[GUIDE 2021] How I earn up to 100$ in free cryptos each month 🚀 — The Surfer Investor
By: Surfer Investor
Tags: Binance, Crypto, Airdrop, Free, Bitcoin

If you look hard enough, each month there are great opportunities to earn cryptos with a very limited amount of time and effort. Trust me, I have a full-time job and side hustle, so I would only shoot for a low time yet acceptable return. For example, it takes less than 5 minutes to read about specific crypto on Coinbase/earn and earn 3$. This means an hourly rate of 36$. Not bad right?

Small hint, don’t miss the last one. It’s my favorite!

Coinbase earn

Difficulty: Simple

Time: Approx 5–10 minutes per earn program

Risk: No risk

This is probably the most well-known trick. But if you are just starting to get into cryptos, then Coinbase Earn is a great way to start. At first, you just need to create a Coinbase account. After using the account for a couple of months, make few trades and invest in cryptos (how much is unclear). You will then be eligible for the Coinbase Earn program.

Earn free cryptos each month by answering small quizzes on Coinbase Earn

After you finish the quiz, then the cryptos will be wired to your Coinbase account portfolio directly. If you doubt this works, here a snapshot of the confirmation email that you will receive after each successful quiz.

Confirmation email received after participating in the Coinbase earn program.

It can help for you to be eligible quicker if you use a referral link.

Band Protocol referral link >> click here

Compound protocol Coinbase Referral link >> click here

Stellar Lumens protocol Coinbase earn >> click here

Coinmarketcap earn

Difficulty: Simple

Time: Approx 5–10 minutes per earn program

Risk: No risk

Since recently, Coinmarketcap is also starting to offer an earning program. At the moment, there is three live campaign. Sandbox and Orchid. The questions are a bit more difficult than on Coinbaise earn, but it’s still worth the time.

Fill in the learning quiz on Coinmarketcap Earn

Refer your friends to crypto

Difficulty: Medium

Time: Approx 5–10 minutes per earn program

Risk: To me this is effortless, I am passionate about cryptos and I believe cryptos & Bitcoins, in particular, are a sound store of value. My enthusiasm is probably contagious. However, be careful to not insist too much. If a friend is not into it, don’t push.

Within my network, many people ask me regularly about crypto. I also help multiple crypto communities by answering questions people about cryptos. When I help someone, I then ask the person to use my referral link. Some do, some others don’t and that’s okay.

As a crypto adopter, I also see it as my duty to spread the word. The more people recognize the advantage of holding cryptos instead of fiat money, the more people will use it. Network effect.

I manage to refer 1–2 friends each month to Coinbase of Binance.

This is not investment advice.

Be on multiple platforms to receive opportunities

Difficulty: Simple

Time: Approx 20 minutes per platform

Risk: No risk

Reward: By registering on multiple platforms, you also learn about other ways of doing things and even new business models.

At the moment, I am registered on multiple platforms such as Coinbase, BlockFi (Please read my review of BlockFi), Binance, Kraken, Swissborg. All those platforms have founders and investors. They need to deliver growth in terms of user base and assets under management. What it means is that those companies will want to use special offers to grow quicker. Sometimes those offers are as simple as wire 50$ and get 10$ back.

BlockFi to earn passive income on your cryptos >> Link

Binance to have lower fees on trading >> Link

Swissborg to earn a free lottery ticket with up to 100$ reward >> Link

Follow airdrops

Difficulty: Medium complexity.

Time: Middle amount of time. Need to follow news and react quickly.

Risk: Beware of scams. If it’s too good to be true it probably is. Ask yourself why is someone giving me free money? If you can’t understand why then you are probably the “sucker” of the scam.

A lot of Airdrops are done on a regular basis to increase adoption. In the last couple of weeks, there were a couple of airdrops. The most prominent one, the airdrop of FLN coin if you hold XRP in your wallet. But if you look further, there are lots of less-known airdrops happening. For example, Binance was airdropping SXP and BEL tokens to BNB holders as well as webinar attendees

Uniswap, a DeFi protocol also made a massive airdrop to its user's couple of months ago.

