How to Earn Free Crypto in 2024: 16 Tested Methods

There are many different ways one can earn free crypto. Whether this is through airdrops, faucets, play-to-earn games, or mining and staking, the possibilities are endless. This is a risk-free entryway into the cryptocurrency market.

This guide aims to teach you how to earn free crypto by providing tested methods and strategies.

Best Ways to Earn Free Crypto

Want to get free crypto? Pick one of the following methods.

  1. Smog – A new meme token aiming to be the greatest Solana airdrop of all time offers 42% APY.
  2. Sponge V2 – Use the stake-to-bridge mechanism to get free $SPONGE tokens, 202% staking APY.
  3. Bitcoin Minetrix – Get 64% APYs, potential for price appreciation, and BTC mining rewards.
  4. Meme Kombat – Upcoming play-to-earn game with a 112% staking APY.
  5. eTukTuk – Innovative project aiming to fight climate change, offers 258% APY. 
  6. Airdrops – Win crypto for being active members of popular crypto projects like Wall Street Memes.
  7. Lending, Staking, Yield Farming – Get high APY by utilizing idle cryptos on platforms like Coinbase.
  8. Crypto Games – Play blockchain-based games to earn free crypto.
  9. Regular Staking – Help keep the blockchain secure and earn passive rewards.
  10. Interest Accounts – Earn interest on crypto through a savings account.
  11. Giveaways – Get free tickets for a crypto project giveaway.
  12. Cashback Credit Cards – Receive free crypto coins when spending money online or in-store.
  13. Faucets – Complete tasks to earn micro amounts of free crypto.
  14. Cloud Mining – Passively earn crypto online through third-party mining operations.
  15. Brave Browser – Earn free BAT tokens by using the brave web browser.
  16. Learn-to-Earn – Take crypto educational courses and earn free crypto.

How To Earn Free Crypto – Detailed Analysis

When exploring the best ways to earn free crypto, it is important to assess the level of effort required. It is also wise to ascertain whether or not an initial financial outlay is required.

Let’s see how to get crypto for free:

1. Smog – Overall Best Way to Earn Free Crypto Via an Airdrop to Your Solana Wallet

Smog ($SMOG) is the latest meme coin on Solana that aims to be the best crypto airdrop of all time and handsomely reward Smog token holders and active community members.

The way it works is you buy $SMOG tokens on the reputable Jupiter exchange on Solana, and you hold them to earn airdrop points. Earn more points by participating in a Zealy campaign and completing tasks.

Smog token page

There is no token presale, meaning you have to buy $SMOG tokens through a fair launch via a decentralized exchange. And for that, you’ll need a Solana wallet. Use Phantom, Solflare, or Backpack and add some SOL tokens to pay for the transaction fees. Connect your wallet with the Jupiter exchange and use SOL, USDT, USDC, or any other Solana-based token to complete the purchase. Alternatively,  buy $SMOG with ETH or USDT on the Smog website and start staking your tokens for a 42% APY.

Make sure to read the Smog whitepaper to learn more about the project. Also, follow Smog on X and join the Smog Telegram channel to get the latest news.

2. Sponge V2 – Earn Free Tokens and Get 202% Staking APYs

Sponge V2 ($SPONGEV2) is another project through which you can earn free crypto tokens. This is a new token version of $SPONGE – a popular meme coin that reached a market cap of almost $100 million in 2023.

Sponge V2 homepage

Now, the Sponge developers have released a new token version – which offers added utility. Existing V1 token holders can get free V2 tokens by simply staking their holdings on the newly launched Sponge V2 smart contract. Using the stake-to-bridge mechanism, Sponge allows you to swap tokens for $SPONGEV2.

Furthermore, your locked tokens can offer annual yields for the next four years. The top performers within the game can earn $SPONGEV2 tokens as a reward. $SPONGE has a total supply of 150 billion – more than 51% will be offered as P2E and staking rewards.

For more information on this cryptocurrency, read the Sponge whitepaper and join the Telegram channel.

3. Bitcoin Minetrix – Earn Nearly 64% APY, and Get Access to BTC Cloud Mining

Bitcoin Minetrix ($BTCMTX) offers price appreciation, BTC cloud mining rewards, and staking rewards.

And all of this can be looked at through a unified dashboard where users can see how much they have earned and decide whether to stake, burn, or withdraw. 

