Ethereum is the second largest cryptocurrency in the world and also one of the most accepted ones. The crypto is on a price hike, especially following the ETH ETF approval by the SEC. Do you have an investment in Ethereum? Actually, it seems to be the best time to invest in this crypto.
Is Ethereum Free?
Is Ethereum free? Absolutely not. At the time of writing this article, the ETH price is around 3.7k US dollars. If Ethereum is not free, then why is everyone searching for that? At least some out there think Ethereum is free or there is an offer where Ethereum is given for free. Otherwise, there won’t be all these ‘free Ethereum’ queries.
We already told you how much ETH costs. However, there is a way by which you can get Ethereum for free. Actually, there is more than one way.
How To Earn Free Ethereum?
Now you know that there are ways to earn Ethereum for free, here we are going to deeply examine how you can get free Ethereum. We have conducted a deep market study and found out the best methods for how you can earn Ethereum for free. Here look at the best tips and strategies for you to get free Ethereum.
💡Ethereum Faucets
Ethereum faucets are one of the best options to earn free Ethereum for beginners. Are you familiar with the concept of crypto faucets? It is a platform where you can get free crypto for completing certain tasks.
The Ethereum faucets that you visit may ask you to watch an ad, take part in a survey, or publish a certain number of posts on your social media platform. It may even ask you to complete a captcha. Finishing a certain number of tasks per day can lead to you winning free Ethereum from the platform.
💡Stake Ethereum, Earn Ethereum
If you already have Ethereum investments, then you can warm more Ethereum for free by staging the crypto. Many investors out there look at Ethereum as a passive way of making money. It is suitable for those who have at least some kind of experience in cryptocurrency. You just have to find a reputable staking platform and there you can deposit your ETH.
Also, you should lock up your crypto. You will be rewarded with additional ETH in the form of a reward. For staking Ethereum, you do not have to engage in any game nor are there mandatory tasks and challenges that you have to get through. It is as simple as staking the crypto, to earn it.
💡Lending Ethereum
You can always make a little extra money by lending Ethereum. The difference is that it extra money that you make by lending Ethereum will be in the form of ETH itself. There are multiple crypot lending platforms that let you lend to Ethereum and other cryptos.
By lending Ethereum you open up an opportunity before yourself to earn the interest for the amount of Ethereum that you have lent. You can lend your Ethereum using the smart contract.
💡Play games And Earn Free Ethereum
Crypto gaming is indeed the latest method by which you can earn crypto. There are many games getting introduced in the blockchain platforms. Some of the new brand launches and others are the already existing and reputed ones that have adopted blockchain technology into the interface.
These games, the ones on the blockchain of Ethereum, let you win the crypto. You may have to reach a certain level or achieve some particular title that will qualify you for the ETH winning. For the several accomplishments that you make in the game, you will be rewarded with crypto as well.
💡Liquidity Pools
You can be a member of a DeFi mining pool to get Ethereum. There are liquidity pools where you can provide Ethereum. You may get higher returns in the form of rewards. However, this method involves risk as there is no way to predict what exactly is going to happen after you provide ETH into the liquidity pool.
The Bottom Line
Now you know that Ethereum is not free, however, there are methods by which you can get it for free. These are only a few ways by which you can earn the crypto. There are many more ways to earn free Ethereum we focused on including the most popular ones.
If you have any doubts or concerns regarding the tips that we have added above, please do not hesitate to reach out to us using the below comment box.
