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The world of cryptocurrency is one of innovation, new ideas, and new technology. However, the difficult process of acquiring cryptocurrency can be highly frustrating for many, as the majority of information needed often comes from blogs, forums, and other online sources. The good news is that there are some quick and easy ways to get hold of some cryptocurrency. Here are three that we recommend.

 How to get free crypto

If you are new to cryptocurrency and you have no idea what it is, it can be quite confusing. Luckily, there are many ways to get free crypto. Some are easier than others, so it all depends on what you are looking for.

9 Ways to Earn Free Cryptocurrency

1. Signup Bonuses and Promotions on Crypto Exchanges

Some crypto platforms and exchanges offer a registration bonus. They give signup bonuses as rewards to anyone registering on the platforms and completing verification processes if required. In addition, some offer bonuses when someone registers through your referral link. Once the referred completes the required process, you or both of you get the signup bonuses.

Following exchanges' social media platforms and subscribing to their email list can help you stay updated on upcoming promotions and time-bound bonuses. Some platforms where you can earn signup bonuses include Coinbase, Crypto.com, Gemini, BlockFi, Phemex, and WeBull.

2. Crypto Staking

Staking is a process that involves locking up or holding your cryptocurrency over time for interest. The process often takes place in a staking pool using the proof of stake consensus model. It allows you to earn a certain percentage continuously, especially if you hold it for a long time.

Crypto.com, for example, offers up to a 14.5% yearly reward on crypto staking (on certain cryptos); however, stablecoins are placed on an 8.5% annual percentage yield. In addition, you can stake cryptocurrencies on exchanges like Coinbase, Binance, etc., while some cryptocurrency wallets also come with integrated cryptocurrency staking, like Exodus and Atomic.

3. Airdrop Participation

An airdrop is a hassle-free method of getting free crypto that seems more like a giveaway. Airdrops generate tremendous interest and adoption of a crypto token ahead of its launch. The process involves distributing cryptos to interested participants for free. But you would have to do a few things to be a beneficiary.

Different platforms have different criteria to meet to be eligible for an airdrop. However, in most cases, the requirements revolve around creating hype around the crypto token and promoting it across various platforms. All you also need is a wallet to store the token.

Many airdrops deliver coins that end up being worthless. Therefore, you need to be sure an airdrop is conducted by reputable brands or developers before getting involved. Even at that, you will need a bit of luck to get involved in a profitable airdrop.

4. Learn and Earn

Taking courses on cryptocurrency could be a bit boring. However, it could become fascinating when rewards are attached. Learn and earn programs offer a two-way advantage because you get knowledge and earn crypto at the same time.

Rewards are given for completing course modules, watching tutorial videos, taking quizzes, etc. The best learn and earn platforms include Coinbase, Binance, CoinMarketCap, KuCoin, etc.

5. Crypto Lending

In crypto lending, you deposit cryptocurrency with exchanges that will offer it for investors to use. You then earn interest on the lent cryptocurrency daily, weekly, or yearly. The borrower must submit collateral in the form of cryptocurrency to the exchange. The collateral is always higher in value than the lent cryptocurrency, and the borrower risks losing his collateral if he fails to fulfill the repayment agreements.

Many crypto lending platforms offer a 10%–20% interest rate per annum. Platforms to which you can lend your crypto include CoinRabbit, BlockFi, Nexo, and YouHolder.

6. Playing Gaming (P2E), Exercising (M2E)

If you love to play games, you can gain some cryptos out of your passion. Some platforms offer crypto as an incentive for playing games. The process is known as "play to earn" because you unlock crypto tokens as you complete missions in the game. You can also get some in-game assets in the form of NFTs, which you can sell or exchange for crypto. Common P2E crypto games are Sandbox, Lucky Block, Tamadoge, MetaBlaze, etc.

But if sitting down and gaming isn't your thing, you could also try exercising to earn free cryptocurrency. Move-to-earn rewards participants with crypto for getting up and getting out, be that walking, running, or otherwise.

7. Crypto Mining

Mining requires using powerful computing systems using cryptographic algorithms to solve complex equations. The process requires a decentralized network of computers to work and a lot of computing power, making it hard for one individual to carry out. Therefore, it is better carried out by specialized companies or interested groups of individuals.

Unfortunately, the process isn't that easy for solo miners due to its complexity. Joining a mining pool is a good idea because you need a lot of hash power and a high hash rate to mine Bitcoin. Common Bitcoin mining software includes CGminer, Awesome Miner, Easy MinerKyptex Miner, and ECOS.

8. Taking Surveys

Several platforms seek people's opinions and feedback to facilitate decision-making. Therefore, they want you to take surveys and get paid in cryptocurrency. You will be offered multiple surveys daily if your feedback is useful and coherent. These platforms have profit thresholds that you must attain before you can withdraw. The limit varies from platform to platform. Major survey sites that pay with cryptocurrency include Timebucks, Grab Points, Survey Time, Contiply, and InstaGC.

9. Crypto Faucets

Crypto faucets allow you to earn crypto for completing simple tasks. The platform rewards you for carrying out simple tasks like playing games, solving puzzles, watching ads, etc. You don't need formal training to benefit from a crypto faucet.