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How To Earn Free Cryptocurrency – 10+ Best Ways

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

The rate at which cryptocurrencies have been able to penetrate into the mainstream in such a short span of time has been rapid. With that adoption rate, many new investors want to experience the world of cryptocurrencies without risking too much or needing to learn to trade.

Fortunately, there has been a surge in different crypto projects offering various promotional activities and methods to attract more users – including ways for investors to earn free crypto.

For someone who doesn’t have a large amount of capital to get started, earning free cryptocurrency tokens through the various means we’ll discuss in this guide can help diversify their portfolio. While making something for ‘free’ might seem like a big red flag and there are scams to avoid, the methods below are legitimate and easy to use.

Top 10+ Ways To Earn Free Cryptocurrency: Summary

The cryptocurrency markets are usually quite volatile. With the rising volatility, some investors might prefer to choose a relatively safer option that still provides them relevant returns on their investment. Here are the top methods to earn free cryptocurrency.

  1. Smog: Earn $SMOG Through Airdrop
  2. Bitcoin Minetrix: Earn Bitcoin Through Staking 2024
  3. Sponge V2: Earn Sponge V2 Tokens Through Staking
  4. eTukTuk: Earn Crypto By Participating in the Ecosystem and Playing Games
  5. Meme Kombat:  Earn Tokens Through an AI-Driven P2E Arena
  6. Wall Street Memes: Earn Free Crypto By Participating in the $50k Airdro
  7. Lucky Block Casino: Welcome bonus cash, promotions, and more
  8. Investing in Crypto Presales: Profit with bonus tokens with the right crypto projects
  9. Play to Earn Crypto (P2E) Games: Earn free crypto while gaming
  10. Crypto Faucets: Complete tasks to earn crypto
  11. Crypto Credit Card Rewards: Earn cashback on making purchases
  12. DeFi Lending: Higher rates of return
  13. Taking Part in Crypto Staking: Validate new crypto
  14. Earn Interest on Crypto: Safe and Reliable way to earn crypto
  15. Buying NFTs Providing Free Crypto: NFT Rewards for holders
  16. Crypto Airdrops: Earn free airdropped crypto coins

These different ways to earn cryptocurrencies suit everyone and can be utilised as they want.

Best Ways To Earn Free Crypto – Full Guide

Smog: Earn $SMOG Through Airdrop

Smog is one of the leading Solana-based meme coins to have come out this year that has taken the crypto community by storm by ascending by more than 1500% within a few hours after its launch.

Smog Best New Crypto

While its performance of the price chart is how the entire community was expecting a Solana-based meme coin to behave, considering the history of Bonk and Myro, it is Smog’s ability to provide users with a way to earn free crypto that has captured investors’ imagination.

Smog’s way of distributing cryptocurrency essentially involves an airdrop with a few extra steps. These steps are necessarily cleverly implemented gaming mechanics that involve players completing quests and earning airdrop points, which will be distributed through zealy.io.

When the time arrives for the airdrop to happen, these points will be tallied, and the one with the most amount of points will have the most number of $SMOG tokens airdropped to them. Another thing to note about this cryptocurrency project is that the airdrop is not going to be a one-off thing, as the project’s roadmap suggests that airdrops will be a regular occurrence, which will give this token a long-term attribute.

Those who want to participate in the airdrop must hold SMOG tokens from the start. The token is currently available at Jupiter DEX and can only be swapped using SOL.

Buy SMOG

Bitcoin Minetrix: Earn Bitcoin Through Staking 2024

Bitcoin Minetrix is providing the most inclusive way to earn Bitcoin this year through its unique staking perk. Introducing the world’s first stake-to-mine utility, Bitcoin Minetrix is making cloud mining more secure by avoiding upfront costs and eliminating the need for cash.

Bitcoin Minetrix

At the core of this ecosystem is the BTCMTX, an ERC-20 token that can be staked to earn mining credits. Mining credits are themselves non-transferable ERC-20 cryptos that need to be burnt in order to get access to hash power and mining yields. When a set number of credits are burnt, users will get access to cloud mining for a set time. Once that period is over, mined BTC will be transferred to the user’s crypto wallet.

This unique approach to Bitcoin mining would make mining more accessible. Since there are no bottlenecks related to technological know-how and high hardware costs, retail investors can become part of the blockchain economy easily. While the way to earn crypto here isn’t necessarily free, it can be said so since the upsides of this token come at a negligible cost.

