Once you learn that investing in Ethereum requires some sweat and brains, you may start wondering if it is possible to actually earn free Ethereum (ETH) and collect it without any effort or investment. Now, knowing that there is no such thing as free lunch or a money tree, wanting to learn how to get free Ethereum may seem like a waste of time. Well, not exactly, but you can surely spend your time better than looking for ways to earn free ETH and buy a pie in the sky in the process.
What is Ethereum (ETH)
Launched in 2015, Ethereum is a network that revolutionised the financial industry through the popularisation of Decentralised Finance (DeFi). Simply put, Ethereum is a smart computer. Ethereum allows computer programs to run “smart contracts.” With a smart contract, you don’t need a third party to perform credible transactions. And because these smart contracts live on blockchain technology, they are trackable and irreversible. A new era of computer programming, digital ownership, and other innovations are being introduced thanks to the smart contract capabilities of Ethereum.
Why Earn Ethereum (ETH)
Ethereum (ETH) is one of the leading crypto market coins. This decentralised open-source blockchain system features its own native cryptocurrency, Ether (ETH) is the second-largest cryptocurrency by market value.
Ethereum is not new to the market, but its initial stage is truly extraordinary and can show the financial advantage of getting in early with crypto presales. The price of an Ethereum coin in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold.
However, Ether’s presale began in July 2014 and by midday, it had already raised $2.3 million (a total of 7.4 million ETH). Ethereum’s money-making ability did not stop there and has grown into the second most profitable cryptocurrency. The coin saw an all-time high of $4,878.26, back in November 2021 which is more than a 3M% increase over its presale price!
Ways to Earn Free ETH
There are numerous websites on the Internet where you can earn free Ethereum (ETH) by performing several tasks like watching ads, playing games, etc. However, you will only receive a very small portion of ETH. Free Ethereum can be beneficial when the price of ETH continues to rise over time, and helps you to earn good profits out of it. Moreover, the amount of ETH you will receive is always random and is different all the time. Here are some of the legitimate ways to get free Ethereum.
Ethereum Faucet
One of the cheapest, easiest ways to actually earn Ethereum is through crypto faucets. ETH Faucets offer rewards in the form of tiny amounts of ETH in exchange for completing captchas or interacting with numerous ads. The amount of ETH you will receive at the end of the day is actually small to make a difference. ETH faucets may be an opportunity for you to earn ethereum with no out-of-pocket expenses. It is not a get-rich-quick plan. It is suitable for ETH beginners to earn some free Ethereum.
Whether it’s eth currency, or other crypto currencies, all faucets have one thing in common: they pay you very little. People use these faucets because they believe that over time, these fractions of free ether coin will build into something solid.
To utilize an Ethereum faucet, you’ll need an Ethereum wallet, which you’ll link to the faucet by entering your Ethereum wallet address. Most faucets have a minimum amount required before you may withdraw, and some even have a maximum amount.
Read More: Top 10 Best High Paying Ethereum Faucets List | Earn ETH for Free 2022
Get Started: Now you’re ready to take the next step and earn some Ethereum!
Earn free Ethereum (ETH) with BtcAdv by doing multiple tasks such as filling out Surveys, offerwalls, watching videos, Faucet, shortlink and much more! Additional features like achievements, lottery, and a referral system await!
Ethereum PTC Sites
Other well-known Ethereum micro earning sites like faucet include crypto ptc site, crypto offerwall earning sites, crypto shortlink earning sites, etc. Surveys, captchas, advertising, pop-ups, and other basic activities are among the chores that users must perform. The difficulty of the jobs will usually decide how much you earn, and each faucet pays differently.
Ethereum Airdrop
The fundamental goal of a crypto airdrop is to raise awareness of a blockchain startup, initiative, or service. The team may bootstrap its project and ensure a fair distribution of tokens among its community from the start by issuing tokens to users.
Airdrops are free tokens offered at the start of a project for purposes of promotion. Most projects use it as an opportunity for publicity. These may require you to do some social tasks like sharing links with your social media. Currently, you can search for real crypto airdrops at CoinMarketCap, Airdrops.io, CoinLean, Icomarks, and other platforms.
In some cases, users receive ethereum airdrop in exchange for completing certain tasks. These tasks frequently include:
- Following people on social media.
