Crypto prices are rocketing, but it's not too late to get in on the action.
If you have been watching the price of Bitcoin, Ethereum and various altcoins recently, you will know that we are now in the full flow of a crypto bull market. For many, there will be a temptation to 'FOMO' into the market for 'Fear Of Missing Out'; for others, the concern that they may have missed the boat now that crypto prices are reaching all time high valuations. But fear not - you can still build a portfolio of cryptocurrencies at no cost! If you take advantage of all the opportunities listed below and you are patient, there is genuine value to be accrued. In this guide, you will be introduced to 6 easy ways to earn free crypto in 2021.
How can I earn free Crypto?
There are many articles on the web offering suggestions about how to earn free cryptocurrency, but most of them are either outdated or misleading. Theoretically you can still mine Bitcoin, but the days that this activity led to free Bitcoins are long gone. The hardware and energy costs are prohibitive and you’re competing with major Chinese corporations mining on an industrial scale. That ship sailed long ago!
Similarly there are other opportunities if you already hold a portfolio of cryptocurrencies or if you are tech savvy enough to exploit the more complicated methods in the crypto space. I’m guessing though that the reason you are here reading this page is that you are new to the cryptosphere and that you have arrived at Crypto On-Ramp because you are looking for a simple and helpful explanation of how to get started. Good choice. So what I have included here in this article are the ways in which you can actually earn free crypto, taking advantage of simple and uncomplicated opportunities, here and now in 2021.
How do you get free Cryptocurrency in 2021?
Let’s start with how you can earn free cryptocurrency while you browse the web.
Brave is a free and open-source web browser developed by Brave Software, Inc. and based on the Chromium web browser. If you want to earn free crypto in the form of Basic Attention Tokens (BAT), use Brave as your default browser. You earn free BAT cryptocurrency and genuine value while you surf the web – it’s that simple.
Because it’s built on Chrome, Brave is virtually identical in performance and stability, but it’s also the most private, most secure and possibly fastest browser out there. Brave blocks ads and website trackers, and provides a way for users to send cryptocurrency contributions in the form of Basic Attention Tokens to websites and content creators.
Once you have the browser, turn on Brave Rewards to earn your BAT tokens for viewing privacy-respecting ads. You can set the number of ads you see per hour, up to a maximum of 5. I recommend you set at the maximum to generate the most free crypto.
How much is BAT token worth?
By signing up for Brave Rewards, you’ll be earning BAT (Basic Attention Token), which is a credible and successful crypto ERC-20 token, and already trades in a number of pairs including USD/BAT. BAT is currently a top 100 cryptocurrency, sitting at #71 on Coinmarketcap. BAT currently trades at around $0.44 and has a market cap of over $659 million at the time of writing.
You will need to open a wallet account at Uphold to receive and store your BAT and link your wallet to Brave, but it’s a simple and secure process that Brave walks you through. Uphold has plenty of other functionality as a digital and crypto wallet, but you could just use it for this purpose and then transfer your BAT to another wallet, such as Metamask, MyEtherWallet or even to Coinbase, if you prefer.
Presearch is a decentralised search engine that is built on the Ethereum blockchain. Presearch is powered by a network of decentralised nodes, which provide the computing resources to power the Presearch Engine. Anyone can operate a node, which can be installed on any computer or server that supports Docker, and users running nodes are also rewarded with additional PRE tokens. As Presearch is decentralised, it is powered by the community, for the community.
For those who are fed up with all the adverts on Google, using Presearch enables you to search privately, receive better results and get rewarded with free PRE cryptocurrency: an ERC-20 token on the Ethereum blockchain. These rewards - in the form of PRE tokens (the Presearch cryptocurrency) - are provided to searchers to incentivise them to switch to the Presearch Engine from Google and other search engines. The Ethereum blockchain enables PRE token holders to easily transfer, sell, buy and store their PRE tokens, as well as view all transactions on the network in an open, transparent manner (e.g. on Etherscan).
How much is PRE token worth?
PRE is currently a top 500 cryptocurrency, sitting at #447 on Coinmarketcap. PRE currently trades at around $0.08, up 5925% from its price in November 2019, and has a market cap of over $31 million at the time of writing.
What is Keyword Staking?
Finally, Presearch offers a really cool feature of ‘Keyword Staking’. The Presearch keyword staking platform enables advertisers to bid on keywords using PRE tokens to have their ads displayed. Just like on Google, where companies and individuals can pay for priority positioning on their chosen keywords, those who stake or commit the most PRE tokens to a keyword will have their ad displayed.
