.
By using these rewards cards, you can earn 1% to 8% cash back, paid in CRO, Crypto.com's native token. How much you earn depends on how much CRO you're staking, and those with higher account balances receive higher rates.
Here are some features of Crypto.com's rewards cards:
- Most cards have no withdrawal fees
- ATM withdrawal limits are from $200 - $1,000 per month[1]
- Can be used wherever Visa is accepted
- Plenty of rewards, such as cash back on subscriptions services, travel expenses, and access to airport lounges
Lolli Rewards App
You can earn Bitcoin rewards just for shopping at your favorite retailers by using Lolli, a popular rewards app. It works at over 1,000 merchants like Best Buy.
Rewards rates go as high as 30% and vary by retailer.
Lolli is able to offer these rewards because stores pay them to get you in the door—metaphorically speaking, since it works online as well. Their brand partners pay them when you shop, and they pass on some of that money to you.
Lolli is available for iOS, Android, and desktop users.
Upgrade Bitcoin Rewards Card
You can earn 1.5% cash back in Bitcoin when you shop with the Upgrade Bitcoin Rewards Card, offered in partnership with Visa.
It's accepted wherever Visa cards are and can be used with Google and Apple Pay.
There's no annual fee, no late fees, no returned payment fees, and you can start using a virtual version of the card as soon as you're approved.
There are no special requirements you need to meet for earning your rewards, meaning it works wherever and whenever you shop, and there are no limits on how much you can earn.
Depending on your credit score, you may be able to obtain a credit line between $500 and $25,000 with the Upgrade card.
Rewards Checking Plus - Up to 2% Cash Back
- Up to 2% cash back on purchases.
- No monthly fees
- Get paid up to 2 days early.
- Maximize your rewards with direct deposit.
Staking Crypto
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One of the ways to get free crypto is to have some already. With staking accounts, you get paid just for storing your crypto.
With staking, you provide coins like Ethereum that are used to verify transactions on the blockchain. In exchange, you earn rewards.
Below, find out how to earn free crypto with staking.
Stake Crypto
Earn Crypto with Online Tasks and Surveys
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Some platforms will let you earn crypto for completing simple tasks like surveys and watching videos.
Coinbase Earn Rewards
With Coinbase, you can earn crypto just for learning about crypto.
You can earn cryptocurrencies like Amp, The Graph, and Stellar Lumens while you learn more about them. Watch videos and take quizzes that usually take 1-3 minutes, and earn about a dollar a minute.
Toluna Surveys Rewards
If you like taking surveys online, you may be pleased to learn that Toluna, one of the more popular consumer research platforms, has partnered with NeoCurrency to offer crypto rewards.
Let Toluna know what you think about various brands and you can earn a $20 Bitcoin Digital Card for your efforts.
Bottom Line
Whether you're new to crypto or you've already got some coins sitting in your wallet, there are lots of easy ways to earn free crypto.
Ultimately, the sign-up bonuses and task-based rewards will get you started, but they'll only take you so far.
If you're really interested in building your crypto portfolio without spending money on it, cash-back rewards are your best bet.
They provide the easiest path to accumulating crypto over time, without dropping your entire paycheck on an investment.
References
- ^ Crypto.com. Crypto.com Visa Card Fees and Limits (United States), Retrieved 4/30/2022
Jeremy Harshman is a creative assistant at CreditDonkey, a crypto comparison and reviews website. Write to Jeremy Harshman at jeremy.harshman@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.
Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.
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