Updated: Aug 30, 2020
The good ole trend of individuals mining the popular cryptocurrencies is slowly declining. The amount of time, effort, and energy required to mine cryptocurrencies such as bitcoin is extremely taxing and you’d now have to compete with mining farms and many corporations that have their own mining farms. What individuals can do, however, is earn cryptocurrencies via a few platforms that complement actions that you are already doing in your everyday life. However, there are many scams out in the cryptosphere looking to steal your hard-earned cryptocurrency, so we made a list of reputable, scam-free ways you can earn cryptocurrency online!
Lolli is a web application that gives you crypto-back rewards for making purchases at any of the merchants that are partnered with Lolli. If the online store you are shopping at is partnered with Lolli, you can activate the crypto-back rewards through their Google Chrome extension with the simple click of a button and receive a percentage of your purchase back in Bitcoin! Most of the crypto-back rewards are in e the 0.5%-10% range but some merchants give up to 36% Bitcoin back! Lolli is a great and easy way to earn cryptocurrency by just doing your everyday online shopping! The Bitcoin rewards are deposited into your Lolli wallet, which you can then withdraw from to the wallet of your choosing.
Notable Merchants: SeatGeek Priceline Expedia Groupon Sonos Macy’s Footlocker Adidas + Many More!
Brave browser is the newest web browser that is built on the same web engine as Google Chrome. The browser blocks advertisements and trackers. Instead, the Brave browser allows you to enlist in their Brave Rewards program that rewards you with their Basic Attention Token (BAT) for each advertisement that is viewed. (Displayed in a small pop-up box in the top-right corner). The BAT rewards are deposited straight into your Brave wallet periodically and can be used to donate to content creators or transferred to a wallet or cryptocurrency exchange to sell.
Liven is an iOS & Android application that allows you to pay your restaurant bill at Liven’s partner restaurants and receive Liven Coin (LVN) back in rewards (Up to 5-15% crypto-back rewards). Paying your bill through the Liven app is very easy and intuitive and you can use your LVN rewards that are stored in your Liven wallet for future restaurant bill purchases, donate to the charity of your choice, or transfer it to a wallet or cryptocurrency exchange.
Coinbase is one of the leading cryptocurrency exchanges in the world. On their website, you can earn some free cryptocurrency just by learning about some of the cryptocurrencies that are listed on their exchange. These include Orchid (OXT), Tezos (XTZ), Dai (DAI), EOS (EOS), Stellar Lumens (XLM), and Basic Attention Token (BAT). Each token comes with its own coursework that takes a couple of minutes to complete and you will be rewarded the token straight into your Coinbase wallet. Currently, you can earn up to $166 USD valuation in total by completing all the coursework available on their site.
BlockFi is a relatively new service in the cryptocurrency arena that allows you the opportunity to collectlok interest on your cryptocurrency holdings just be holding your tokens on their platform. Currently BlockFi promises it’s users up to 8% return annually, which could turn out to be massively beneficial as cryptocurrency prices grow.
Let us know what are some of your other favorite ways to earn some cyptocurrency in the comments below!