Many people wonder how to make money on cryptocurrency without investing, especially when the world is in a difficult economic situation. There are several types of Bitcoin and altcoin earnings. They differ in the effort that will be required of you and the economic potential that you can count on. Below we will describe each method in detail, pointing out its pros and cons, giving examples and algorithms.
Is it possible to earn cryptocurrency without investing?
There is always an opportunity to earn passively. For example, staking programs with USDT can bring up to 12% per annum. That is, investing 100 thousand dollars, you will get 12 thousand dollars in a year with nothing to do. But this is if you have some start-up capital. If you don’t have it, earning on cryptocurrency is still available to you. Say, free NFT games with withdrawal. There are not many of them, but they are available.
Method 1. Cryptocurrency affiliate programs
Making money on Bitcoins without investing is available to customers of most cryptocurrency exchanges. Usually such exchanges use several methods to attract new users. Among them – affiliate (or referral) programs.
The essence of the affiliate program is that the registered and verified user receives a personal link. He can place it anywhere at his will. Every person who clicks on this link and starts trading at the site will bring the owner of the link bonuses.
As a rule, bonuses are given out in a working token of the site or in some cryptocurrency. Example: You invited an acquaintance to the Binance cryptocurrency exchange. Depending on your activity on the site, you can get up to 50% of all trading commissions for this referral, which he pays to the exchange. Of course, the more referrals, the bigger the payout.
When thinking about how to make money on cryptocurrency, consider a special kind of affiliate programs available to authors of popular blogs. The author places a referral link on his blog and receives payments for each user who clicks on it and starts trading on a cryptocurrency exchange. Such programs are usually more profitable than standard affiliate programs, because the payouts are larger and the potential reach is wider.
Pros and cons of affiliate programs
Main advantages: you don’t need to trade on the platform to get bonuses. Affiliate programs do not require starting capital. You only need to place an affiliate link almost anywhere, inviting everyone in a row.
Main disadvantages: you have to be socially active to earn well. Bonus payments are usually made in working token, which needs to be converted to your convenient cryptocurrency, and this requires commission costs.
How much can I earn?
For example, let’s take the affiliate program of Kraken cryptocurrency exchange. Here, earnings on cryptocurrency through referrals is 20% of their trading fees. Let’s say your referral closes three trades a day and pays $1, $10, $100 commissions for them. You receive 20% of each commission, i.e. $0.20, $2 and $20. In total, you will earn $22.2 per day from one active partner.
Method 2. Bitcoin cranes
How to earn on cryptocurrency for the beginner? One of the easiest ways is Bitcoin cranes. This is the name of special platforms, which pay users rewards for performing simple tasks. Usually they are watching commercials, registering and posting on forums, writing reviews.
For each such action on the account of the user “drops” a little money. On reaching the minimum limit, funds can be withdrawn to an external wallet. Additional payments are possible to receive due to bonus programs and loyalty programs, many of Bitcoin cranes introduce such today.
The main characteristics of Bitcoin taps:
- timing – the time that must pass between performing tasks;
- rate – the amount of remuneration for the execution of a typical job;
- limit – the minimum amount that can be withdrawn from the site.
To make it clear how it works: ClaimFreeCoins has the rate of 20 satoshis (the minimum Bitcoin unit), timing – 5 minutes, but there is no limit. This means that in 1 hour you can earn 240 satoshi, and in a working day (8 hours) you can earn 1920 satoshi.
Pros and cons of Bitcoin cranes
Main advantages: you do not need any investments, special knowledge and equipment, only free time and the simplest PC or smartphone/tablet.
Main disadvantages: Bitcoin cranes do not bring significant profit, even with the highest activity it will be only a few dollars a day.
How much can be earned
Example – Bitcoin crane FireFaucet. Rate from 10 satoshi, timing 1 minute, limit 40 thousand satoshi. You can earn at least 600 satoshi per hour, or 6000 in 10 hours, while you are working non-stop. This yields a minimum of 0.00006 BTC or $1.371096 USD.
Method 3. PTC Websites
Considering how to make money from cryptocurrency without investing anything and without any special knowledge, many stop at this method. PTC websites are similar to Bitcoin cranes. The difference is that on the cranes the tasks are different, while on PTC there is only one type – the user needs to click on the advertisements. There are no timings on PTC websites, but there are other parameters by which they can be compared:
- potential returns;
- list of cryptocurrencies;
- minimum withdrawal.
Most PTC sites determine payouts according to the roulette principle. The user literally spins the roulette wheel before watching the ads and the number that falls out reflects the potential earnings. The higher the number, the more coins the user will get after watching ads. Coins – the internal currency of PTC websites, which is exchanged for real money.
Pros and cons of PTC websites
The main advantages: no special knowledge is needed, there is no need for powerful equipment (a smartphone is enough), no minimum deposit is required.
The main disadvantages: the same as for Bitcoin cranes. That is, you can not provide yourself a substantial income, even if you do not take your eyes off the screen for 16 hours a day.