Bitcoin Minetrix is currently available as a presale which has a goal to raise just above its soft cap of $15.6 million. This 10-staged presale has set the starting price for BTCMTX at $0.011.

Visit Bitcoin Minetrix Presale

Sponge V2: Earn Sponge V2 Tokens Through Staking 

Sponge V2 is a new version of Sponge V1 that is attempting to bring back the golden days of this memecoin when it was one of the biggest cryptos of the year.

Sponge V2 Crowdsale

Shortly after its launch in May 2023, Sponge V1 climbed the price charts to reach a $100 million market capitalization. The token also had more than 13k holders. While the surge went away quickly, the community remained.

That community has motivated developers to bring back Sponge in a new form – Sponge V2. It is said to be a “bigger and better” version of the Sponge token with unique upsides.

To earn Sponge V2 for free, Sponge holders must stake their Sponge V1 tokens. When Sponge V2 drops, these holders will be able to claim these tokens.

However, Sponge V2 is also available for buyers. Investors can buy Sponge V1 from the website, which will stake it automatically.

Long-term holders will be able to earn even more Sponge V2 tokens in the form of APY rewards. At a minimum, investors can earn a 40% APY.

While earning Sponge V2 tokens for free is only possible for existing Sponge V1 holders, buyers will also experience the same, considering Sponge V1 is currently available at a low price of $0.0004.

Visit Sponge V2

eTukTuk: Earn Crypto By Participating in the Ecosystem and Playing Games

eTukTuk emerges as a visionary endeavor committed to igniting an electric vehicle (EV) revolution, aiming to enhance transportation accessibility and ecosystem sustainability for potential users. At its core, the project comprises two pivotal elements: the EV Tuktuk vehicle and an extensive network of charging stations, strategically positioned to facilitate convenient charging for vehicle owners. Through this integrated approach, eTukTuk seeks to pioneer a fresh, eco-conscious commuting industry.

eTukTuk

Investors have the opportunity to generate income through various avenues within the project. One avenue is the staking feature, allowing investors to stake TUK tokens and potentially earn up to 350% in annual percentage yield (APY). It’s essential to note that while this APY may be initially high, it is subject to decrease over time. Another avenue is the play-to-earn (P2E) game, where players assume the role of drivers ferrying passengers to different destinations. The more efficiently players complete trips, the more TUK tokens they stand to earn, which can ultimately be converted into monetary rewards.

Currently in its presale phase, the project offers investors the opportunity to acquire tokens at a discounted price compared to the upcoming launch phase. Having already surpassed the $550k milestone and priced at $0.026, the presale presents an attractive entry point for investors looking to accumulate tokens.

Visit eTukTuk

Meme Kombat: Earn Tokens Through an AI-Driven P2E Arena

Meme Kombat is taking the vs narrative of memecoins that was popularized by Shiba V Pepe but is adding a P2E spin to it. But that’s not all, Meme Kombat also features a unique AI-driven ecosystem where meme-avatars – avatars representing popular memecoins – battle each other, generating income for those who bet on them.

Meme Kombat

At the center of this project is the Meme Kombat token, $MK, that players will use to bet on games. Built on the Ethereum blockchain, this token will empower players to form a community and extract value from the Meme Kombat ecosystem.

There are three main features of Meme Kombat. Automated battles will pit meme avatars against each other. The community factor will be tied to memes. And through staking, users can earn passive income in more than one way. Users can use a portion of their staked tokens to bet on battles to further compound their gains.

$MK is available as a presale which has a target to raise $10 million. The platform has already gotten a lot of traction on social media, and more people are coming in. Interested parties can go to the official website and buy this token at a discount price of $1.667.

Visit Meme Kombat Presale

Wall Street Memes: Earn Free Crypto By Participating in the $50k Airdrop

Wall Street Memes is a memecoin backed by a crypto community already part of the blockchain space – the Wall Street Bulls NFT collection.

Wall Street Memes earn free crypto

This token has been created by the community known as the Wall Street Memes as a way to pay homage to Wall Street Bets, a Reddit group that mobilized investors to push the value of the Gamestop to unprecedented highs.

The community has been active on five social media platforms and has gathered over 1 million followers. And since the community is the primary growth driver behind the success of a memecoin, many say that Wall Street Memes has already taken a winning lane.

