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Top 20 Ways To Earn Free Cryptocurrency

MNabilAli

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There are several ways to earn free cryptocurrency, although it is important to keep in mind that “free” cryptocurrency is not really free, as it usually requires some sort of effort or time investment on the part of the user. In the list bellow you will find 20 ways that can earn you some free cryptocurrency.

1- Participate in airdrops:

Some cryptocurrency projects will distribute free tokens or coins to their community to increase exposure and adoption. Keep an eye out for these opportunities and make sure you have a wallet that supports the cryptocurrency you are receiving. You can check websites like Coinmarketcap, airdrops.io or DappRadar to learn about the latest free crypto airdrops.

2- Complete online tasks

Some websites and mobile apps offer small amounts of cryptocurrency as a reward for completing tasks or answering online surveys.

3- Join a cryptocurrency faucet

A cryptocurrency faucet is a website that dispenses small amounts of cryptocurrency to visitors. These amounts are usually very small, but they can add up over time. Bitcoin faucet was first introduced by Gavin Andresen in 2010 to promote BTC to a wider audience, it became a precursor to websites where you could exchange BTC for goods and services. You can use some legitimate online faucets like:

FreeBitco.in Faucet

Cointiply Faucet

4- Participate in cryptocurrency giveaways or contests

Some cryptocurrency projects and individuals will hold contests or giveaways where you can earn free cryptocurrency by completing tasks or solving problems.

5- Offer goods or services in exchange for cryptocurrency

You can earn cryptocurrency by offering goods or services in exchange for it. This can be a good way to start using cryptocurrency and get a feel for how it works. Jobs4Bitcoins on Reddit would be a good start.

6- Use Brave browser to earn free BAT tokens

You can earn daily BAT tokens by just viewing ads using Brave Browser. Your earned tokens will arrive on the 5th of the next month. You can also the built-in BAT wallet to send tips in BAT tokens to encourage and support content or creators that you love.

7- Mine cryptocurrency

Cryptocurrency mining is the process of verifying transactions on a blockchain and adding them to the public ledger. Miners are rewarded with a small amount of the cryptocurrency they are mining. To be a crypt miner you would need to invest some money to get some specific hardware that will help you to start mining. You can also use your web browser to earn some cryptocurrency by CPU mining some crypto projects like Nimiq.

8- Join a cryptocurrency referral program

Some cryptocurrency projects offer referral programs where you can earn a percentage of the transaction fees or cryptocurrency earned by the people you refer.

9- Buy and hold AKA HODL

Some cryptocurrencies, such as Bitcoin and Ethereum, have increased in value significantly over the years. If you buy and hold these cryptocurrencies, you may be able to sell them for a good profit later on.

10- Stake cryptocurrency

Some cryptocurrencies, such as ARK, Tezos, Polkadot (DOT) and Cosmos(ATOM) , use a proof-of-stake consensus mechanism, which means that you can earn a reward for holding and staking the cryptocurrency. You can also use digital wallets like Exodus Wallet where you can earn small amount of crypto for staking your coin.

11- Lend cryptocurrency

You can earn a return on your cryptocurrency by lending it out to borrowers through a cryptocurrency lending platform. Just be sure to do your research and only lend to trustworthy borrowers to reduce the risk of default.

12- Participate in cryptocurrency bounties

Some cryptocurrency projects will offer rewards for completing specific tasks or promoting their project. These tasks can range from creating social media posts to finding bugs in their software. You can check Altcoins bounty section at bitcointalk.org to find the latest free bounties.

13- Provide liquidity on a decentralized exchange

Some decentralized exchanges (DEX) allow users to provide liquidity to the platform in exchange for a share of the trading fees.

14 -Sell goods or services on a cryptocurrency marketplace

There are several online marketplaces that allow you to sell goods, services and digital products in exchange for cryptocurrency.

15- Earn interest on your cryptocurrency

Some cryptocurrency exchanges and other online crypto platforms allow you to earn interest on your cryptocurrency by lending it out to borrowers.

16- Participate in staking pools

Staking pools allow you to pool your resources with other users to increase your chances of earning a staking reward.

17- Participate in cryptocurrency lending pools

Lending pools allow you to pool your resources with other users to increase your chances of earning a return on your cryptocurrency.

18- Provide node services or run master nodes

Some cryptocurrency projects allow users to run a node service or master nodes and earn a reward for their contribution to the network.

