The Most Effective Ways to Get More Crypto
Gone are the days when everyone used to ask “What is crypto?” Nowadays, most people are interested in knowing the best crypto to buy and how they can get their hands on more. While buying cryptocurrencies is now easier than it has ever been, the crypto industry still remains uncertain, unregulated, and most importantly, full of scams. This has made legitimate risk-free methods of acquiring more crypto minimal.
Back in the days, one could simply earn more crypto by mining through a personal computer. Today, cryptocurrency mining, especially Bitcoin, is a little more complicated. You will require high-end equipment such as ASICs in order to mine. And even then, you will still be competing with large-scale miners with warehouses full of sophisticated mining hardware.
Therefore, if you are looking for risk-free ways to get your hands on more crypto, you came to the right place. Stick around and we’ll let you know how to do it.
Exchange Crypto On The Best Platforms
Are you still thinking about how to get your hands on the next big cryptocurrency? Don’t worry. One of the most straightforward ways to get crypto is to outright buy it. This means you’ll need to sign up for one of the many crypto exchanges available online. While crypto exchanges are great and all, a majority of them have been hacked in the past and some even continue to operate with sub-level security features.
However, don’t let the fear of signing up for an unsafe crypto exchange limit your chances of stepping onto the crypto scene. Once you find an awesome crypto exchange for you, you’ll be surprised at how easy and secure the whole crypto trading process is. To help you out, we’ve reviewed some of the best crypto exchange platforms to help you get started on the right footing. They include:
Earn Cryptocurrency Dividends
If you are wondering how to get free crypto, then you should definitely go for a cryptocurrency that pays out dividends. Thanks to the open-source nature of crypto, a lot of new coins have brought new features to the industry. One such feature is the ability to receive dividend-like payouts. Depending on what kind of crypto you have, the requirements may differ from one crypto to another as every coin has its own set of terms and conditions.
There are two ways by which you can earn dividends in the cryptocurrency space. They include staking and holding. Staking involves “staking” or locking your coins in a supported wallet or a particular crypto exchange. In return, you earn a reward based on the total value of the crypto in your wallet, how long you’ve locked them in your wallet, and how many coins you hold. Holding, on the other hand, is buying and holding crypto in your wallet.
These are the two ways in which you can get free crypto without having to spend any money. With that said, here are some of the best cryptocurrencies to invest in 2021 to earn crypto dividends:
Diversify Investments To Save
One of the best ways you can get access to crypto is to get paid in crypto. Every single time you accept crypto as payment, you remove the middleman, who in this case is the bank. This means you also remove the extra time that banks keep deposits pending in order to clear them. With cryptocurrency, your transactions are immediate. Therefore, you can decide to diversify your investment
If you are a savvy investor, then you are well aware that storing all your eggs in one basket is very risky. Therefore, you need to diversify your investments and save them into different assets to mitigate the risks if one or more of your assets perform poorly. The best way you can do this is by diversifying a part of your portfolio into cryptocurrencies. If you are not familiar with crypto or are just beginning, then you are better off starting with one or two coins.
The fastest way you can add crypto to your portfolio is to get paid in crypto. The benefit of this is that you remove middlemen from every transaction, which means that your transactions are immediate. Additionally, there are a handful of apps that can enhance your crypto experience and add even more digital assets to your portfolio. From portfolio managers to lending platforms to crypto exchanges, the options are many. Simply find the best cryptocurrency app that best suits your needs and start trading crypto.
Participate In Referral Programs
Referral programs are yet another easy as pie method to get free crypto. All you need to do in this case is find a service that provides an opportunity to be a referral partner and ask for participation. After that, you can share your referral credentials with your friends, family and social media followers to engage with as many people as you can. Remember, the more people you reach out to, the more chances they’d use your referral are. Your gain is entirely dependant on your network size and engagement.
You’re now possibly wondering where to start with referrals. We have the answer to this as well. Swapzone has its own referral program that you can make use of. Only connect to us and we’ll set up your referral earnings journey.
How To Get More Crypto On Swapzone?
Getting more crypto is definitely something that most investors strive for. Just make sure that before you purchase any more crypto, you have a safe place to store them. Swapzone offers a convenient one-stop shop for all crypto exchange services for all manner of cryptos that you might need. To get more crypto, the process is fairly simple. Here is what you need to do:
- Head on to Swapzone, pick the cryptocurrency pair that you wish to swap (BTC to ETH for example) and key in the needed amount.
- The best options will then be presented to you. Pick the one with the best exchange rate and proceed further by clicking the “Exchange” button.
- Fill out details of your wallet. Once you’ve filled in the correct details, proceed to the exchange itself.
- You will be provided with an address to send the deposit to. Send the necessary amount of crypto to the address for the service provider to swap it for you.
- Wait for a little for the transaction to go through and receive your exchanged funds.
- Take your time to rate the exchange and leave a review so that we know how to improve our service.