Everyone loves a freebie, especially when that freebie has the potential to appreciate in value. Whether you’re looking for a low-cost entry into the market or you just want to expand your portfolio, free cryptocurrency is never a bad thing. Luckily, many cryptocurrency companies are giving out free crypto in an attempt to on-board new users. Here’s how you can take advantage of these promotions and earn some free crypto today.
Platforms Giving Out Free Crypto
- 1 Platforms Giving Out Free Crypto
- 2 1. Freecash
- 3 2. eToro
- 4 3. Coinbase Earn
- 5 4. Voyager Exchange
- 6 5. Staking Cryptocurrency
- 7 Commissions
- 8 Account Min
- 9 1 Minute Review
- 10 Best For
- 11 Pros
- 12 Cons
- 13 Commissions
- 14 Account Min
- 15 1 Minute Review
- 16 Best For
- 17 Pros
- 18 Cons
- 19 6. Crypto.com Cash Back
- 20 7. Celsius Network Sign Up Bonus
- 21 8. BlockFi Savings Account
- 22 9. Cryptocurrency Airdrops
- 23 Buy, Sell or Trade Cryptocurrency
- 24 Get it While It’s Hot
As the market expands, the ways to get free crypto are expanding as well. Let’s take a look at some of the ways you can take advantage of these promotions while they’re still available.
Freecash.com pays users in Bitcoin, Litecoin, Ethereum, and Dogecoin, as well as cold hard cash. The sign up process is simple, and users can easily earn $100 or more per month by using freecash.com. Simply take surveys on different companies, and the platform will pay you in whichever form of currency you choose. Top earners on Freecash earn over $1,000, but to earn this much free crypto you’ll need to devote significant time to earning free crypto.
If you’re already invested in cryptocurrency or have some spare money you’re looking to invest, eToro is a great option to get free crypto. The exchange offers a $10 sign up bonus to new investors, but you’ll need to deposit and trade $100 to qualify for the promotion. Nonetheless, $10 is a great bonus that you can use to buy over a dozen different cryptocurrencies on the platform.
eToro offers investors the ability to invest in professionally managed portfolios, making the exchange a great option for new investors. Also, over 20 million users trust the exchange with their funds, as the platform is seen as one of the most secure cryptocurrency exchanges.
securely through eToro’s
Disclosure: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
eToro, headquartered in Cyprus, England and Israel, has provided forex products and other CFD derivatives to retail clients since 2007. A major eToro plus is its social trading operations, including OpenBook, which allows new clients to copy trade the platform’s best performers. Its social trading features are top notch, but eToro loses points for its lack of tradable currency pairs and underwhelming research and customer service features
- U.S. based cryptocurrency traders
- Investors looking to CopyTrade other traders
- Simple user interface
- Several major cryptocurrencies and altcoins
- Expansive network of social trading features
- Large client base for new traders to imitate
- U.S. traders can only buy cryptocurrency
3. Coinbase Earn
Coinbase is primarily a trading platform, but you can also get free crypto worth around $30. While $30 isn’t a large sum of money, those who participated in Coinbase Learn last year now have over $100 worth of free cryptocurrency from the price appreciation. With its Learn program, the platform is giving away free crypto for simply learning about crypto. Currently, you can learn about Basic Attention Token (BAT), 0x (ZRX) tokens, Zcash (ZEC), EOS (EOS) and others. Watch a video, take a 3-question quiz and answer the questions correctly to get free crypto. Coinbase will credit the cryptocurrency you learn about into your account, so the program is a great way to get a variety of different cryptocurrencies for free.
Don’t worry — you won’t lose the free money if you get the questions wrong. You can take the quiz as many times as you need to pass.
You must join Coinbase in order to get the free stuff, and this requires that you give your identity and photos to the platform. Coinbase does report to the IRS and other government entities, so don’t come looking for free currency here if you are getting into crypto for anonymity.
You can earn an extra bonus by referring other people to the Coinbase Earn project.
Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs.
You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.
Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.
