Hi!
Today I would like to give you an introduction on how to make money in the crypto-verse for free or with as little as 100$. Every day there is news on huge investments in cryptos and new technologies rising. As a 25-year old student in international business and management, I was fascinated by the idea to make money with a new technology which is in the introductory stage of its lifecycle. Nonetheless, as I am a student my budget is fairly limited and despite my interests in cryptos, my funds are not enabling me to make large investments and fast profits.
So I decided to educate myself on cryptos and the industry in general. I used like one or two weeks to get familiar with the basics of cryptography, the different layer-one networks such as Bitcoin, Ethereum, and BSC, aswell as their specific benefits and disadvantages. After dipping the toe into the water I got even more excited about the endless possibilities and the blockchain technology kept amazing me day after day. And I don't know if you know the feeling, but when I am really excited about a new technology or product it makes me always want to invest immediately.
After checking my funds and getting back to reality, I had to think about how Bitcoin was given away for free at the start for solving captures or the guy who ordered Domino's Pizza for I think 30.000 Bitcoin. "There must be similar opportunities right now in the market which I can afford with the little budget I got". So I started my search for ways to make/get free crypto and to find investments below $100.
1: Faucets & Tasks
There are multiple websites right now we can register for free and take part in faucets. It is completely free to sign up on all the platforms and there are no hidden costs or other requirements you have to fulfill. The only thing is you won't make that much money with faucets.
You can usually claim faucets once every hour on Betfury you can even claim more than 1.25 satoshi every 20 minutes. I know it's not much, but imagine Bitcoin growing 10x in the future. On Cointiply you can also do tasks such as downloading and playing games, doing surveys, watching ads and much more to earn crypto.
2: Mine USDT - Stormgain & Bitland
Do you have a mobile phone? Do you have an internet connection? Then you can start mining USDT right now. Download the app Stormgain from the app store or the Google Play store. Stormgain is actually the trading platform where you can trade cryptocurrencies. A Useful feature we can utilize is the mining feature. Stormgain lets their users mine USDT with a base rate of 0.34USDT a day even if you don't deposit money. This amounts to 10.34 USDT a month! There are two things you have to consider though: Note that the mining process has to be restarted every 4 hours as it works in 4 hours shifts/periods. Secondly, the minimum withdrawal is 10 USDT. As I am really grinding at the moment, I have a timer notifying me during the day (every 4 hours) to reset the mining process. It takes some time but being consistent and patient is the key here, remember it's for free! I personally use Stormgain on my phone and Bitland on my laptop.
3: Play games to earn - My favorite: Splinterlands
I bet you heard of CryptoKitties or more recently of Axie Infinity which are NFT-games where players are earning money for playing the game. I was just recently introduced to the whole industry of NFT-games through an article about people from the Philippines actually making a living from playing these games. Crazy isn't it? And how can we profit from it? Now I think I should probably have invested right away when I heard about Axie Infinity as the prices went crazy last week. But Axie Infinity is way out of my budget as one axie was around $200 to last time I checked (you need three of those NFTs). The good thing is Axie infinity is not the only game available to play and earn money. Actually, there is a whole market starting up at the moment with new game launches and upcoming games nearly every week or month. I myself started to play Splinterlands which is a trading card game where you are rewarded when winning a match, fulfilling quests, reaching certain leagues, and much more.
But this is really up to you. Find a game you like using google and "top lists" of NFT games to earn money. In Splinterlands, you're getting paid in DEC which is the in-game currency that has a real value, and you earn cards that also hold real value. You can even rent, buy, sell, and lent cards and make profits with that or participate in tournaments to win prizes. As I was playing card games basically all my life if I started to like Splinterlands right away. The only catch is you have to invest 10 US dollars to buy a spellbook and start earning the in-game currency DEC. Yes, I was really freaked out at the beginning to invest any money in any business or game I don't know, but I was actually happy that it was only 10 US dollars to start playing and that PayPal was a payment option so I didn't need any cryptos. After playing for 12 days my account holds almost 3 dollars in value and I get whooping 26 chests (🤑) as a reward at the end of the season, which is tomorrow (each season is 14 days long).