COR Tip: Install the Brave browser and the Presearch engine together to earn free crypto every time you surf the web. It’s an absolute no brainer and has the advantage of removing all that annoying advertising from your online experience!
3. Pi Network
Pi is another new and exciting project in the crypto space that allows users to mine its native Pi tokens free and at low energy on their smartphones. The Pi Network has been developed by a group of Stanford PhDs and although we have been through the first halving, having passed 10 million users, it’s still a great time to get in early and to mine free crypto. They have just moved to phase 2 by launching testnet and it is expected that Pi will soon be used for commercial purposes as apps and dApps are developed on the platform.
Pi’s mission is to build a cryptocurrency and smart contracts platform secured and operated by everyday people. As the world becomes increasingly digital, cryptocurrency is a next natural step in the evolution of money. Pi has positioned itself as the first digital currency for everyday people, representing a major step forward in the adoption of cryptocurrency worldwide.
The Pi core team set out to build the world’s most inclusive peer-to-peer marketplace, fuelled by Pi, which they hope will become the world’s most widely used cryptocurrency. That explains why they found a way to allow everyday people to mine Pi and earn cryptocurrency rewards for validating transactions on a distributed record of transactions.
Currently Pi tokens cannot be traded and have no market price as the network is still in beta. However that will likely change in 2021 and the economic model plans to strike a balance between creating a sense of scarcity for Pi, while still ensuring that a large amount does not accumulate into a very small number of hands (like Bitcoin!). Pi wants to ensure that users earn more Pi as they make contributions to the network. Pi’s goal is to build an economic model that is sophisticated enough to achieve and balance these priorities while remaining intuitive enough for people to use.
In contrast to Bitcoin, which created a fixed supply of only 21 million coins for the entire global population, Pi creates a fixed supply of Pi for each person that joins the network up to the first 100 Million participants. In other words, for each person that joins the Pi Network, a fixed amount of Pi is pre-minted. This supply is then released over the lifetime of that member based on their level of engagement and contribution to network security. The supply is released using an exponentially decreasing function similar to Bitcoin’s, over the member’s lifetime.
In summary, Pi makes crypto mining easy. Breakthrough technology allows you to mine free crypto on your phone without draining your battery. Furthermore, if you spread the word and set up a network of trusted friends who are also mining Pi, it increases your mining rate. All you need is an invitation from an existing trusted member on the network. As a reader of Crypto On-Ramp, you can join the Beta and download the mobile app here and start earning today! Use the invitation code RtDavies05081219
To learn everything you need to know about the Pi digital currency, click here for COR's detailed article.
4. XYO Network
XYO is an ERC20 token, based on the Ethereum blockchain, which runs on the XY Oracle Network. XYO is particularly exciting as it can be mined on a smartphone, via the COIN app, enabling users to earn free cryptocurrency. With the COIN App, you can geomine as you go about your day and earn COIN tokens in exchange for providing anonymised location-based data to the XYO Network. XYO operates a decentralised network of devices that anonymously collect and validate geospatial data, i.e. data with a geographic component. At the centre of the system sits an exciting new cryptocurrency that incentivises the ecosystem - the XYO Token.
The digital coins earned in the COIN app can be exchanged directly for XYO once a minimum balance of 10k coins is reached. XYO is traded on a number of crypto exchanges, including KuCoin and Uniswap. Once you reach the minimum balance, you’ll need to have an account on an exchange such as KuCoin which lists XYO. Register with KuCoin here.
XYO is definitely one to follow. If you want to earn more free XYO cryptocurrency, it is worth investing in a little gadget called a Sentinel. By using the Sentinel, your mining rate will be exponentially increased by 12x. The COIN app also offers paid premium plans, which significantly enhance your mining rate and rewards.
How much is XYO coin worth?
XYO’s price was dropping steadily since it peaked in December 2018, then flattened at around the $0.0002 USD mark given the low level of liquidity. However there has been a significant uplift in XYO trading volume since mid-April 2020 and we have seen a significant breakout from this level. The XYO price has recently experienced a significant run, going on a parabolic rise. In mid-June 2020, XYO was up 380% year to date. For those who had been geomining free XYO, this proved to be a phenomenal return on investment.
To learn everything you need to know about the XYO digital currency, click here for COR's detailed article.
Uhive is a new social media app that aims to create disruption by placing user privacy at the absolute core of its values and by giving back a substantial share of revenue. Uhive has introduced an entirely new content discovery user experience, whereby individuals are given the option to communicate publicly or try on a new identity and anonymously interact with one another in the ultra-private free world. The revenue-share model rewards users whose content they are able to monetise with an impactful percentage, creating a robust community and giving control to the people who use the app.
