I'm sure you have heard of more popular coins like Bitcoin, Ethereum, maybe even Dogecoin. Yet not so popular coins or tokens like MINDS (an Ethereum token) can also help you generate revenue. First, here are some free traditional ways of earning crypto on the web.
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Faucets
Cryptocurrency faucets are very popular for people who have no money and want to enter the cryptocurrency market. A cryptocurrency faucet is a website that gives you free cryptocurrency for viewing advertisements. It's a very slow process but the earnings are consistent so long as you are consistent and don't mind spending about a minute to collect a 'reward'.
There is only one site I truly trust when it comes to Bitcoin faucets and that is FreeBitco.in. FreeBitco.in offers a referral system, a dice game, a lottery system, and a chance to win $200 from your free claims! We also support their Dogecoin Faucet as well who has some similar features!
Click below to earn free cryptocurrency from our recommended Faucets:
Social Media
Did you know you can earn cryptocurrencies just by being an active member of some social media sites like Minds & Steemit? On Minds, you don't need to have a lot of influence, instead, you just need a lot of activity on your content such as upvotes, comments, and reshares to generate more Minds Tokens. On Steemit, you can earn Steem, Steem Power, and Steem Dollars (Steem and Steem Dollars are two distinct cryptocurrencies) from upvotes. The more influential a particular user is who upvoted you, the more likely you'll earn greater rewards from the Steem pool. Although the Minds token isn't as popular as Steem, you can use a Decentralized Exchange like ForkDelta to sell your cryptocurrency.
We think you should check them out especially if you're an active blogger or an active social media user. It's better to make these accounts with other friends so you can support each other. On Steemit, competition is very strong, and getting the attention of powerful influencers can be quite difficult at times.
Video / Video Archiving
Just like earning on social media sites you can also earn cryptocurrency by hosting videos, or posting videos on the blockchain, or even getting compensated for watching videos. Every video hosting site has their own way of doing things. LBRY is an archiving service where you download other people's videos and support the network by hosting those videos. You can also upload videos on Minds.
There are a lot more reliable and trustworthy options today than there were a few years ago. Plenty of new sites coming out with cryptocurrencies being a main feature in the site and some Dapps are really competitive and directly targeting popular sites like Facebook, Twitter, etc. You should definitely check them out and try em. No harm in doing so.
As always please be wary of fraudulent practices and do not share out addresses and private keys!
(This article has been revised on August 16th, 2020)
(This article has been revised on August 16th, 2020)