I heard that you can make more than 100$+/month playing Splinterlands. After playing for a while I think that certainly depends on how good you play the game, if you rank high enough for leaderboards rewards, in what league you play in general, how much luck you have, and how much money you make on the side with buying, selling, and lending cards. Anyways, I'm really excited about the game. I think it has a great future and I will see how far the initial $10 investment will take me. I'm actually considering investing more as the prices for cards are rising like crazy. Checking out Splinterlands and using my promo link would help me out a lot guys! This brings me to my next point.
4: Create/read blogs - Publish0x & PeakD
During the initial phase of my crypto adventure, I found myself on websites I never have heard about such as Publish0x and PeakD (you are probably on one of them right now) which are blogging platforms where both the author and reader earn tokens for their content and participation on the platform. As this is one of my first posts I don't have too much experience and I will certainly elaborate in the future on the experiences and profits I made participating on these platforms. Nonetheless, I definitely see huge potential in the business model of both platforms and I recommend you to participate in them as well by writing about your experiences and providing value to the community.
5: Open a brokerage account - Coinbase & Binance
If you want to start investing in cryptocurrencies you will inevitably open a brokerage account. You probably heard of either Coinbase or Binance, where you can open up an account, deposit fiat currency, and then buy the crypto you want. The good thing is that these platforms are competing against each other so they provide upfront value for new customers. For instance, when using my Coinbase link you and I will get $10 in Bitcoin when buying or trading $100 worth of cryptocurrencies. Furthermore, Coinbase offers learn2earn promos once you purchase your first crypto. I got approximately $20 in different cryptocurrencies for educating myself on those cryptocurrencies and taking small quizzes within the Coinbase app. You can even sell the currency you earned right away and trade it for another one (there is no catch, i know its wild). I got a Coinbase and a Binance account as they offer different products.
6: Use your referral codes
It doesn't really matter what game, product, provider, or service I am talking about, most of them have referral programs. For example, if you use the affiliate link for Coinbase I provided and you buy cryptos for $100 both of us will earn $10 worth of Bitcoin. You should definitely utilize this opportunity because you are already invested in the product you choose meaning you must believe in it. Hence you can make money by providing value to your friends and peers by showing them the opportunities you are currently growing with. Certainly, you should only do that with products you truly believe in and products/services you can support morally and ethically.
7: Buy and sell NFTs - OpenSea & Bitski
Non-fungible tokens or NFTs are essentially limited digital assets written onto a blockchain. Certainly, this only scratches the surface but it should be sufficient to make my point.NFTs got really popular with the launch of CryptoKitties and are rapidly evolving right now. There are multiple platforms such as OpenSea and Bitski where you can buy and sell NFTs. I firmly believe that NFTs will play a big role in the future and we have the opportunity to invest right now. I saw NFTs prices ranging from 5$ to 120.000$ on OpenSea today. This clearly shows that no matter what your budget is you can invest in NFTs (and you probably should). On the other hand, you can create your own NFTs and start listing them on these platforms. I believe that the minting process (the process of digitally "signing" your asset or writing it onto the blockchain of choice) comes with a cost so you should do your research first before becoming an NFT creator.
8: Use Brave Browser to earn rewards - Brave
When looking for ways to earn free crypto, I stumbled upon the brave browser. Essentially the brave browser has an ad blocker, tracking blocker, and data saver integrated which helps you to protect your privacy while having a smoother and ad-free browsing experience(and probably lots of other features). Brave also comes with a feature called "Brave rewards". With Brave rewards, you can opt in to see ads for which you get BAT (Basic attention token) which holds real value. Through the first week of using Brave on my mobile and my laptop, I earned 0.585 BAT with my mobile and 0.458 BAT with my laptop, which amounts up to approximately 0.52$. For just clicking on an ad once in a while, that's crazy to me. You can even split some of the profits with website owners or content creators you like. Definitely check out Brave!
Thats it for now! I think setting up all the accounts and getting educated on each project to build trust and proficiency takes time. And I think starting rather early with very little can often be very profitable in the long run. This is no financial advice, I just want to help fellow budget investors to get into cryptos and share the ways i found out to be legit!
Take care! And let me know what you think!