Bitcoin Minetrix presale

Users stake their $BTCMTX, which generates mining credits over time. These mining credits are then burned in return for Bitcoin. It’s an easy way to take advantage of Bitcoin mining without any of the complexity associated with mining over Bitcoin’s PoW blockchain.

Bitcoin Minetrix has also undertaken a third-party advanced manual smart contract audit from Coinsult. The results were stellar, with no issues found whatsoever, low, medium, or high.

This is reassuring in terms of project integrity. Aside from high staking rewards, many analysts are optimistic on this coin, indicating that a 10x price increase is a possibility, if market conditions are optimal. 

For more information, users can connect with the Twitter and Telegram social accounts. It’s also a good idea to read the Whitepaper in order to understand the risk/reward profile in more depth. 

4. Meme Kombat – Novel ERC20 Meme Combat Platform With 112% APY

Meme Kombat ($MK) is a stake-to-earn utility token that provides 112% APY to token holders at the present time.

What’s interesting about this new presale is that users can allocate a portion of their staked tokens to bet on the combat between world-famous meme tokens. 

There are many ways to bet on the fight. The main methods are P v P, P v Game, and Direct. P v P allows users to bet against a friend, increasing the effects of personalization. P v Game incorporates traditional odds mechanics to place bets based on statistical probabilities, much like the classical betting model. 

Direct betting within Meme Kombat allows participants to place bets directly on characters/battles. Side bets represent a more niche offering on specific events and can add to the overall excitement. 

This is a great way to earn free crypto, with a large percentage of the token allocation going to community rewards and staking – nothing has gone to the founders or core team, and the project scores top marks for transparency and inventiveness. 

For alerts and updates, Telegram and Twitter are helpful resources. You can also read the Whitepaper, for a more nuanced understanding.

5. eTukTuk – Crypto Platform Creating EV Charging Stations, Offering 257% in Staking APYs

eTukTuk is a new cryptocurrency platform leveraging blockchain technology to help reduce pollution and promote sustainable driving means among TukTuk drivers from developing nations. 

eTukTuk token presale

At the center of the ecosystem is $TUK, the native cryptocurrency. Once the EV charging stations and EVSEs are ready, TukTuk drivers can pay $TUK on an online app. This will offer seamless transactions and be a cheaper alternative to ICEs. Territory partners will earn a percentage of each transaction as a reward. 

Furthermore, $TUK can be staked into power nodes to verify the transactions and secure the network. For staking $TUK, eTukTuk is offering a live APY of 257%. The numbers will change as more tokens are staked on the ecosystem. So far, over 19 million tokens have been staked on the ecosystem. 

$TUK can be purchased through the ongoing presale for only $0.02725 per token. Read the eTukTuk whitepaper and join the Telegram channel to stay updated with the presale. 

6. Airdrops – Win Crypto for Being Active Members of Popular Cryptocurrency Projects

Airdrops often have a very simple requirement – be an investor and become an active part of the project.

However, sometimes, the investor is required to perform some very simple actions like following the project’s page on social media platforms, tweeting or posting about the project, etc.

wall street memes presale

If you are an investor who is looking to park funds into a high-potential project that has an airdrop opportunity, then you can consider a crypto initiative like Wall Street Memes.

The meme coin project is currently on presale and has already raised more than $26 million in just 12 weeks – it is set to end in late September before listing on Uniswap.

Wall Street Memes also offers staking and is currently offering a $50,000 airdrop to token holders who take part in social media tasks.

Developed by the team behind the Wall Street Bulls NFT collection, Wall Street Memes has a social media following of more than a million and has also had Elon Musk interact with their posts.

For more information and the latest news visit the Wall Street Memes Linktree.

7. Lending, Staking, Yield Farming – Get high APY by utilizing idle cryptos

Crypto staking is an extremely popular – and potentially lucrative – method of earning free crypto coins.

In basic terms, it allows investors to lock up tokens into a pool that generates interest on those tokens in exchange for them being unable to be sold.

Coinbase staking

Different projects offer different staking amounts based on a variety of factors, including the size of the staking pool, the length of the staking period, and the current value of the token.

We have compiled a list of the best DeFi interest rates, with Coinbase allowing users to earn up to 693.8% for staking Yearn.Finance tokens at the time of writing – although rates are subject to frequent change.

Similarly, the best crypto lending platforms allow users to deposit crypto and act as a lender for other users and earn yield on those. At the time of writing, Nexo has competitive lending rates as high as 11%.

