What's stopping most people from earning cryptocurrency is the outdated idea that they need to invest their existing money. Looking at the very high price points of cryptocurrencies, it's no wonder that many don't even consider it as an option.
But guess what?
You can now earn cryptocurrency without having to invest a single dollar.
Essentially, you can earn cryptocurrency for FREE.
1. Earn Cryptocurrency with BAT by Giving Your Attention
Wouldn't it be nice if you could earn money just by surfing the web or viewing ads?
Imagine the money you may earn from the ad that pops up when you watch your favorite Youtuber's "Day In The Life" video, or the ads on the website you're browsing.
This is where the BAT team comes in.
No, not those nocturnal animals.
The best part for users? You can cash out your BATs and convert them into any currency using Uphold, a partner application.
All you need to do is sign up and use the Brave browser.
So instead of using your current browser that does share ads revenue, you could use Brave for a faster and safer browsing experience while earning tokens from ads that are tailored to your interests.
You could also directly support a content creator by tipping them. If you are a content creator, you can get verified and receive Brave Rewards using a referral link which would earn you tokens.
It's a win-win for consumers, advertisers and content creators.
2. Read and Write to Earn Cryptocurrency
Authors of online articles would usually earn a percentage of the revenue while a publication earns the bulk of it. Readers don't earn at all.
But with blockchain-based platforms like Hive and Publish0x, both readers and writers can earn cryptocurrency.
Hive is a decentralized social media and blogging platform. Its revenue is shared with users using the Hive cryptocurrency, which can be traded like Bitcoin and Ethereum. The users in this case are the consumers and content creators.
As a consumer, you may earn Hive cryptocurrency by upvoting articles, similar to the concept on Reddit, and leave comments.
As a creator, you earn when your article gets upvoted. The more popular your article, the higher you'll earn. Like on any other blogging platform, you would need patience and practice to become successful. Just like how you can't be an overnight success by posting only one YouTube video.
Publish0x is similar to Hive where you can earn by blogging or reading articles except that it does not have its own token. The platform declares itself "token agnostic" and so they accept tokens from different sources such as BAT, DAI, and Loopring.
For content creators, these decentralized platforms may be attractive to them as they could earn the bulk of the revenue instead of the middleman.
Consumers would have peace of mind when tipping content creators knowing that their hard-earned tokens go directly to the people that create the content.
3. Promote Projects and Earn Bounties
If you're not the kind to consume or create content but instead are good at coding or developing dApps, you can use your skills that companies would hire. In return, you get free coins.
Non-developers can also earn by promoting projects on community forums or social platforms. Companies would want as much awareness as possible on their projects so you would be a valuable asset to them.
Some companies would reward you through Airdrop which is a blockchain marketing scheme that would give you free distribution cryptocurrency when you complete small tasks like downloading the app, inviting a friend, subscribing to their email newsletter or sharing on social platforms.
4. Earn from Saving Your Cryptocurrency
Okay, so this advice requires you to already own some crypto... but did you know you can earn savings from your crypto holdings? Just like a traditional savings account, there are various platforms where you can earn interest from your cryptocurrency by 'saving' them.
Our Earn Section is a tool we've put together to help you compare return rates from the various platforms available. You can check out interests rates from over 80 cryptocurrencies.
Start Earning Cryptocurrency
The opportunity to earn cryptocurrency should be available for all whether you're a beginner or a seasoned trader in the crypto world.
As decentralized technology progresses, we will see more platforms that offer incentives to both consumers and producers in every type of industry.
But for a start, if you want to earn cryptocurrency, you can:
- Download Brave browser to earn BATs
- Read & write articles on blockchain platforms
- Promote projects to earn bounties
- Earn interest from your existing assets
…all without investing or mining a single coin!
Diyana helps you to make sense of the complicated stuff. Follow the author on Twitter @diyana_eco