How To Earn Crypto For Free In 2024

There are many different ways one can earn free crypto. Whether this is through airdrops, faucets, play-to-earn games, or mining and staking, the possibilities are endless. This is a risk-free entryway into the cryptocurrency market.

This guide aims to teach you how to earn free crypto by providing tested methods and strategies.

1. Mining

Crypto mining involves using your computer’s processing power to verify transactions and add new blocks to a blockchain. Miners are rewarded with small amounts of cryptocurrency for their efforts. While mining can be more technical, it can also be a more lucrative way to earn free cryptocurrency. Some popular crypto mining pools include Antpool, F2Pool, and BTC.com.

2. Faucets

Those wondering how to earn free cryptocurrency without spending any money will likely find that faucets are suitable. This requires no upfront capital at all, which will appeal to those on a budget. Put simply, faucets are websites that enable users to earn crypto online by completing basic tasks.

The amount of crypto paid is very small, but it is free crypto nonetheless. For example, some crypto faucets pay rewards for completing surveys. Others include tasks such as playing mobile games, completing captcha requests, and watching videos. The amount of free crypto paid is aligned with the amount of effort required for each task.

3. Crypto Airdrop

Airdrops are a popular method of earning free crypto. These are marketing campaigns drawn up by new crypto platforms to gain visibility and increase their customer base. As part of their marketing strategy, these platforms give out free coins to new and existing users in exchange for creating awareness about their project.

To qualify for an airdrop, users must typically be active crypto traders or at least have a crypto wallet. Airdrops can be a win-win for both the trading platform and the user, as the platform gains visibility and the user earns free crypto.

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Why You Should Invest On Quant?

As you already know how quant works, it's safe to say that quant is a popular cryptocurrency focused on interoperability and security. It also has been one of the top-performing projects throughout the recent bear market, at one point climbing over 300% from its bear market lows.

I will provide some facts, on why Quant is worth to invest on.

1. The Quant token launched in September 2018 with a price of $0.2525.

2. It reached an all-time high (ATH) of $428.38 in September 2021.

3. Currently, QNT is priced at $127.7

4. It reached a bear market low of $44.36 following the bull run.

Quant aims to become the top crypto interoperability solution. While it faces stiff competition from Polkadot, Cosmos, and most recently, Chainlink’s CCIP, its focus on making life easy for developers certainly sets it apart. Furthermore, Quant has a lower market cap than the above-mentioned projects, currently at just $1.2 billion.

The project already accommodates countless financial institutions and enterprises. Still, a recent move saw Quant team up with the Bank for International Settlements and the Bank of England for its project Rosalind.

Quant’s collaboration with the banks was to explore how CBDCs could integrate into blockchain to “create innovative new products”.

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$QNT

Why You Should Invest On Quant?

Part 2

What Is Quant Cryptocurrency ?

QNT token is the native cryptocurrency of the Quant network. QNT is an ERC-20 token However, it is blockchain independent and can easily switch to any other blockchain. The Swiss Financial Market Supervisory Authority (FINMA) governs QNT as a utility token that aims to give users online access to an application or service.

Developers require QNT tokens to build on the Overledger platform. However, licenses to use Quant Network’s services are purchased by developers using fiat currency, which is then converted to QNT crypto by the Quant Treasury. This implies that businesses can make compliant purchases without dealing with exchanges directly.

Similarly, payments for read-and-write operations to Overledger must be made in QNT based on a fiat value that the Quant Treasury converts to QNT tokens. Additionally, if developers decide to monetize their applications, they can charge subscriptions in QNT, fiat or any other digital currency.

Moreover, in order to use multiple decentralized applications (mDApps) and access the Overledger ecosystem, end users will also need to hold QNT tokens. For instance, they will need QNT to renew their license key annually. 

How does Quant (QNT) Network work?

The Quant Network aims to solve blockchain interoperability issues using Overledger, an application programming interface (API) gateway that supports several distributed ledgers. An API is a means of communication between two or more computer programs. 

The Overledger operating system allows programmers to develop mDApps that support widely-used blockchains. The Quant Network is able to do this thanks to the Overledger protocol architecture’s four separate layers.

Transaction Layer

Transactions that have been verified using distributed ledger technology are stored at this layer. This implies that another ledger cannot confirm already validated transactions. By consolidating all related activities onto a single layer, Overledger simplifies the actions required to reach consensus.

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$QNT

Why You Should Invest On Quant?

Part 1

To answer that question, you should know about quant first. What is Quant ?

The open, dependable, and secure network that the traditional internet architecture aimed to create is still a dream. However, distributed ledger technologies (DLT) like blockchain and their vast applications in many industries such as finance, healthcare and others allow the internet to reach its potential as a decentralized network of networks.

DLTs offer a wide range of advantages, but their quick-paced environment needs more seamless intercommunication both externally with other networks and internally with other ledgers. Due to this restriction, distributed applications are forced to be single-ledger-dependent or non-interoperable to run only on a single ledger.

However, a project called the Quant Network aims to address blockchain’s interoperability issues by using the Overledger DLT operating system. But who is behind the Quant Network? Gilbert Verdian established the Quant Network in 2015 to improve the effectiveness of information communication worldwide.

Gilbert proposed this after learning that DLT could address the issues he was running into while serving in the governments of the UK and Australia. Quant is an open-source communication protocol that offers a network for businesses and developers to connect to and communicate with various DLTs simultaneously. Quant’s Overledger DLT Gateway, also referred to as the Enterprise 5, supports multiple blockchains, including Bitcoin, Hyperledger Fabric, Ethereum, R3 Corda and BNB Chain.

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BitTorrent (BTT) is a cryptocurrency token that operates on the Tron blockchain. It was introduced by BitTorrent Inc., the company behind the popular peer-to-peer file-sharing protocol. The BTT token was created to incentivize users to participate in the BitTorrent network and to enable various features within the ecosystem.

Here are some key points about the BitTorrent (BTT) cryptocurrency token:

1. **Purpose**: The primary purpose of the BTT token is to incentivize users to share their bandwidth and resources on the BitTorrent network. Users can earn BTT tokens by seeding (sharing) files and by participating in activities that contribute to the network's health and performance.

2. **Integration with BitTorrent Protocol**: BTT is integrated with the BitTorrent protocol, allowing users to offer incentives for faster downloads and better availability of files. By using BTT, content creators and distributors can potentially increase the speed and reliability of file sharing on the network.

3. **Token Utility**: BTT tokens can be used for various purposes within the BitTorrent ecosystem, including:
- Accelerated downloads: Users can offer BTT tokens as incentives for other users to seed files, resulting in faster download speeds.
- Content monetization: Content creators can use BTT tokens to monetize their content by offering premium downloads or access to exclusive content.
- In-app purchases: BTT tokens can be used for in-app purchases within BitTorrent-powered applications and services.

4. **Tron Blockchain**: BTT operates as a TRC-10 token on the Tron blockchain, which means it follows the TRC-10 token standard. This allows for fast and low-cost transactions on the Tron network.

5. **Community and Partnerships**: The BitTorrent community and ecosystem continue to grow, with partnerships and integrations with various projects and platforms. This can potentially increase the utility and adoption of the BTT token over time.

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