How much you can earn
For example, take Start click. Not the highest paid, but proven and reliable PTC site. Offers a universal answer to the question of how to make money on cryptocurrency without investing. Pays an average of $0.01 per click on ads. Plus bonuses for activity and referrals. You can earn up to $10-15 per day, but you will have to try very hard.
Method 4. NFT games without investment with withdrawal
Earning cryptocurrency through games is a fait accompli. The first such game appeared in 2017, it is the well-known CryptoKitties. Today there are hundreds of them, free with withdrawal – dozens. The difference between NFT games and regular games is that the characters and in-game items in them are non-exchangeable tokens. They are sold and bought on the internal marketplace of the game, and the funds can be withdrawn to an external wallet.
An example of an NFT game is Blankos Block Party. Registration is free and the game is available on Windows and MacOS. Is a competitive MMO in a cartoon style. While completing various tasks, players receive “blanks” for which they can buy and sell NFT items and characters. Also, all NFT are sold for cryptocurrency, they are easily withdrawn to the wallet MetaMask or similar.
Pros and cons of NFT games
Main advantages: some NFT games are free, require no starting capital. The gameplay is fun, allowing you to combine business with pleasure. Most games are socially oriented.
Main disadvantages: to count on a substantial profit, you need to quickly understand the basic mechanics of the project and constantly “farm”, and it is very time-consuming.
How much can you earn
Axie Infinity is one of the top projects. In general, the game requires investments at the start (to buy the first characters). But you can start for free if you rent monsters from someone (the game itself encourages this practice). Starter monsters cost 200-500 dollars, but at advanced levels there are characters for 15 thousand dollars and above. Here is the answer to the question of how to make money on cryptocurrency without investing.
Method 5. Participation in Airdrop
Airdrop is a marketing strategy that allows you to promote cryptoprojects by introducing a native site token into circulation. Let’s say a new blockchain is launched. In order for its working token to get high liquidity at launch, a certain amount of coins is distributed to users for free. Sometimes this requires a series of simple actions, say, subscribing to the project’s community in some social network and reposting the said post.
When considering how to make money from cryptocurrency, not many people consider this option. That’s because airdrop is not as well known as PTC websites or NFT games. In addition, not all cryptocurrency exchanges offer users to participate in airdrop. For example, Kraken is one of the largest platforms in the world, but does not offer airdrop. On the other hand, airdrop is available at Binance, which is another representative of the top rankings.
To participate in Airdrop, it is enough to have a verified account, no special actions are required (except those specified in the terms of Airdrop).
Pros and Cons of Airdrop
The main advantages: to participate in airdrop, you just need to register at the site and be verified (the latter is not always required). It is earnings on cryptocurrency without investment and special knowledge.
The main disadvantages: you need to know proven sites with profitable offers; airdrop does not give really a lot of coins; additional actions may be required.
How much can be earned
It is difficult to name even an approximate amount. Each new project has its own conditions on airdrop. As an example, let’s take a cryptocurrency COTI, for which Binance recently held an airdrop. The conditions were as follows: you had to buy COTI, and as an ardrop bonus, the user would get 25% of the amount of coins he bought for free. Let’s say you bought 10 thousand COTI, and received an additional 2.5 thousand. At current exchange rates, that’s $280.5.
Method 6. Completing tasks for cryptocurrency
This is one of the most popular answers to the question of how to make money on cryptocurrency for a beginner. Many sites that work with blockchain conduct alpha tests of new features. For the tests, they ask users to perform simple tasks, offering some cryptocurrency in return. This is a common practice and can be found on major platforms.
If you are interested in this cryptocurrency earning option, the easiest way is to find a specialized aggregator site like Cointiply or Cryptomininggame. Such sites collect tasks from different sites and provide them in a conveniently structured form. Or they form their own pool of jobs. It can be participation in a survey, registration on a new platform, testing a support bot in live chat. Due to the variety of tasks, everyone has the opportunity to pick up a variant of earnings, based on personal preferences.
Pros and cons of performing tasks
The main advantages: to start earning, you need to register on a special platform, nothing more. You do not need powerful equipment, special knowledge, start-up capital.
The main disadvantages: according to the ratio of profit and time spent, this is far from the most effective way of earning. Tasks with the most profitable conditions are not so much, on aggregators they are quickly dispersed.
How much can I earn?
For example, let’s take Cointiply. This is one of the largest aggregators with tasks that allow you to earn on cryptocurrency without investment. The site can be accessed through a personal computer or smartphone with iOS/Android operating system. It always publishes a lot of tasks of different types – from viewing ads to writing reviews. If you actively work for 4-6 hours, you can earn about $5-7 USD per day. For more time there is simply not enough free tasks.
Withdrawal
How to earn on cryptocurrency without investing? You can use affiliate programs of cryptocurrency exchanges, bitcoin cranes, PTC, perform various tasks for cryptocurrency. All these ways of making money from cryptocurrency do not require any investment or knowledge, only time. But they have one common problem – they don’t allow you to earn much. So if you are interested in how to make a substantial amount of money from cryptocurrency, there is only one option – cryptocurrency exchanges. They are free and offer many ways to make active and passive money.