19- Participate in cryptocurrency online games

Some cryptocurrency projects offer free tokens or coins as a reward for playing online games. Websites like ArkFun.io offers free ARK cryptocurrency every day to the winners of their online games. You can use ARK desktop wallet to play and earn free ARK coins as well.

20- Sell cryptocurrency on a decentralized exchange

Some decentralized exchanges allow you to sell your cryptocurrency directly to other users, rather than going through a centralized exchange.

21- Participate in cryptocurrency trading competitions

Some platforms offer trading competitions where users can earn cryptocurrency by trading virtual assets.

Edit: January 1st,2023: Added Brave Browser, Added Nimiq

Daily cryptocurrency trader, miner, technology enthusiast and a full time IT and security consultant. If you have any questions or comments please feel free to email him at [email protected]

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The Top 10 Most Popular Cryptocurrencies in 2023

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Cryptocurrencies have became a popular subject in the recent years. In this post, we will take a look at the top 10 most popular cryptocurrencies by market capitalization, as of February 2023.

Bitcoin

Bitcoin (BTC) – Bitcoin is the original cryptocurrency and still the largest by market cap. It was created in 2009 by an unknown individual or group going by the name of Satoshi Nakamoto. Bitcoin is decentralized and operates on a blockchain network.

Ethereum

Ethereum (ETH) – Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2015 and is currently the second-largest cryptocurrency by market cap.

Binance Coin

Binance Coin (BNB) – Binance Coin is the native token of the Binance exchange, one of the largest cryptocurrency exchanges in the world. It was created in 2017 and is used to pay for trading fees on the Binance platform.

Dogecoin

Dogecoin (DOGE) – Dogecoin was created as a joke in 2013, but it has since become one of the most popular cryptocurrencies in the world. It was initially created as a parody of Bitcoin but has gained a significant following in recent years.

Cardano

Cardano (ADA) – Cardano is a blockchain platform that aims to create a more secure and sustainable ecosystem for the development of decentralized applications. It was created by Charles Hoskinson in 2015.

XRP

XRP (XRP) – XRP is the native token of the Ripple network, a decentralized payment protocol that enables fast, low-cost international money transfers. It was created by Ripple Labs in 2012.

Tether

Tether (USDT) – Tether is a stablecoin that is pegged to the value of the US dollar. It is often used as a safe haven asset during times of market volatility.

Polkadot

Polkadot (DOT) – Polkadot is a multi-chain network that aims to connect different blockchain ecosystems together. It was created by Gavin Wood in 2016 and is currently the eighth-largest cryptocurrency by market cap.

Uniswap

Uniswap (UNI) – Uniswap is a decentralized exchange protocol built on the Ethereum blockchain. It allows users to trade cryptocurrencies in a trustless, decentralized manner.

Solana

Solana (SOL) – Solana is a high-performance blockchain platform that aims to provide fast, low-cost transactions for decentralized applications. It was created in 2017 and is currently the tenth-largest cryptocurrency by market cap.

Conclusion

These are just a few of the most popular cryptocurrencies that are currently available. Each one has its own unique features and uses, and the crypto market is constantly evolving, so it’s important to do your own research and stay informed. Keep in mind that past performance is not indicative of future results.

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The Key Features of Ravencoin Blockchain

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Ravencoin is a blockchain platform that was created in 2018 as a fork of the Bitcoin codebase. Its main focus is on the transfer of assets, such as tokens, from one person to another. Unlike other blockchain platforms, Ravencoin is designed specifically for the transfer of assets and does not have a built-in smart contract functionality.

The Ravencoin blockchain was launched on January 3rd, 2018, with the first block being mined by a group of developers known as the Ravencoin Development Team. The launch was met with a positive response from the cryptocurrency community and the project quickly gained a dedicated following.

Since its launch, Ravencoin has undergone several upgrades and improvements. In 2019, the Ravencoin team released Ravencoin 2.0, which included several new features such as token issuance, messaging, and voting. In 2020, Ravencoin 3.0 was released which includes the new X16R hashing algorithm and new token issuance structure, which allows for the creation of unique assets and tokens.

Asset Creation

Ravencoin allows for the creation of unique assets, or tokens, on its blockchain. These tokens can represent a wide range of assets, such as virtual or physical items, real estate, and even stock in a company. This feature makes Ravencoin a versatile platform for businesses and individuals looking to create and transfer digital assets.

