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How to earn cryptocurrency on the Internet without investments: 5 proven ways

Jul 12, 2024
How to earn cryptocurrency on the Internet without investments: 5 proven ways
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Earning money online without investments remains a relevant topic for many users. There are several ways to generate income without initial capital, each with its own characteristics and potential profitability.

Contents:

1. Learn-to-Earn Programs

  • Earning Potential from Learn-to-Earn Programs: $20 - $200+ per course
  • How It Works: Some platforms, like Coinbase Earn, offer rewards for completing educational courses on cryptocurrencies. You can earn between $5 to $50 per course in various coins, potentially earning $200 or more by completing multiple courses.
  • Earning Method: Learn new skills and receive rewards in cryptocurrency.

Learn-to-Earn (L2E) encompasses programs that allow participants to earn while acquiring new knowledge. For instance, some developers use such programs to attract attention to their new projects. Additionally, such programs exist on popular cryptocurrency exchanges, promoting cryptocurrencies and providing market participants with opportunities to earn money online without the need for investments.

Pros of Earning from Learn-to-Earn Cons of Earning from Learn-to-Earn
Can earn while learning Finding lucrative earning opportunities can be challenging
Accessible work for almost everyone Not many educational programs offer payouts
No special skills or knowledge needed to earn L2E cannot be considered a primary income source

2. Play-to-Earn Games

  • Earning Potential from Play-to-Earn: $20 - $300+ per month
  • How It Works: Earnings depend on the game and the time spent. In some games like Axie Infinity, players can earn cryptocurrency that can be exchanged for fiat money. For example, playing 2-3 hours a day can earn about $10 - $20. Experienced players can earn $100 - $300 or more.
  • Earning Method: Play, win, and level up characters to increase income.

Play-to-Earn (P2E) categorizes games where players have tools to earn. Many consider such projects their primary income source. P2E is suitable for those looking for ways to earn money online without investments and the ability to withdraw funds to a card. Often, all you need is a smartphone and internet access.

Pros of Earning from Games:

  1. Many options available for work
  2. Can combine earnings from multiple games
  3. Work can be enjoyable

Cons of Earning from Games:

  1. Difficult to achieve stable income
  2. Not all games are accessible without investments
  3. Games can consume a lot of time

3. Bitcoin Faucets

  • Earnings Potential on Bitcoin Faucets: $1 - $10 per month
  • How We Calculated: Bitcoin faucets pay small amounts of cryptocurrency for simple tasks (e.g., viewing ads). Payments typically range from a few satoshis (0.00000001 BTC) per action. Even with daily use of multiple faucets, earnings rarely exceed a few dollars per month.
  • How to Earn Money: Complete simple tasks for cryptocurrency.

Bitcoin faucets allow users to earn cryptocurrency for simple actions like solving captchas or watching videos. One popular faucet, BestChange, acts as an aggregator of exchange points. The platform distributes random amounts of Bitcoins daily. Users can earn between 1 to 1000 satoshis per hour using any Bitcoin wallet for withdrawal. Cryptocurrency can be received by specifying a wallet address and clicking the "get bonus" button. Withdrawal is possible once the balance reaches 3000 satoshis.

Advantages of Earning on Bitcoin Faucets Disadvantages of Earning on Bitcoin Faucets
Some payments can be received without performing tasks Difficult to achieve substantial income
Possible to work on multiple Bitcoin faucets simultaneously Time-consuming task
No special knowledge or training required to start earning High withdrawal fees may apply

5 ways

4. Airdrops

  • Earnings Potential on Airdrops: $10 - $500+ per airdrop
  • How We Calculated: Earnings depend on the project and the number of tokens distributed in the airdrop. Some projects distribute tokens that can be later sold on exchanges. For example, in the Uniswap (UNI) airdrop, participants received 400 tokens, which were valued at around $1200 at the time of distribution. However, most airdrops yield much lower income.
  • How to Earn Money: Fulfill requirements set by the organizers of the airdrops.

Another way to earn cryptocurrency is by participating in various contests, programs, and giveaways of coins known as airdrops. Such actions are often organized by young projects aiming to attract attention to their products. To receive payments, participants must fulfill specific conditions, such as reposting project posts on social networks.

Advantages of Earning on Airdrops:

  1. Can participate in multiple projects simultaneously.
  2. Many projects pay participants for their efforts.
  3. No special knowledge or skills required to earn income.

Disadvantages of Earning on Airdrops:

  1. Difficult to find viable earning opportunities.
  2. Risk of encountering scammers.
  3. Difficult to organize stable income.

5. Exchange Affiliate Programs

  • How much can you earn from exchange affiliate programs: $50 - $1000+ per month
  • How we calculated: Earnings depend on the number of users attracted and their activity. Many exchanges pay a fixed commission per referred client ($10 - $50) or a percentage of their trading fees (up to 50%). For example, if you refer 10 active traders, each generating $100 per month in commissions, your earnings could be up to $500 per month.
  • How to earn money: Participate in exchange affiliate programs.

Participants in affiliate programs receive rewards for attracting new users to cryptocurrency exchanges. This method is one of the most popular for those looking to earn money online without investments.

Each exchange sets its own rules for affiliate programs. For example, some programs are open to any user, while others are limited to well-known bloggers. In general, the process works as follows:

  1. Register on the exchange.
  2. After registration, the exchange provides a referral link or tools to generate it.
  3. Place the referral link in chosen locations to attract new users to the platform.

People who register through the referral link become referrals. In most cases, the income of the participant who attracts referrals consists of a percentage of the trading fees of the exchange's new clients. This method offers an excellent opportunity to earn money online without the need for special knowledge or equipment, with the ability to withdraw funds to a card.

Pros of earning from exchange affiliate programs Cons of earning from exchange affiliate programs
Income potential is unlimited  Income level cannot be predicted
Easy to start earning Some exchanges have strict requirements for participating in affiliate programs
There are affiliate programs on the market to suit every taste Not all referral programs are available to Russians

Which Earning Method Suits Whom

Each method of earning online suits different categories of users:

  • Learn-to-Earn: Suitable for students and those looking for additional income during their studies.
  • Play-to-Earn: For gaming enthusiasts willing to invest time in earning within their favorite games.
  • Bitcoin Faucets: Ideal for cryptocurrency beginners willing to perform small tasks.
  • Airdrops: Suitable for those willing to participate in projects and assess risks consciously.
  • Exchange Affiliate Programs: For marketing-savvy individuals capable of attracting active users.

Conclusion

There are numerous ways to earn money online without initial investments. The choice of method depends on personal preferences, available resources, and desired income level.

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