Wall Street Memes recently concluded its presale and is now available on OKX.

Buy Wall Street Memes

The Lucky Block Casino: Welcome Bonus, Promotions, and More

The first method to earn crypto free on our list is by using the Lucky Block Casino, which has announced a 200% up to 25,000 EUR equivalent matching bonus alongside fiat money deposits, which also applies to crypto deposits.

Taking advantage of bonus deals can be one of the easiest and most cost-effective ways to earn cryptocurrency, as it is automatically released while playing and wagering.

lblock

From the house of Lucky Block, the Lucky Block casino is a new and exciting addition to the crypto casino space. Moreover, another aspect is credibility, since it comes from the same team that developed LBLOCK – one of the fastest-growing cryptos of last year.

As the name goes, the Lucky Block Casino consists of over 2,700+ casino games, including Grand Heist, Joker Stoker, live blackjack games, and tons more. Players can play and earn cryptos just like in a real-life casino. It is 100% secure with an excellent and easy-to-use user interface.

The Lucky Block Casino uses technologically advanced encryption technology to protect data from hackers and scammers. Users can also get in touch with the super responsive customer support team that is trained and highly professional.

One can earn free crypto via the Lucky Block Casino using the Lucky Block sportsbook, which features a vast selection of sports betting markets. Apart from this, a cashback promotion feature is also available, through which users can earn 15% cashback on their net losses for their first seven days on the platform.

Visit Lucky Block Casino

Investing in Crypto Presales: Profit with Bonus Tokens with the right Crypto Projects

DeeLance Presale

Presales are one of the best ways to invest in an upcoming cryptocurrency project that looks promising from an investment point of view. A presale enables investors to gain a first-mover advantage by buying the soon-to-be-launched cryptocurrencies at a lower price and with many extra rewards that investors post the launch might not get.

Play to Earn Crypto (P2E) Games: Earn Free Crypto while Gaming

Tamadoge

While investing in presales is one way to earn extra cryptos and get the first-mover advantage on a crypto project, playing existing P2E games is another way. Many crypto projects’ Play-2-Earn games have completed their successful presales and are live now. Players can earn additional cryptos by putting their gaming prowess to good use.

One such game is STEPN, a web3 lifestyle app with in-built games built around moving around. The users can equip themselves with their favourite sneakers. These users gain crypto by walking, moving around, jogging, or running outdoors, which can be cashed out later or used to buy in-game resources. Various Game-Fi elements within the app include Game Modes, background mode, marathon mode, and mystery box.

Similarly, users can buy their own sneakers with attributes such as efficiency, luck, comfort, and resilience. On the other hand, Tamadoge is another play-to-earn game where users can participate. The Tamadoge crypto project recently launched arcade games called Super Doge, Rocket Doge, Tama Blast, and To The Moon.

Players in Tamaverse can play various P2E games, leading them to win various rewards within the ecosystem. Tamadoge pets can be bought, sold, and traded. These Tamadoge pets vary from one another in many ways based on statistics, strengths, and weaknesses. This makes the entire game more interesting and earning rewards more exciting.

Moreover, collecting NFTs will give players bonuses allowing them to level up on the leaderboard faster. Apart from the first four P2E games, various other games are set to be released.

Play Super Doge

Crypto Faucets: Complete Tasks to Earn Crypto

Crypto faucets are another exciting and one of the most popular ways of earning cryptocurrencies. Faucets are a method of making cryptos by completing simple day-to-day tasks. These are usually simple and quick tasks such as solving a puzzle, playing games, or watching ads, similar to in-game ads that are usually run on various other games.

hi

The good thing about earning through crypto faucets is that the investors don’t need to be very well-versed or have the expertise to complete the tasks allocated via crypto faucets. While on one end, the tasks might seem quite repetitive and mundane to many over a period of time, they can create a notable source of income in the long run.

The number of cryptos that can be earned via crypto faucets can vary and depends on the provider and the kind of task that is supposed to be completed. However, the amounts tend to be relatively small usually.

Another thing to remember while interacting with crypto faucets is that many providers may have a certain threshold before enabling the players to cash out the earnings. Plus, there might be a limit to the amount that can be withdrawn sometimes. Hence, it might irritate a few players looking to make significant crypto returns via games and other earning methods.