Uhive users are able to earn free tokens in its own digital currency. The tokens are built on the Ethereum blockchain and will soon be used to power transactions across the network. You’ll be able to purchase goods and services using your tokens inside Uhive. Uhive tokens can also be purchased through the app or web portal and you can pay for your tokens using several popular payment methods including Paypal and Google Pay. In the future the intention is to enable trading on crypto exchanges for real money or other popular cryptocurrencies. However, free crypto tokens can be earned by using the app and simply posting great content in your spaces. The more you engage with content and the more engagement your content gets - the more you earn!
Uhive tokens have two primary differentiators from other cryptocurrencies. Uhive is the only currency that can be used across every transaction on the Uhive network, whether that’s to purchase goods and services, promote content, buy spaces and space names, or even special effects. The tokens will also be used to cycle back value to users through revenue share, rewards and enhanced gamification.
What’s a Uhive Token worth?
Currently 333 tokens are valued at $1.00. Uhive tokens are limited in supply and are intrinsically linked to Uhive’s Spaces Index which displays in real-time all primary transactions on the network. Where can I keep my tokens? Every account created on Uhive comes with its own in-app digital wallet where you can store your Uhive tokens. Alternatively, because Uhive tokens are built on the ERC-20 Ethereum blockchain, you can move your tokens from your internal wallet to any external wallet that supports ERC-20 tokens. Uhive plans to launch it's HVE tokens on a tier one exchange on 31 march 2021.
Use this code CA699Z and get 25% extra on all Uhive tokens.
6. Coinbase Earn
Coinbase is a serious player in the crypto world – the leading digital currency exchange headquartered in San Francisco, California. Founded in 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies. At the time of writing, Coinbase offers 18 different cryptocurrencies on its exchange (including Bitcoin, Ethereum and Litecoin), broking with fiat currencies in approximately 32 countries. Coinbase provides Bitcoin transactions and storage in 190 countries worldwide.
If you’re looking for a blue chip, safe and easy ‘on-ramp’ into cryptocurrency, Coinbase is the perfect place to start. It’s easy because you don’t hold your own private keys – Coinbase is effectively like a custodian and bank for your crypto.
How you can earn free Bitcoin
As a starter, you can earn free Bitcoin with Coinbase by opening an account from a referral. Once you open your account and buy or sell $100 USD or more (or 100 USD equivalent of your domestic currency) within 180 days of opening the account, you and your referrer will both receive a $10 (or 10 USD equivalent of your domestic currency) referral bonus in Bitcoin when the order completes. Open your account with Coinbase and receive free Bitcoin once you trade here.
Once you have opened your account with Coinbase, you are eligible to participate in Coinbase Earn, where you can earn free crypto assets in exchange for learning about the featured cryptocurrencies.
Why does Coinbase Earn give away free cryptocurrency?
Education is believed by many to be one of the main obstacles to cryptocurrency adoption and development. Coinbase Earn allows anyone to learn about different cryptocurrencies via educational content. To kickstart the movement, Coinbase acquired Earn.com in April 2018 but has since migrated everything in favour of its in-house developed platform, Coinbase Earn. Coinbase claims that the project “has allowed nearly a million unique users in 115+ countries to earn their share of hundreds of millions of dollars in crypto.” This means millions more people now have a trusted, safe and legal bridge to the crypto economy - even if they don't have a credit card or bank account with which to buy cryptocurrency.
How can I earn free cryptocurrency with Coinbase Earn?
Eligible Coinbase users are able to unlock lessons on top of the content where they can earn crypto. The content provided on Coinbase Earn is intended for educational purposes only and does not constitute financial or investment advice. You can currently earn a number of different cryptocurrencies free on Coinbase Earn and these offers are constantly changing, with new tokens being added. Historically, Coinbase Earn has enabled users to earn free XLM, ZEC, BAT, ZRX, EOS, DAI, CGLD, NU, GRT, COMP and even ETH.
If you are logged into your Coinbase account and eligible (your country of residence is a factor), you will be able to start earning crypto immediately. Just complete the mini courses, which take only a minute or two each. Every time you watch a video from the course, you have to answer some simple questions which are related to that video. Once complete, you will receive an amount in that specific crypto in your account. The amount of cryptocurrency you earn for completing a task is based on the USD spot price of the cryptocurrency at the time of earning. While the total number of tokens you've earned stays the same, the dollar value may fluctuate as the price of the cryptocurrency changes.
You can even earn additional crypto on certain Earn opportunities by inviting others to Coinbase Earn via your own referral link.