Yield farming is another way to earn a passive income on the tokens owned by an individual investor, allowing their tokens to be used for market-making and then rewards funded by trading commissions – a share of the collected by the exchange. Interest over 100% can be earned on the best yield farming platforms, although that is for volatile and risky crypto pairings.

8. Crypto Games – Play Blockchain-Based Games to Earn Free Crypto

Play-to-Earn gaming is one of the biggest growth areas in crypto and a fun and exciting way to earn free tokens. All of the leading crypto games allow players to earn in their ecosystems for completing tasks, missions, and objectives just as a player would on a Web2 console.

There are hundreds of games available, and more are being developed every day, covering all sorts of genres, from fighting, shooting, and racing games to RPGs and card-trading games.

Sandbox — P2E game for creatives that also follows the “land-as-NFT” model

Furthermore, games such as The Sandbox and Decentraland have developed huge metaverse worlds that allow players to build and monetize virtual plots of land, mining resources, selling buildings, or even tickets to events for real crypto.

Some of the best play-to-earn games in recent years include Axie Infinity, Splinterlands, and Ember Sword. The main concept is that players will earn crypto tokens for progressing through the game.

For instance, in Axie Infinity, players earn AXS tokens when defeating other virtual creatures. This incentivizes users to engage with the game long-term, considering they can accumulate free crypto. Users can withdraw their in-game tokens at any given time and cash them out at a crypto exchange.

Another area of the crypto gaming space that is worth looking into is the Lucky Block casino. This crypto-centric casino site offers thousands of games and sports betting markets as well as a superb welcome package of 200% in matched deposit bonuses – the maximum reward on offer is €10,000 – plus 50 free spins.

Lucky Block

For instance, by depositing €5,000 worth of crypto, Lucky Block will match this by €10,000 – taking the total balance to €15,000. Players can then use their crypto rewards to gamble on various games. Lucky Block also runs regular promotions for existing players in addition to cashback rewards and VIP perks.

There is no KYC process at Lucky Block. This means that players can head over to the Lucky Block casino and gamble anonymously. The minimum deposit at Lucky Block is $1. But to qualify for the welcome bonus, a minimum deposit of €20 must be made.

Lucky Block offers nearly 3,000 of the best slots games on the market from developers such as Pragmatic Play, Evolution, and Hacksaw Gaming, as well as traditional casino games like roulette, poker, and blackjack – with both live and virtual dealers and tables for all levels of players.

9. Staking – Help Keep the Blockchain Secure and Earn Passive Rewards

One of the easiest ways to get free crypto is to deposit tokens into one of the leading crypto staking platforms. For those unaware, staking helps keep a blockchain network safe and functional. The tokens are locked into the blockchain for a certain period. This could be anything from a few days to 12 months.

When staking, users will receive a portion of the network fees generated by the respective blockchain. This is through the proof-of-stake consensus mechanism, which is used by some of the leading networks. This includes Ethereum, Cardano, and Tron. The entire staking process is completely passive, which is why it represents a popular way to earn free crypto.

There are two ways to engage in staking. The first option is to deposit the funds directly into the blockchain. This removes the need to use a third party, but rewards are generally lower. The better option is to use a staking facility that is offered by a reputable cryptocurrency exchange.

10. Interest Accounts – Deposit Crypto into a Savings Account for an Attractive APY

Another method to consider when exploring how to get free crypto is interest accounts or the best crypto savings accounts. There are many providers active in this space and each account will come with its own pros and cons. Nonetheless, the concept of crypto interest accounts works much like a traditional certificate of deposit (CD).

Investors will deposit their funds into a crypto interest account and earn either a fixed or variable APY. Just like staking, the process is completely passive. Some crypto interest accounts are flexible, which means investors can withdraw their tokens at any time. Others are fixed, which means a minimum lock-up period must be agreed to.

Either way, investors will earn rewards in the same crypto asset that is deposited. For instance, by depositing Bitcoin into an interest account, rewards are distributed in BTC tokens. Some providers pay interest daily, which is great for compounding the investment.

Let’s suppose that an investor deposits 1 ETH into an interest account with an APY of 20%. The investor opts for a six-month fixed term. After six months have passed, the investor will receive their original 1 ETH. This is in addition to the interest rewards, which amount to 0.1 ETH (20% APY on 1 ETH / 6 months).