One thing investors should remember when using crypto faucets is that many methods are pretty shady and might simply be a scam. Hence, only the faucets by a renowned provider should be taken part.

Crypto Credit Card Rewards: Earn cashback on making purchases

Crypto rewards credit cards are one of the newest incentive-style payment options that tend to reward users with cryptocurrencies in the form of cashback.

It is similar to the usual cashback that credit cards offer users, the only difference being that the rewards are in crypto instead of fiat money. The concept of crypto credit cards is pretty new but is gaining rapid momentum amongst crypto enthusiasts and newer crypto investors.

These crypto credit cards can be used similarly to standard credit cards at any location where credit cards are accepted. The users can pay in crypto; however, the receiver might receive fiat money. Major credit card makers such as Visa have entered this space, increasing the concept’s popularity.

card

One of the first crypto companies to develop this concept was the Crypto.com Visa Card. It has its own perks, such as a Netflix subscription, airport lounge access, etc.

While looking for a crypto credit card, there are a few prerequisites to remember, which can help you choose the most suitable card per your requirements.

  1. The issuer: Most crypto cards are issued by crypto platforms and exchanges. These platforms usually have their own restrictions, like having an account. Hence, checking whether your platform offers a credit card is always wise.
  2. Types of cryptocurrencies available: Credit cards offer various cryptocurrencies earned as rewards. Checking before signing up whether they offer the currency you are bullish about can do wonders.
  3. Rewards: Know the number of rewards these credit card issuers usually offer. A flat rate card might not suit you if you have high spending. Go for a card that issues higher reward rates.
  4. Fees: Like a regular credit card, a crypto credit card has various fees. This can be annual fees, foreign transaction fees, cryptocurrency sales fees, etc. Know about the fees beforehand to avoid any ambiguities.

DeFi Lending: Higher Rates of Return

DeFi lending, or decentralized finance lending, is quite similar to traditional lending services usually offered by banks. The only caveat is that P2P decentralized apps (dApps) offer it. This enables people to borrow and lend funds, allowing crypto holders to earn a substantial income.

The process for DeFi lending is quite simple. To summarize, it aims at offering crypto loans with a trustless approach. Users can lock their cryptos on the DeFi lending platform without worrying about the intention of the intermediaries. The borrowers can opt for loans from the decentralized platform with the assistance of P2P lending.

The lenders are then able to earn interest on crypto assets. The DeFi lending protocol allows individuals to become lenders just like a bank. An individual can simply lend their assets and accrue interest. These protocols depend on lending pools and ensure quick distribution among borrowers through intelligent contracts.

While it is a way to earn, other benefits make it a preferable option for the lender and the receiver. Since all the transactions are public on the blockchain, all the financial transactions are available on record, leading to a sense of accountability. Another primary reason is that DeFi loans are processed very quickly, making them a faster source of lending money.

Taking Part in Crypto Staking: Earn Without the Risk of Trading

Crypto staking is undoubtedly one of the most popular ways to earn a passive income via cryptocurrencies and no article on how to earn free cryptocurrency would be complete without it.

safe

Investors can earn passive income without actually trading or investing in cryptocurrencies. In the most straightforward words, crypto staking means locking up the existing cryptocurrencies the investors hold to help validate the newer blocks on specific blockchain networks. It is more prevalent on networks that use the Proof of Stake (PoS) rather than the Proof of Works (PoW) method.

The users who stake their cryptos earn rewards in the form of free cryptos. This process can offer higher interest rates than deposits in traditional banks. Several trading platforms offer varied interest rates.

There are a few things that investors need to keep in mind when choosing a staking platform.

  1. Cryptocurrencies allowed to be staked: Various platforms might have a specific list of cryptos they allow for staking. If an investor has a cryptocurrency they already hold, they should look for it on the staking platform.
  2. Staking Rewards: As mentioned above, several staking platforms over varied rewards to their users. A staking reward is usually the amount a platform will pay for staking a cryptocurrency. These rewards might not be uniform across all the platforms and depend mainly on the cryptocurrency being staked and the platform. Many platforms might offer separate rewards for a similar cryptocurrency. Users can compare the two platforms and find the best one.
  3. User-friendliness: While some crypto staking platforms might be pretty simple and straightforward, others might not be so easy to use. Eventually, a staking platform that’s easy to use and navigate through is the one the user should go for.