Low Transaction Fees

Ravencoin’s transaction fees are significantly lower than other blockchain platforms such as Ethereum. This makes it an attractive option for businesses and individuals looking to transfer assets in a cost-effective manner.

Security

Ravencoin uses a proof-of-work consensus mechanism, similar to Bitcoin, to secure its network and confirm transactions. This ensures that the network is secure and transactions are confirmed in a timely manner. Ravencoin uses X16R hashing algorithm, which is designed to allow for more decentralized mining than Bitcoin’s SHA-256 algorithm.

Community-driven Development

Ravencoin has a strong open-source development community and a large and active community of users. This community plays a key role in the development and growth of the platform and helps to ensure its long-term success.

Easy to Use

Ravencoin has an easy-to-use interface and wallets, making it accessible for users who are new to blockchain technology.

Customizable

Ravencoin allows for customization of tokens and assets, meaning that users can define their own assets, set up rules and restrictions, and create unique token issuance structures.

Ravencoin Price Chart

Conclusion

Ravencoin’s main advantages are its asset creation, low transaction fees, security, community-driven development, easy-to-use interface, open-source code, and customization options. These features make Ravencoin a strong contender in the blockchain space for asset transfer and other use cases.

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The Most Hated Cryptocurrencies

MNabilAli

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Cryptocurrencies have become a popular form of investment and digital currency in recent years, but not all cryptocurrencies are created equal. Some cryptocurrencies have gained widespread acceptance and adoption, while others have faced significant backlash and criticism. In this article, we will take a look at some of the most hated cryptocurrencies and the reasons behind their negative reputation.

Bitcoin Cash (BCH)

One of the most widely criticized cryptocurrencies is Bitcoin Cash (BCH). Created in 2017 as a hard fork of Bitcoin, BCH faced significant backlash from the cryptocurrency community due to its association with the controversial Bitcoin mining company, Bitmain. Additionally, BCH faced criticism for its lack of innovation and its perceived similarity to Bitcoin.

Tether (USDT)

Another widely hated cryptocurrency is Tether (USDT). Tether is a stablecoin that is pegged to the US dollar, but it has faced significant controversy due to its lack of transparency and questions about its solvency. Additionally, Tether has been criticized for its association with the cryptocurrency exchange Bitfinex, which has faced accusations of market manipulation.

Ripple (XRP)

Another widely criticized cryptocurrency is Ripple (XRP). Ripple is a digital currency that is designed for use in the global financial system, but it has faced significant backlash from the cryptocurrency community due to its centralized nature and its association with large financial institutions. Additionally, Ripple has faced criticism for its lack of decentralization and its perceived similarity to traditional financial systems.

Onecoin

Another widely criticized cryptocurrency is Onecoin. Onecoin is a digital currency that has been accused of being a Ponzi scheme and a scam. The company behind Onecoin has been investigated by several countries’ law enforcement agencies and has been banned in several countries. Onecoin has been criticized for its lack of transparency and its association with fraudulent activities.

PlusToken

Another widely criticized cryptocurrency is PlusToken. PlusToken is a digital currency that has been accused of being a Ponzi scheme and a scam. The company behind PlusToken has been investigated by several countries’ law enforcement agencies and has been banned in several countries. PlusToken has been criticized for its lack of transparency and its association with fraudulent activities.

Bitconnect

Another widely criticized cryptocurrency is Bitconnect. Bitconnect has been accused of being a Ponzi scheme and a scam. The company behind Bitconnect has been investigated by several countries’ law enforcement agencies and has been banned in several countries. Bitconnect has been criticized for its lack of transparency and its association with fraudulent activities.

PonziCoin

Another widely criticized cryptocurrency is PonziCoin. PonziCoin has been accused of being a Ponzi scheme and a scam. The company behind PonziCoin has been investigated by several countries’ law enforcement agencies and has been banned in several countries. PonziCoin has been criticized for its lack of transparency and its association with fraudulent activities.


Finally, it’s important to mention that any cryptocurrency associated with illegal activities, fraud, or Ponzi schemes should be avoided by investors. These types of cryptocurrencies can cause significant financial loss, and investors should be careful when considering investing in them. It’s always a good idea to do your research and due diligence before investing in any cryptocurrency.

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