HOW TO EARN CRYPTOCURRENCY
In this Article i am going to tell you the methods by which you can earn cryptocurrencies without investing.
- AIRDROPS
When a new currency is introduced or a new batch of currency is released in order to gain momentum and interest many companies try Airdrops. An Airdrop is when the cryptocurrency development team distributes their coin to the community for free or in exchange for small tasks like downloading their software, native wallet or signing up for an ICO.
- NETWORK SUPPORT
There are a few promising projects in this space looking to create a decentralised marketplace for resources. Projects like Golem, Sia, Presearch and Storj which allow you to rent out hard drive space or CPU power and get paid in their network based currency.
- Dtube
Its similar to Youtube but it is decentralize. you can upload any video without any censorship or restriction and earn money from it. Is link is d.tube .
- Earn.com
You can earn Cryptocurrency by just replying to messages. You can select from whom you want to receive messages.
You will earn a minimum of $1 for replying a message. There are many ICOs which give free airdrops to earn.com user so, you can also earn new token from there.
- MICROTASKS
Microtask websites allow users to get paid in cryptocurrency for completing tasks. A short task is any job or assignment that can be completed in a short amount of time. The tasks can vary widely in nature, from writing, editing, taking surveys, transcription, watching a video, clicking ads, online research and more.
You won’t make a fortune from this but it is a nice introduction to the technology. It provides you with a with a low-risk way to play around with setting up the wallet, sending currency, interacting with the blockchain and familiarising yourself with cryptocurrency.
Some popular microtask websites include:
btcclicks.com
BitVerts.io
- MINING
Another popular way to make money online lately is mining at your home with your pc or a dedicated pc or even a mining rig.
Mining has become a competitive field and your standard desktop PC or laptop simply won’t cut it. You will need to spend some initial capital on a high-end pc and some additional GPU for it to be profitable and it will take you a couple of months to break even with your hardware investment because the earnings on mining can be very slow sometimes.
The good news is that even if you decided to stop mining you can still use the hardware for something else like gaming. The bad news is that the hardware it can get pretty technical and you may have to join mining pools to remain competitive.
- STAKING
There are two popular schools of thought when it comes to Cryptocurrencies, proof of work which is where mining comes in and proof of stake. Proof of stake allows hodlers of a certain coin to earn interest for supporting the network.
You will need to invest by purchasing a certain amount of a certain currency, creating a wallet and node and then finally sending your currency to the newly created node which can be used to verify transactions on the blockchain.
As new blocks are added users will be rewarded depending on how large their stake in the currency is.
Popular currencies you can stake are Lisk, Ark, Neo, Qtum, OMG, Cardano & Stratis.
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Hi,
when you are looking for smart ways to earn more cryptocurrency check out bounty hunting. It pays better than faucets or airdrops. The best platform to find cryptocurrency bounties is Bounty0x:
https://steemit.com/earnmoney/@niel96/earn-cryptocurrency-from-home-by-doing-tasks-on-bounty0x
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