- Including hashtags in a share or retweet of one of their posts.
- Sending or receiving ethereum (using a particular crypto platform or wallet).
- Signing up for updates and creating an account
There are also times when consumers can receive a crypto airdrop without having to do anything.
Ethereum GameFi
Multiple online Blockchain-based games allow earning free Ethereum. There are certainly many poker or casino games that offer sign-up, welcome, loyalty, deposit, withdrawal, and other types of bonuses in the form of free ETH as long as you spend money on them. Getting a Sign-Up or Welcome bonus on these platforms may or may not require you to first deposit money.
Ethereum Bounties
Bounties are an excellent way for programmers or coders and non-coders to earn ETH by identifying and reporting flaws in platforms. Many crypto projects offer bounties as part of development, either in Ethereum or other tokens. Regarding that, check the Bounty0x bounty hunting platform which also helps users learn crypto. Bounties can earn you a hefty amount of Ethereums.
Learning About Ethereum
You can also earn Ethereum by learning about Ethereum from websites like Coinbase. These sites offer various courses and videos about crypto. You just need to answer the quiz questions or need to clear some specific tasks. Based on that, you will be rewarded with a small portion of a specific crypto coin.
Shopping Reward
You can earn free Ethereum when doing your regular shopping online. Using shopping reward companies you need to download an extension to your browser, use it as a checkout on various brands and earn up to 30% cashback on your purchases.This is a great way to earn Ethereum while shopping for stuff you were gonna buy anyway.
Ethereum Interest
The cost of borrowing anything, in this case ether, is referred to as interest. If you already own Ethereum, you can deposit it in an interest-bearing account and gain interest on it. Most companies that supply Ethereum loans also allow customers to lend out their Ethereums for interest. If, for example, you don’t need cash, you can still deposit your Ethereums and receive annual interest on your deposit. This means your Ethereums can generate additional income for you, instead of just lying around in your Ethereum wallet.
Owning a Faucet
While participating as a faucet user might not earn you a lot of money, owning your own faucet is a whole different story. Today, you can build a cryptocurrency faucet relatively easily and earn money or crypto coins including Ethereum from selling ads on your site. Running a faucet requires a reasonable amount of time and effort. You’ll need to set up your own website, manage users, prevent fraud and also bring some initial capital to fund the faucet when starting out.
Write about Ethereum
If you’re into cryptocurrencies and have a knack for words you might want to consider becoming a crypto journalist or article writer. As the crypto industry evolves, more and more news and information websites are popping up. In many cases these sites are in need of writers as they are publishing dozens of articles each week. Since good writers are hard to find, if you can submit quality work you may be able to earn a nice revenue stream by writing about Ethereum and cryptocurrencies from the comfort of your own home. The best ways to find work as a writer would be to look for the “jobs” section in your favorite crypto publications. You can also email specific sites you’d like to write for, or you can create a writer profile on Upwork – an international freelance marketplace. It’s best if you have some sample articles on hand before applying for a writing job as many publications would request previous work before hiring you.
Ethereum Affiliate Program
There are thousands of affiliate programs that can help you win free Ethereum. The best affiliate marketing work is if you have a busy website and can generate huge traffic. You can then share your affiliate link on the website. You can earn free Ethereum by introducing people to cryptocurrency websites if you’re excellent at persuasion. Links are used in referral schemes to recruit new members.
Free Ethereum Cloud Mining
When it comes to mining, Ethereum is the most essential and profitable coin. The concept of cloud mining is when data centers rent out their hashtags to individual customers. You can rent any amount of hashrate you wish, and the Ethereum mined will be sent to your address. You can get rid of the difficulties of equipment maintenance and operational costs for a minimal investment. Cloud mining being very popular means there are sites on which you can earn free Ethereum either as a bonus or as free rewards without deposit obligations. It’s critical that you only buy from reliable organizations and that you pay attention to the contract’s provisions.
Conclusion
Earning free Ethereum is a fantastic method to eat a piece of the pie of blockchain technology. You don’t have to be concerned about losing free coins. This provides you the opportunity to experiment with it and learn the ins and outs of the new possibilities. You will have an amazing opportunity to learn more about cryptocurrencies, blockchain networks, digital wallets, and much more while earning some ETH in your spare time.
How to Earn Free Crypto Coins