One of the best ways to earn cryptocurrency rewards through interest accounts is at OKX. This popular exchange supports a wide range of interest accounts – all of which come with flexible withdrawal terms. Established cryptocurrencies like Bitcoin and Ethereum come with an APY of 5%.

11. Giveaways – Get Free Tickets for a Crypto Project Giveaway

The crypto market is now over-saturated. One of the most common ways for new projects to stand out in the market is by offering a generous giveaway. The project will run a competition and offer its native crypto token as a reward. Entry usually requires users to earn free tickets by completing a range of tasks.

Therefore, no upfront investment is required. One of the best crypto giveaways right now is being offered by C+Charge. This project is revolutionizing the EV charging industry by enabling car owners to earn tokenized carbon credits. This incentivization program is backed by blockchain technology, so carbon credit rewards are earned in a transparent environment.

C+Charge is offering a $50,000 giveaway in its native token, CCHG. There are more than a dozen ways to earn a free ticket entry into the giveaway, such as following, tweeting, and sharing C+Charge socials. So far, more than 180,000 tickets have already been claimed and the draw will take place in just over three weeks.

12. Cashback Credit Cards – Get Free Crypto When Spending Money Online or In-Store

Those wondering how to earn cryptocurrency without investment might consider obtaining a rewards-based credit card. There are several options in the market, each of which offers cashback rewards on real-world purchases. This operates like a traditional cashback credit card but rewards are paid in crypto.

The idea is to use the crypto-backed credit card for every purchase made throughout the month. This should include purchases that would otherwise be made with a normal credit card, such as coffee, lunch, gym memberships, hotel bookings, etc. In doing so, each purchase will accumulate crypto cashback.

Just be sure to clear the credit card in full each month. This will ensure that interest payments are avoided. Users can also start earning free crypto coins with FreeCash. This website offers free crypto to those who test new apps, play games, and sign up for new platforms.

FreeCash home

For example, you can accumulate cash by signing up for a free trial month on Netflix or by installing the Bybit platform. So far, FreeCash has paid out more than $50 million in revenues.

Users can cash out and receive funds in Bitcoin, Dogecoin, Ethereum, and Litecoin.

13. Faucets – Complete Tasks to Earn Micro Amounts of Free Crypto

Those wondering how to earn free cryptocurrency without spending any money will likely find that faucets are suitable. This requires no upfront capital at all, which will appeal to those on a budget. Put simply, faucets are websites that enable users to earn crypto online by completing basic tasks.

The amount of crypto paid is very small, but it is free crypto nonetheless. For example, some crypto faucets pay rewards for completing surveys. Others include tasks such as playing mobile games, completing captcha requests, and watching videos. The amount of free crypto paid is aligned with the amount of effort required for each task.

Faucets

It is wise to spend some time researching a crypto faucet site before proceeding. Many faucets turn out to be scams and as such, do not pay their users. One of the most reputable crypto faucet websites is FireFaucet. This platform offers plenty of earning opportunities each day. Payments are made directly to the user’s wallet and 13 cryptocurrencies are supported.

14. Cloud Mining – Passively Earn Crypto Through Third-Party Mining Operations

Cloud mining is another option to consider when exploring how to earn crypto for free. This concept enables users to earn mining rewards without owning any specialist equipment. This will appeal to those on a budget, considering that the most advanced mining hardware costs many thousands of dollars.

This also removes the need to build up huge electricity bills. When cloud mining, the required hardware rigs are already owned by a third party. The investor will simply deposit funds into some of the top cloud mining websites and earn a share of any revenues generated. This means that cloud mining enables investors to earn free crypto passively.

Cloud Mining

One of the leading cloud mining websites is ECOS. We like that ECOS offers a real-time calculator that estimates the cloud mining rewards on offer. Not only does ECOS support Bitcoin cloud mining, but plenty of other cryptocurrencies. ECOS has small minimum investment requirements in place and mining rewards are paid daily.

15. Brave Browser – Earn Free Crypto by Using the Brave Web Browser 

The Brave web browser is an innovative concept developed by Basic Attention Token. The browser enables users to access the internet but with enhanced privacy features built-in. Moreover, users can decide whether or not they wish to view ads. If they do, then the user will earn BAT tokens for every ad that they are exposed to.

Brave

Best of all, ads are only shown from within the Brave Private Ads network. This means that ads will be relevant to the user’s interests. There is no upfront investment required to earn BAT via the Brave browser, nor do any tasks need to be completed. Users simply download the browser and surf the web as normal.