- New cryptocurrency traders
- Cryptocurrency traders interested in major pairs
- Cryptocurrency traders interested in a simple platform
- Simple platform is easy to operate
- Comprehensive mobile app mirrors desktop functionality
- Coinbase Earn feature rewards you with crypto for learning about available coins
- Higher fees than competitors
4. Voyager Exchange
Voyager offers a great cryptocurrency platform for both mobile and desktop use. You can buy popular cryptocurrencies like Bitcoin, Ethereum and dozens of other altcoins.
What’s more, you can deposit your cryptocurrency into an interest-bearing account, allowing you to earn up to 10% interest on your cryptocurrency holdings. Deposit $100 or more on Voyager, and you’ll get $25 in Bitcoin as a bonus.
securely through Voyager’s
Disclosure: *Other fees may apply.
Voyager is a leading name in the sphere of cryptocurrency investing, giving you access to over 50 tokens and coins. Buy, sell and swap assets using Voyager Crypto’s simple mobile platform available as a free download for iOS and Android users.
When you invest through Voyager, you’ll pay nothing in commissions, which is a major benefit when compared to other cryptocurrency brokers. Voyager is also one of the only brokers we’ve seen that allows users to earn interest on their crypto investments.
Though the broker could do more to improve its customer service, it’s an excellent option for beginner investors and seasoned professionals alike.
- Cryptocurrency investors looking for a wide selection of supported projects.
- Investors who prefer mobile trading.
- Anyone interested in earning interest on their crypto investments.
- Simple, straightforward and intuitive mobile platform
- Wealth of investment opportunities
- Allows users to earn interest on select crypto investments
- Only available for mobile users — no desktop platform
- Limited routes to contact customer service team
5. Staking Cryptocurrency
Staking cryptocurrency is one of the most innovative ways to earn free cryptocurrency in the form of interest. While staking crypto can get complicated on platforms like Aave, Compound and Uniswap, there are options to stake cryptocurrency on exchanges like Coinbase and Gemini. These platforms let you stake Ethereum on the ETH2 network; ETH2 is the proof-of-stake upgrade to Ethereum. This allows users to earn around 7% interest paid in Ethereum on users’ cryptocurrency positions.
If you want to stake your crypto on Coinbase, you’ll need to join the Ethereum staking waitlist. Once approved, you can start staking your Ether tokens to earn interest on your crypto. No looking to wait to stake? Gemini allows investors to begin staking their cryptocurrency for interest right away, so you can start growing your crypto positions today.
6. Crypto.com Cash Back
Crypto.com has partnered with Visa to offer a prepaid Visa card with a cashback incentive. If you purchase items under the program, you will earn the Crypto.com coin, MCO. The platform offers different tiers of rewards depending on the amount of MCO tokens you stake on the platform.
The program offers 1%-5% cash back on all purchases which is significantly more than most debit cards. It features 10% cash back on Expedia and Airbnb purchases, and you can even receive a credit for 100% cash back on your Netflix and Spotify subscriptions.
The Crypto.com Visa Card, formerly known as the MCO Visa Card, is the world’s first free, metal and crypto-linked Visa card.
Until the introduction of crypto payment cards, users faced lead times of several days when trying to access their funds for spending. The Crypto.com Visa Card helps solve this issue by allowing users to load their crypto funds to the card and convert them to their preferred fiat currency.
If you are a cryptocurrency enthusiast looking for an easy, safe way to access and use your crypto assets, the Crypto.com Visa Card could be right for you.
- Transacting with crypto (anywhere Visa is accepted)
- Earning rewards: Get full subscription rebates for Spotify, Netflix, Amazon Prime, and more
- Travel: Enjoy airport lounge access and zero foreign transaction fees
- Easily manage your spending in the Crypto.com App
- Instant top-ups with a credit/debit card, your Crypto Wallet and Fiat Wallet, and Paypal
- No monthly, annual, or foreign transaction fees
- Users have to stake large amounts of CRO to get cards with better benefits
7. Celsius Network Sign Up Bonus
Deposit more than $1,000 in crypto into the Celsius Network, and you can get a signup bonus of $10 in Bitcoin. If you hold the deposit for 3 months, you can double your free Bitcoin with another $10 free reward.
