What is the best way to earn free cryptocurrency and free NFTs? We’ve all heard of airdrops and signup bonuses, as a way to earn cryptocurrency, but none of these methods gives you a significant amount of crypto to actually do something with it.
After some in-depth research of the current ways to earn free crypto, we can recommend a platform that doesn’t require any initial investment.
How to earn free cryptocurrency and free NFTs? Continue reading to discover how you, too, can make a monthly income from crypto and start earning.
Old Strategy to Earn Free Crypto
Giving away free crypto as a reward for performing an action has been one of the main drivers for adoption at the beginning of the crypto era.
Some of these methods are still used today, and anyone can use them to get free crypto. What are the old strategies you can still use to earn crypto and bitcoin rewards?
Crypto Giveaways
Just like traditional giveaways, crypto companies will sometimes organise a giveaway for their users to create awareness around their coin.
Most of these crypto giveaways will have specific rules to follow that may differ from one giveaway to another and in return, participants may earn cryptocurrency.
An example would be when an exchange when it lists a new coin on its platform.
That’s when they need more users and publicity to spike up the volume. By organising a giveaway, they ask users to share the news on social media, follow them on their socials, and sign up for a new account.
The prizes are incredibly enticing for new crypto enthusiasts, but the competition is also high.
Beware of the many giveaway scams on social media. Most of these scams require participants to send a specific amount of crypto to a given address. Don’t do it. You’ll lose your crypto.
Crypto Coins Airdrops
Usually, new cryptocurrency projects perform airdrops.
They give their cryptocurrency to new users in exchange for a small task, such as a share on social media.
Airdrops allow people to obtain free crypto and to become investors while the company gets free publicity and creates awareness around its product. Airdrops may also help users start learning about crypto and their project.
Signup Bonus
Platforms such as Coinbase and eToro are offering signup bonuses in crypto for new users.
The bonus is often received after a specific condition has been fulfilled, such as taking a quiz about a new cryptocurrency or deposing a specific amount of cash in your exchange wallet.
Note that some platforms ask for ID verification, and then they report back to the fiscal entities.
Crypto Stacking
Stacking is a way to support the security and operations of a blockchain by locking your funds in for some time and receiving rewards for it. Staking is one of the safest ways to generate a passive income from your crypto funds. It is much safer than crypto trading, although the rewards may be smaller.
Some platforms allow users to stack crypto directly from their crypto wallets, such as Trust Wallet. Exchanges also offer the option to stake your tokens by keeping the coins in the exchange wallet. PancakeSwap is famous for this practice.
Users who participate in staking contribute to the consensus mechanism of the blockchain by facilitating the Proof of Stake (PoS).
Unlike the Proof of Work used by Bitcoin’s blockchain, the PoS algorithm randomly chooses one of the staking participants to validate the next block.
Earn Xfc for Free Using Your Football Knowledge
Earning free crypto is awesome, but you need to signup to many different platforms to collect all the small bonuses.
What all of the ways mentioned above to get free cryptocurrency have in common is that you only get the bonus once, and after that, you need to trade or perform other actions that require you to spend money.
In this case, what’s the best way to get free cryptocurrency for an indefinite time?
We found a platform that rewards users with free cryptocurrency for staying active, and it doesn’t require you to spend any money.
It’s a fantasy football game on blockchain called FootballCoin.
Yes, you will need to know a thing or two about football, but you might get lucky anyway.
The win the game’s cryptocurrency, XFC, you need to create a valuable football squad.
Unlike real life, fantasy football gets really fun when choosing the lucky combination of 11 players.
What Is Fantasy Football?
The players from real football games all have collectable football cards in the game. According to their real-life performance, they get a score in the fantasy football game.
In FootballCoin, more points equal a higher chance of winning XFC prizes in the daily fantasy football contests.
That’s why you need to be intentional when choosing your team in fantasy football. The better the players play in real life, the better for your fantasy football team.
Daily Contest in Footballcoin
FootballCoin organises daily contests for the main European football leagues and tournaments. It also features the North American MLS league and the Chinese league CSL.
Contests in FootballCoin reflect the games played in real life.
FootballCoin players are called managers. The managers can choose the football players in their fantasy football team based on those playing in real life, in those particular football games.
The contests are free to join and have substantial prices in the game’s cryptocurrency, XFC.
The game’s mechanics also allow users to create their own contests, for which they can charge a participation fee. These are called private contests and are fun to play within a group of friends passionate about football.
Play for Free and Win Crypto
One of the best ways to earn bitcoin and free cryptocurrency is by joining a free blockchain game. What sets apart FootballCoin from other blockchain games is the free-to-play feature.
It’s free to set up an account. And it is free to play. There are free daily contests that anyone can join to win real crypto.
The free daily contests in FootballCoin are tournaments. There are two kinds of tournaments. The Double Up tournaments reward the first half of the ranking managers. The Top 30% tournaments reward the top 30% of managers.
After a contest is finished and all, the rankings are calculated according to the scoring system. The players from the contest are rewarded automatically with XFC, depending on their rank in the contest.
The free cryptocurrency is deposited automatically in your FootballCoin wallet, and you are free to use it however you want.
You can choose to invest in the game, get more NFT digital assets in the game, or you can simply send it to one of the crypto exchanges that accept XFC and trade it.
How to Get Free NFTS
By now, most crypto enthusiasts have been talking about and investing in non-fungible tokens and some big names in the industry have talked about acquiring NFT collections.
It’s important to note that FootballCoin supports non-fungible tokens (NFTs). In fact, its market for football player cards is actually an NFT marketplace.
NFT marketplaces are where the cards can be traded. In the FootballCoin market, the game’s users are able to freely buy, sell and lease non-fungible tokens and grow their NFT collections.
Furthermore, the player card tokens can be easily exchanged for another card, for a small fee. In this way, the game guarantees that users will always have cards that can be used in the game.
Assuming you start right now playing FootballCoin with a new account, you will get free crypto if you join the free daily contests. According to your real football knowledge, you will be able to create better fantasy football teams for free.
These teams that perform well will allow you to get the game’s crypto, XFC. You can later use that crypto to buy the game’s NFTs.
In FootballCoin, there are two different kinds of NFTs.
You can get football player NFT cards, which are usually for more famous players, such as Christiano Ronaldo. Having these cards will eventually help you rank better in the tournaments and earn even more XFC.
The other kind of NFT is the stadium card. These can be used to create your private contest, and you can earn a passive income from the fees that managers pay to join your contest.
By definition, NFTs come in limited supply and are often called collectable cards in the game.
While NFTs are a good way to store value and generate more income in FootballCoin, they are not required to play. However, it’s nice to know that you can buy them if you perform well in the free contests without investing your money.
No Investment Required
FootballCoin doesn’t require any investment to play or to win in the game.
Unlike the famous mobile games that are pay-to-win, which sell worthless assets, in FootballCoin, you own everything you collect and win.
The game has many different assets that might help you advance and earn even more crypto, but no investment is required.
Most players start with nothing, and after a few months, are able to trade or sell their assets for a profit.
It’s important to point out that regular players get a monthly income from the game without an initial investment.