16. Learn and Earn Crypto – Take Crypto Educational Courses and Get Free Crypto

The final method to consider is to earn crypto while learning. This is a concept that rewards people for taking educational courses on crypto. These programs are often run by large crypto exchanges as a means to educate the public on the benefits of blockchain. And what better way to motivate complete beginners than offering free crypto rewards?

Coinbase

Coinbase, for example, offers an in-house learn-to-earn program that rewards users for reading articles and watching videos. Rewards are paid in a variety of different cryptocurrencies, including Stellar, EOS, Orchid, and BAT. There is no requirement to deposit or risk any money when using the Coinbase learn-to-earn program.

Which Cryptocurrency is Best for Earning

We found that certain cryptocurrencies are better than others when it comes to earning free rewards.

Here’s an overview of the best cryptocurrencies to focus on:

Presales

One of the best ways to earn crypto is by investing in the best crypto presales on the market.

There are several reasons for this. First, presales are brand-new crypto projects that are often creating a solution to a real-world problem. Alternatively, some presale projects seek to revolutionize certain industries.

Either way, presales offer an unrivaled opportunity to invest in a new concept from the ground up. This innovative concept will incentivize users to give their opinions while earning free crypto along the way.

PoS Crypto

Proof-of-stake (PoS) cryptocurrencies also offer a great way to earn free crypto. This is because PoS coins are deposited into the native blockchain to keep the network secure. In return, the PoS coins generate passive income via staking.

Many exchanges allow users to stake PoS cryptos like Ethereum, Tron, and Cardano and other leading altcoins at various APYs.

Low-Cap Crypto

Low-cap crypto projects also offer a great way to earn free crypto coins. This is because low-cap coins often come with huge APYs when depositing them into an interest account.

As we noted earlier, depositing Smooth Love Potion tokens into OKX will generate an APY of 123%. Other examples include Sweat and Core, which offer APYs of 97% and 78% respectively.

These APYs are far and beyond what can be earned in a traditional bank account or CD.

DeFi Coins

Decentralized finance (DeFi) coins are also ideal for earning free crypto. These are usually coins that back a decentralized exchange (DEX). For instance, the UNI token backs the Uniswap ecosystem. And SUSHI backs the SushiSwap exchange.

By holding a DeFi coin, it is possible to earn free crypto via staking, yield farming, and other passive income streams. OKX is once again a good option here, especially when it comes to APYs.

For example, OKX offers an APY of up to 18% when depositing TrueUSD. This is a stablecoin that is pegged to the US dollar, so investors can avoid the volatility often associated with cryptocurrencies.

How to Earn Free Crypto Safely & Avoid Scams

In recent years, the growing popularity of cryptocurrencies has unfortunately led to increased scams and fraudulent schemes.

The alarming rise in fraudulent crypto projects stealing from their investors has highlighted the importance of conducting thorough research before making investment decisions.

To safely earn crypto and protect your investments, it’s essential to follow these guidelines:

  • Research and education: Before investing in any cryptocurrency or project, conduct thorough research and educate yourself about the technology, the team behind the project, and the market dynamics. Familiarize yourself with common scams and red flags to better identify them.
  • Secure your wallet: Choose a reputable and secure wallet to store your cryptocurrencies. Use hardware wallets for long-term storage, and enable two-factor authentication (2FA) to provide an extra layer of security.
  • Be cautious with ICOs and IEOs: Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs) can be lucrative investment opportunities but can witness scams. Investigate the project’s whitepaper, development team, and token utility before investing.
  • Avoid “get rich quick” schemes: High returns with little risk are usually too good to be true. Be skeptical of projects that promise unrealistic profits or require you to recruit others to participate.
  • Check for regulatory compliance: Look for projects that comply with relevant regulations in your jurisdiction to minimize the risk of legal issues or scams.

    Conclusion

    Understanding how to earn free crypto can get you a risk-free entry point into the crypto world. By exploring methods such as airdrops, giveaways, crypto faucets, mining staking and many more, individuals can acquire cryptocurrencies without spending a dime.

    That said, the Smog airdrop is probably the best way to earn free crypto. All you have to do is complete the Zealy campaign quests and buy $SMOG tokens. When the time comes, 490 million tokens will be airdropped to eligible wallets.

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    Kane Pepi

    Kane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…