Cryptocurrency has taken the world by storm, and many people believe it’s the currency of the future. As cryptocurrency becomes mainstream and is becoming less confusing over time, there are more and more people who want to get involved. But there’s a common myth that you need a lot of money to dive into the world of crypto.
The reality is that there are numerous ways to invest in cryptocurrencies even when you don’t have any money to do so. In fact, there are several ways to get your hands on cryptocurrency without spending a dime. In this article, we will tackle this myth and let you know a few ways to get involved with cryptocurrency even when you have no money.
Use your gift cards
Gift cards are a great gift since they can be used by the recipient to get something they need or truly want. Buying one for somebody is a way to take all of the guesswork out of gift buying. In fact, it is very likely that you have gotten these as gifts in the past.
If you’ve ever received a gift card for a store you don’t frequent or have an unused one lying around, you can trade gift card for crypto. Several online platforms allow users to exchange their gift cards for a specific amount of cryptocurrency.
The process is straightforward. You provide the details of your gift card, and in return, you receive a certain amount of crypto based on the card’s value and current market rates. It’s a win-win situation as you get to convert an otherwise unused gift card into a valuable digital asset. Just make sure you’re using a trusted platform and be aware of any fees or charges that might apply.
Use affiliate programs
An affiliate program in the crypto world operates much like any other. You promote a product or service and earn a commission for every sale or sign-up made through your referral link.
Some platforms offer a one-time fixed amount for every referral, while others might give you a percentage of the transaction fees your referrals generate. If you have a big following from a blog or a YouTube channel, these earnings can accumulate quickly.
For instance, if you refer a friend who becomes an active trader on a platform, the commissions from their trades can provide you with a steady income stream.
Bounties and bug hunting
Crypto projects, especially new ones, are diligent in ensuring their platforms are secure and free from potential exploits. These projects invite tech enthusiasts and experts to test their systems, seeking out any weak points that could be exploited by malicious actors.
They pay bounties to people who are able to detect bugs or vulnerabilities in the system. In return for identifying these vulnerabilities, the bug hunters receive a reward, often in the form of cryptocurrency.
Not only can you earn a decent amount by identifying critical vulnerabilities, but you also get to contribute to the overall safety and robustness of the crypto ecosystem.