You also have opportunities to earn 10% interest on Bitcoin with an additional 30% for holding a portion of your stake in CEL, Celsius’ native coin. This is similar to staking crypto, but the platform uses your position to lend funds to investors, similarly to how traditional banks operate.
Celsius Network is a platform that allows you to buy, borrow and pay in more than 30 cryptocurrencies.
From a user perspective, it acts as something in-between a savings account and an investment portfolio. Users can also receive undercollateralized loans on their crypto assets thanks to a level of centralization.
The risk that usually comes with trading crypto is lower, however, thanks to Celsius’ unique business model. All deposits are insured up to $100 million and there are no withdrawal limitations, fees or lockup periods so you can cash out whenever you need to, as soon as you need to.
Overall, Celsius Network offers a lower risk, less complicated way for both beginners and HODLers to buy and hold crypto while earning steady returns on their investments.
- Passive income
- Crypto investors
- Rewards of up to 15% APY paid out weekly
- Easy-to-use mobile platform
- Available in over 100 countries
- Instant, fee-free payments using CelPay
- Great loyalty program
- Minimal educational resources
- Limited cryptocurrencies
8. BlockFi Savings Account
If you’re sitting on crypto and not putting it to work, you could be earning passive income from it. BlockFi offers cryptocurrency savings accounts, and the annual compounded interest rate is 8.6% paid in monthly installments. You can earn your interest in Bitcoin, Ether tokens or USD. Withdrawal limits are also high — 100 BTC per week — far beyond the needs of most lenders.
Though there is a gap risk, your deposits are insured through Gemini, which is one of the most highly regulated crypto companies in the world. BlockFi is considered one of the easier platforms to use, so it may be a good choice if you are nervous about getting your feet wet.
Maybe you think cryptocurrency is the future, or perhaps you were swept up in the initial waves of Bitcoin. BlockFi may be your next step if you’re ready to evolve as a crypto investor.
Whether you’re a native crypto user or curious enough to start investing, BlockFi seeks to bring institutional-grade financial products to crypto markets that often face restricted access. It strives to bring clients low-cost, simple applications designed to maximize the potential of crypto assets. Learn more in our BlockFi review.
- Crypto native clients
- Crypto curious clients
- Mostly fee-free platform
- Market-best interest rates
- Earn interest, trade and borrow from a centralized hub using the BlockFi app
- Mostly restricted to those with a base knowledge of cryptocurrency
- No dedicated relationship with an investment advisor, so best for those who have a solid handle on crypto trading
9. Cryptocurrency Airdrops
Cryptocurrency airdrops come with no strings attached. Platforms that want to expand their users base sometimes offer crypto airdrops, sending free cryptocurrency tokens to users for simply using their platform. The 1st major example of a crypto airdrop was Uniswap; the platform gave 400 UNI tokens to each wallet connected to the platform, worth over $9,000 today.
Missed the Uniswap airdrop but want some free crypto for doing nothing? Benzinga is in the works of creating Zing Token, a loyalty token based on decentralized content creation. To get 1,000 free Zing tokens, checkout the sign up page on our website.
Buy, Sell or Trade Cryptocurrency
If waiting around for free crypto isn’t your thing, you can join the millions of traders exchanging value or staking their portfolios to bring in extra cash. Take a look at these top brokers and learn the differences in their feature sets before committing.
Get it While It’s Hot
In a world of uncertain investments, there are few things better than free crypto. The programs above may be good alternatives for those without the extra cash to put into the crypto market directly or mine for coins. Not to sound cliché, but who knows how long this will last? Crypto platforms are giving things away to get new users like every new product, but no one says they will be so generous when the market becomes more saturated.
If you’ve been curious about cryptocurrency, now is the time to take advantage of this. At the same time, be careful of who receives your data. In the future, that data will be much more valuable than any asset on the planet. Trade it for as much value as possible by moving in the industry early.