11 Easy Ways to Earn Free Crypto ($100+ Per Day)

Summary

In this video, Farris shares 11 practical and low-effort ways to earn free crypto, from airdrops and faucets to staking and crypto mining. He emphasizes methods that require minimal time and money, such as using the Brave browser or Coinbase Earn, as well as earning crypto through content creation and crypto debit cards. While some options offer small rewards, others, like decentralized lending and mining, present potential for higher returns. Farris also highlights the importance of avoiding scams and encourages viewers to invest more money to see larger crypto gains over time.

Takeaways

• 😀 Airdrops are a way to earn free tokens by participating in blockchain activities or completing simple tasks like following social media accounts.
• 😀 Faucets allow you to earn small amounts of crypto by doing minor tasks like answering questions, clicking links, or solving captchas.
• 😀 Coinbase Earn lets you earn crypto by watching educational videos and answering questions. Even if you get answers wrong, you can still earn rewards.
• 😀 Lending crypto to exchanges can be risky, but decentralized applications (dApps) offer a safer way to earn passive income through yield farming and DeFi lending.
• 😀 Crypto debit cards, like those from Coinbase, Crypto.com, or Binance, offer crypto rewards for your regular spending, turning everyday purchases into an opportunity to earn.
• 😀 The Brave Browser rewards you with crypto just for browsing the internet, providing a passive income stream while you use the web as usual.
• 😀 Staking crypto allows you to earn rewards by locking up your coins and helping to maintain a blockchain. It's a safe and passive way to earn extra crypto.
• 😀 Mining crypto can be done with your phone or computer, and while it won’t make you rich, it provides a passive way to earn small amounts of crypto over time.
• 😀 Content creation on blockchain platforms like Theta and Steemit lets you earn crypto by posting videos, writing articles, or sharing artwork.
• 😀 The best way to accumulate more crypto is by earning more money. Funnel your income into crypto investments to grow your holdings faster.
• 😀 Be cautious of scams in the crypto world. If something seems too good to be true, it probably is. Always do thorough research before engaging in any opportunity.

Q & A

What is an airdrop in the context of crypto?

An airdrop is when a crypto project distributes free tokens to users who engage with their blockchain or use their coin. The goal is to generate awareness and hype for the project. You can participate by connecting a wallet, making a transaction, or even just following their social media channels.

How can you participate in airdrops without getting scammed?

To avoid scams, it's important to do thorough research before participating in airdrops. A trusted website like airdrops.io lists upcoming airdrops and explains how to participate safely. Make sure to only interact with projects that have a solid reputation.

What are crypto faucets and how do they work?

Crypto faucets are platforms that reward users with small amounts of cryptocurrency for completing minor tasks such as answering questions, clicking links, or solving captchas. Faucets help projects attract new users, but the rewards are generally very small.

Is Coinbase Earn a good way to earn free crypto?

Yes, Coinbase Earn is a great way to earn free crypto. By watching educational videos about specific coins, users can earn $1-$5 per question. Even if you get a question wrong, you can keep trying until you get it right. However, the rewards are limited to the coin associated with the lesson.

Why should you be cautious when lending crypto to exchanges?

Lending crypto to centralized exchanges like FTX carries significant risks, especially after the recent exchange collapses. These platforms can control your crypto, and there have been cases where users lost their funds due to hacks or mismanagement. It's better to explore decentralized finance (DeFi) options.

What is staking, and how can you earn from it?

Staking involves locking up your cryptocurrency to help support a blockchain network. In return, you earn rewards, typically ranging from 2%-15% annually. You can stake your crypto through centralized exchanges or decentralized platforms, though the latter is generally safer.

How can you use crypto debit cards to earn crypto?

Crypto debit cards, such as those from Crypto.com, Binance, and Coinbase, allow users to earn cashback in crypto when making purchases. Instead of traditional debit cards that offer no rewards, these cards give you a percentage back in popular cryptocurrencies like Bitcoin, Ethereum, or stablecoins.

How does the Brave browser help users earn crypto?

The Brave browser allows users to earn cryptocurrency by browsing the internet. It blocks ads by default, and users can choose to view privacy-respecting ads in exchange for crypto payouts. You can earn around $5-$15 per month, depending on usage.

Can you mine cryptocurrency using a phone or laptop?

Yes, you can mine cryptocurrency on a phone, laptop, or tablet. While the earnings are small compared to using specialized mining rigs, it’s a way to get started in mining. With lower-tier devices, users can make around $10-$30/month, and upgrading to more powerful mining equipment can increase earnings.

What are the risks and rewards of crypto mining?

Crypto mining involves validating transactions on a blockchain using your computing power. The rewards can vary, but if you use low-cost devices like phones or laptops, you might earn modest amounts. However, mining can become more profitable with higher-end equipment, though it requires a larger upfront investment.

How can you earn crypto by creating content?

Crypto projects like Theta, Steemit, and U42 pay creators for posting content such as articles, photography, or music on their platforms. Content is published on blockchain-based platforms, and creators are rewarded in crypto. Earnings depend on the platform's payout structure and the popularity of your content.

Why is earning more money important for accumulating crypto?

To significantly grow your crypto holdings, you need to earn more money to invest more. Small-scale methods like faucets or staking won't make you rich. By increasing your income through side hustles, jobs, or business ventures, you can funnel that money into crypto, thus accelerating wealth creation.