There are several ways to earn cryptocurrency for free in 2024. Some of them are really easy and require minimal effort, but some are also scam projects that only cost you time and money. So here, I would like to share the best six reliable ways to earn free cryptocurrency in 2024.
Tip: Always do thorough research before investing your time and resources into any cryptocurrency project.
1. Binance MegaDrop
Binance MegaDrop is a new token launching platform introduced by Binance. By participating in MegaDrop campaigns, you may receive tokens and coins from new and/or existing cryptocurrency projects. You will need to stake your BNB tokens and complete tasks and quests to participate. Currently, there's a second MegaDrop campaign happening, and by participating in it, you will receive LISTA tokens.
How to access MegaDrop
Go to the home session of the Binance mobile app and click more. You will see the MegaDrop icon.
2. Binance LaunchPool
Binance LaunchPool is also a token-launching platform that is similar to MegaDrop. But in Binance LaunchPool, you will need to stake coins and stablecoins like BNB and FDUSD during the period of LaunchPool and farm to get the launched token as a reward. The number of tokens received will be different according to the amount you staked and how long the staking period is.
3. Binance Earn
Binance Earn is a bit different from previous token launching platforms. There are multiple products in Binance Earn, including staking, savings, liquidity providing and more. You can use the cryptocurrency you are holding, such as BTC, ETH, BNB, and USDT, to stake on Binance Earn and get the same token as a reward. There are several types of different staking products on Binance Earn, such as flexible, locked, and simple earn. You can access Binance Earn by going to the Earn menu on the web or app.
4. Binance Learn and Earn
Similar to Binance Earn, Binance Learn and Earn can provide free cryptocurrencies. But in Binance Learn and Earn, you need to learn about different crypto projects and complete tasks and quizzes to earn rewards. Learn and Earn is a great way to get cryptocurrencies for free while learning new knowledge about the digital currency world. You can access Binance Learn and Earn by going to the Academy menu under Square.
5. Write2Earn on Binance Square
Binance Square is a community with a newsfeed where users can write and post about cryptocurrencies, analysis, and projects. By participating in the Write2Earn program on Binance Square, you can also get rewards in cryptocurrencies. You will need to sign up as a Binance Square creator first and then start creating valuable and quality content to receive rewards.
Referral Programs and Social Media Campaigns on Binance
Binance's referral programs allow you to become an affiliate of Binance, and you can start inviting friends and families. And then you can earn a percentage of their trading fees as a reward. Binance also often runs social media giveaway campaigns on their own social media accounts as well as through KOLs. You can participate in these campaigns and earn rewards as well.
These are the 6 free ways to earn free cryptocurrency in 2024. Feel free to comment and share your thoughts. I hope you found this information helpful!
Risk Disclaimer: Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions.