Think of it as the Chrome, UC, or Firefox browser that you are familiar with, except that it is Web3.
Brave is not built on the blockchain.
But it uses a blockchain-based currency, Basic Attention Token (BAT), to incentivize users.
You can earn cryptocurrency in three ways by using the Brave browser.
View ads: You earn BATs by opting to view ads. When you download the Brave browser, select this icon “ “, click on “Reward Settings” and turn on “Ads.”
Referrals: You can also earn BAT when people download and use the Brave through your referral link.
Tips: If you’re a content creator who uses the Brave browser, your fans can tip you in BAT tokens if they like your work.
GameFi is a generic name for all blockchain games that have financial rewards.
It enables users to play games and make money.
You have probably been playing games like Pokemon Go, PS5, Minecraft, etc.
But these games do not pay you money. Heck🤷! Although they are exciting anyway😉.
In contrast, GameFi operates a “play-to-earn” model. Also, it integrates cryptos, NFTs, Web3 and DeFi.
Players are rewarded for performing in-game tasks, selling or lending their in-game assets, and so on.
Funny enough, you can also earn free cryptos in GameFi simply by walking and moving your body.
[Suggested Read: Top 10 Move-To-Earn Projects That Are About To Explode!]
You probably know how your savings account in the bank works, right?
If you deposit money into a savings account and don’t touch it for a while, you can withdraw it with interest on top.
This is how staking works as well, only that it is technically different from your savings account.
There are two forms of staking in crypto.
With this type of staking, your coins are locked in a proof-of-stake blockchain and used for transaction validation.
To participate in this staking type, you need to own a POS coin like ALGO, ATOM, etc.
Some crypto platforms allow you to stake by locking up coins for the purpose of lending, yield farming, liquidity provision, etc.
These platforms include Binance, Aave, Kucoin, etc.
Generally, you earn free cryptos when you participate in staking.
[Suggested Read: Cryptocurrency Staking Types – Which Is The Best Option For You?]
9. Binance Affiliate Program
Binance offers a huge rewarding affiliate program that can earn you free cryptocurrencies.
In case you are confused about the word affiliate, it is a marketing strategy where companies pay you to bring new users to them.
Now, Binance offers two affiliate programs:
Binance Affiliate Program
By signing up for this program, you share your referral link with people.
Users that sign up for a Binance account using your link will be recognized as successful referrals.
And you will earn free cryptos in commission on every trade your referrals make across all Binance services.
You can earn up to 50% in lifetime commissions on every qualified trade from this program.
Binance Affiliate Content Program
With the Binance Affiliate Content Program, content creators can earn up to $1,800 BUSD each month in addition to other perks.
This is how it works:
The first thing to note is that it is a contest.
Every month, Binance announces topics for content creators to work on.
Affiliates must choose a topic, write original content on it, and submit it to Binance by the end of the month.
Rewards are distributed to winners on the 15th of next month.
To become a Binance affiliate, you must have an account, Feel free to sign up with this👉 link.
Continue to the next section!
1. Can I make tons of money from free cryptos?
Yes and no! Allow me to explain. “Learn and earn crypto,” Brave browser and some other listed ways will not make you tons of money, but will earn you some bucks and value for your effort. On the other hand, crypto airdrops can earn you a fortune but it will depend on the team’s strategy for distributing their coins and the value of the coin in the market. Staking will depend on the staking rewards and the volatility of the asset in the market. For the Binance Affiliate Program, it will depend on the hard work you put in and so on.
2. What are the risks involved in earning crypto freely?
While it is easy to get excited when you hear free crypto, you also need to do your own research before participating in any free crypto earnings. This is because there are a lot of scams and Ponzi schemes in the guise of free crypto earnings. Also, some stakings have a lockup time. This means that, if the price of those assets rises quickly, you may miss out on selling them for an instant profit.
This is the end of this post. I hope you enjoyed it!
Now it’s your turn to tell me what you think.
Which of these methods of earning free cryptos do you think is the best?
Have you ever received free cryptocurrency before?
Also, have you ever been scammed trying to earn free cryptocurrency?
Put your thoughts in the comment box.
Finally, share this post with your friends by hitting those social media icons below.
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