Home get free Cryptocurrency Top 10 Ways to get free Cryptocurrency in 2019 Top 10 Ways to get free Cryptocurrency in 2019 mir khaleq ali 3:47 PM Top 10 Ways to get free Cryptocurrency in 2019 If you have already spent some of your fiat Currency on Cryptocurrency, there are Top 10 ways to get free crypto using the coins you already have. 1. Use Affiliate Programs and Referrals If you hold Cryptocurrency Coin, you likely belong to an exchange that lets you buy and trade. Many of those exchanges regularly offer referral programs. You get your invited friends to sign up and complete a transaction or two, and the exchange rewards you with some cryptocurrency. This is easily one of the most common and least ways to get free CryptoCurrency. And the scam risk losing Coin is very low; just make sure to select one of the most secure Trading exchanges.
Coinbase, for example, has a popular affiliate program.
“Top 10 Ways to get free Cryptocurrency in 2019” 2. Earn Bounties for Performing Blockchain Tasks Depending on your skills, earning bounties by performing tasks for Altcoins can be one of the more flexible ways to get free crypto.
If you have some serious Computer skills, coins can offer you developer-based bounties for helping with large-scale projects. Finding bugs in a dApp or blockchain protocol is valuable work, and devs will reward you in Cryptocurrency. But even those who don’t know coding skills can earn free Cryptocurrency through bounty program. Non-developer-based bounty program includes things like posting on crypto related forums, social media or creating other online content that helps hype Crypto Coins. If you are on the Search for some bounty program, make sure to check out Bounty0x.
3. Hold a Wallet that Gets an Airdrop Of all the ways to get free crypto, holding a cryptocurrency wallet that gets an airdrop is hands down the easiest. Airdrops coins require absolutely nothing from you, other than simply holding Cryptocurrency in a wallet that gets one. In short, free coins for nothing. Airdrops, in a word, are marketing strategies. They help users spread awareness and generate enthusiasm among buyers and sellers.
Airdrop Coin teams will often require you to be plugged into their networks, linking emails, messaging services, and even social media. Airdrop coins usually require you to request them through those means. And the Airdrop promotions typically run for just a limited time.
MyEtherWallet is a great example of an airdrop-worthy wallet holding, but there are several others as well.
Stay notified with the best apps and news for cryptocurrency information to make sure you don’t miss out on the next airdrop! 4. Gain Free Cryptocurrency from Hard Forks Hard forks are like airdrops on steroids. Like free airdrops, they require that you hold cryptocurrency in a wallet when a hard fork of particular altcoin occurs that generates new coins.
Hard forks, however, are monumental blockchain events. Essentially, they are the begin of an entirely new blockchain protocol that splits off from the old system. Bitcoin vs Bitcoin Cash is a perfect example. And to bring buyers on board with the new system, coin teams will often offer free coins for people who make the transition.
Claiming these free Cryptocurrency does carry some risk, but in general, it’s a very wise move to claim free coins from a new fork, even if there’s a dip in the value of your original asset. 5. Earn Free Cryptocurrency with Proof-of-Stake Coins Electronic Currency works because of the immutable integrity of blockchain technology.
Blockchain Technology works because of proof-of-work and proof-of-stake systems’ ability to add and verify blockchain transactions. How that actually works is a bit too involved to go into here. But if you hold an Altcoin on a proof-of-stake blockchain network, you have ways to get free cryptocurrency. If you hold proof-of-stake Crypto coins, you’re essentially helping the blockchain exist, and coins will pay you for your work. Typically, blockchain protocols will only reward users with significant Cryptocurrency holdings.
However, some will reward you no matter how many Cryptocoins you hold. Take NEO Coin for example. If you hold NEO in a wallet or on the exchange Binance, you will make a passive cryptocurrency income based on how much NEO Coins you have a holding. All staking Cryptocoins work fairly, though.
You set aside some Cryptocurrency that you let the network use when it needs to create a new block. When the network needs to validate a transaction, it picks staked coins at random from different wallets—as many as it needs. If your Cryptocoins get picked, you will receive a share of the block reward. So the more staked coins you have, the higher chance you have of being picked. This incentivizes traders to invest and use a new platform regularly, a trend you might start to notice among ways to get free cryptocurrency.
6. Become a Master node Operating a blockchain master node for a particular currency is just one step down from mining, one of the most costly ways to get free cryptocurrency. Running a master node means maintaining networked wallet with a full, real-time copy of the blockchain.
In this way, master nodes are way more involved and resources intensive than regular nodes. That’s why there’s an incentive income in the form of free Cryptocurrency for anyone who runs a master node network. Master nodes, or MN, are always in contact with blockchain nodes.
They are essential to decentralizing the blockchain network, helping maintain privacy, conducting instant transactions and handling governance mechanisms.
The fact, however, is that you need to have significant holdings of a particular Cryptocurrency to qualify and to run a master node network. But if that applies to you, you’re passing up free cryptocurrency if you’re not running a master node. 7. Margin Trading or Margin Funding Maybe you don’t have enough coins to run a master node.
But if you have some altcoins just sitting around in cold wallet, consider heating them up again by letting other investors use them. You can loan coins for margin trading or margin funding and get paid back with a cut of the interest. Cryptocurrency leasing is among the relatively low-risky ways to get free Cryptocurrency.
8. Invest and Trade Your Coins Cryptocurrency more often thrives when people use it, not when they HODL it.
The more people adopt and utilize a token, the greater its market capitalization and value becomes. Invest and Trade your cryptocurrency actively and wisely, and you will contribute to those gains, increasing the value of your own portfolio. In addition to what you Profit from trading, you will get free cryptocurrency simply from the increase in your investment. Just remember you have to pay small fees cryptocurrency taxes on all those winnings. There are lots of ways to get free cryptocurrency in 2019 even if you don’t hold any cryptocurrency at all.
In other words, you can get free cryptocurrency without investing any money. In some cases, you can earn free cryptocurrency for doing virtually nothing. Here’s how. 9. Download a Wallet with a Free CryptoCoin Promotion This one couldn’t get any easier, really.
The only task is making sure you don’t miss them. Usually, for a limited time period, altcoin teams, especially newly launched ones, will offer free coins if you use their wallet or create a new or additional one.
Keep in mind that there are thousands of Crypto wallets out there.
So, make sure you have to download only the best and most secure wallets. Sometimes, free cryptocurrency offerings for wallets are scams or bait to get you to download malware.
10. Take a Risk and Sign Up for an Initial coin offering ICO ICO programs reached their peak in 2017 amid that year’s cryptocurrency frenzy. But they were rife with fraud. The proliferation of pump-and-dump coins schemes and exit scams eventually drew the attention of the SEC regulators. Still, many ICOs are completely legitimate, and getting in on the ground floor is so enticing that it’s nearly impossible not to experience a feverish bout of FOMO. ICOs sometimes offer bonuses for signing up. But bonus, especially ones that seem too sweet to be true, are usually a strong sign of a bogus ICO. Tread cautiously.
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