However, various scams are run around in the name of crypto staking. Therefore, only reliable crypto-staking platforms should be chosen.

Earn Interest on Crypto: Safe and Reliable way to earn crypto

Like a bank’s savings account, some crypto-saving accounts offer interest on depositing crypto assets in an account. Various platforms offer this service. A crypto savings account lets users deposit and earn interest on existing tokens. Unlike staking, the cryptos deposited in such accounts are liquid and don’t have a lock-in period attached to them.

crypto

There are various models through which such crypto savings accounts usually work. While some of these platforms will use the deposits to stake, some also participate in lending pools and other crypto projects. The goal, however, is common, irrespective of the activities- to earn interest on the crypto deposited in the accounts.

The lock-in periods in such accounts tend to offer higher interest rates than a flexible option.

Earnings from crypto interest accounts can depend on some factors. This includes the platform chosen by the investors, the cryptocurrency deposited, and the kind of account chosen by the investors, i.e. (fixed, flexible, etc). It can be a great option to park the surplus crypto assets for crypto investors to save them from market volatility.

Buying NFTs Providing Free Crypto: NFT Rewards for holders

Many NFT-based projects offer their buyers additional rewards when buying non-fungible tokens. While NFTs themselves can be utilized in many ways to earn rewards, there are crypto projects which offer users a chance to earn crypto rewards for staying invested in the NFT projects. Various NFT games offer rewards through cryptos or in-game resources for playing.

crypto

Games like Axie Infinity, are based on Axies, Ethereum-based NFTs, that players can collect, breed, raise, battle against, and trade with other online users. There are various types of Axies that players can choose from, with endless possibilities for customization.

When players battle and win, they earn Smooth Love Potion tokens, which can be sold for Axie Infinity Shard tokens, the game’s primary tokens. While the price of AXS and its player base have declined since the 2021 bull run, it was one of the most popular options for those researching how to earn free cryptocurrency.

Crypto Airdrops: Earn Free Airdropped Crypto Coins

Crypto airdrops are increasingly picking up pace in the world of cryptocurrencies. With their ability to be one of the easiest and most profitable ways to earn cryptos, they have become the norm of any crypto project to attract users.

Airdrops are a way to distribute free crypto to users interested in a project and its future. They are primarily used to create hype around a project on social media and other platforms.

It is usually seen that almost all Airdrops are not announced until after the time window to complete the eligibility requirements to prevent people from fixing the drop. Quite recently, the ApeCoin airdrop rewarded early adopters of Bored Ape Yacht Club with 10,000 APE, worth nearly $100,000 then.

See our complete guide to crypto airdrops.

Conclusion: Earning Free Crypto

The crypto markets are finally seeing a lot of activity in 2024, after the bear market in 2022, and interest in crypto and how to earn free crypto is recovering.

In this guide, we listed a top 10+ rundown of the best methods to earn free crypto, including ones verified as legitimate and often promoted by the crypto projects themselves. For investors who know a thing or two about these methods and are well aware of the happenings in the markets, these methods can be a go-to way for them to invest.

It can certainly provide an initial push to the investors who’ve been looking to invest for quite some time now. While a certain degree of volatility will always remain with cryptocurrencies, earning some cryptos can be the first step toward entering the markets. The best option when it comes to making crypto at the moment is undoubtedly Smog, which involves an exciting staking utility.

Smog (SMOG) - Newest Crypto Launch

Rating

Smog token
  • Fair Launch on Jupiter
  • Free Airdrop Rewards
  • High APY Staking - smogtoken.com
  • Solana Based Meme Coin with ETH Bridge
  • Trending on DEXTools
  • Upcoming CEX Listings
Smog token

FAQs on How to Earn Free Crypto

How can I get free crypto?

There is a list of measures that can help investors earn free cryptocurrency. Some of these methods include crypto staking, gaming, interest accounts, presales, play-to-earn games, and more.

What is the best way to earn crypto?

According to the list above, there are various methods to earn free crypto, each being suitable for every kind of investor. However, methods like the Smog airdrops or the Bitcoin Minetrix presale are some of the best ways to earn crypto and gain a first-mover advantage.

Are these cryptos really free?

Most crypto projects reward free cryptocurrencies as a way to promote their upcoming projects or before their ICOs. These methods are completely legitimate and easy to use. However, it is always better to conduct your due diligence before investing your hard-earned money into crypto.

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