Rocketpool created an infrastructure to learn how to stake ETH before the ETH 2.0 release. People who helped to test the system will be rewarded in Rocketpool tokens.

My advice would be to use google alerts in order to be notified about a new airdrop.

>> “airdrop crypto”

>> “airdrop snapshot”

>> “earn free cryptos”

A word of caution: Only use trusted platforms and do your own research. Some airdrops can sometimes be scams.

Use a crypto browser to earn crypto passively

If you use the Brave browser which is based on the Google Chrome structure, you will be able to gather BAT tokens each time you see an advertising. As of now, when an advertiser buys airtime on TV, or on a website such as Facebook, then the advertiser is paying advertising budget to the publisher, the publisher shows the advertising to the user, but the user does not really profits from the dynamic. Sometimes the user will see an interesting ad but this is rare.

This is what Brave browser is trying to fix. Brave is kicking back some of the advertising proceeds to the user. The user is then “paid” to see advertising.

You get paid in BAT tokens. Based on my usage, it would make me approx 8–9$ per month. This is clearly not a lot but it does not cost you more than just switching your browser which is super easily done especially if you are a chrome user. How long does it take to switch to Brave browser would you ask? As a Chrome user, it took me only 10 minutes.

Also, keep in mind that Brave browser is blocking a lot of trackers that Chrome is not blocking. Brave is also quicker and uses less battery than Chrome. And there is a Tor browser functionality.

Brave browser pays you to watch ads. Source: Brave

My favorite: Use a crypto cashback credit card

Difficulty: Simple

Time: Low amount of time

Risk: Need to lock coins of the crypto credit card provider ton earn an interesting cashback

This is the method I like the most. Why? Because it’s 100% passive. It only requires time to set up the credit card and then you can live your life normally and use the crypto credit card for your daily payments. With a crypto card, you can earn up to 8% on your purchases in crypto.

Cool design — Binance Card. Source: Binance.com

There are multiple providers but my favorite is the Binance card. Here to open an account on Binance. If you don’t like it for any reason or if Binance is not available in your location, feel free to try Crypto.com.

A word of caution though: Crypto credit card providers advertise a massive cashback rate. 8% in the traditional economy is unheard of. However, those cashback rates are progressive according to how much crypto of the credit card provider you own.

Binance card levels. Example: Your average BNB held within the last 30 days is 50BNB, then you will get 3% cashback in BNB on your purchases.

Keep also in mind that the cashback is paid in the crypto of the provider which is subject to fluctuation. The crypto platform does not offer such a high cash back for charity reasons. The aim of the crypto platform is to have more people buy the coin of the provider.

Therefore, make sure to make the following calculation for yourself before you decide whether this is something for you or not. Example: If you spend 1000$ per month with your credit card but you block 8000 BNB to achieve 8% cashback then you will get 80$ cashback in BNB for an immobilized stake in BNB of 209k$. It means a rate of return of 0.45% (12*80USD/209700 ~0.45%) which is not great. However, if you spend 20.000$ with the credit card per month, then you will get ~9.15% return which is great :-). I highlighted both examples I took in the following table.

How to calculate the rate of return on your crypto credit card. Example based on the Binance credit card levels as of 20.12.2020

Last but not least, some credit cards will charge you a fee on each purchase. For now, the Binance card is free but I heard that they consider a 0.9% fee which would have to be deducted from the return.

When calculating for yourself, make sure to check the latest price of the BNB coin.

https://www.coingecko.com/en/coins/binance-coin

Closing words, as you can see, you can earn crypto with a very limited of time and effort. While it does not look like a lot at first, 100$ per month will compound over time. It’s also important to follow the right kind of influencers and newsletters to not miss new offers. For example, Virtualbacon and Bankless are my favorite.

If you decide to use some of those methods, always think about the “why”? No one in this world will give you money for free. If there is an airdrop or a referral program, then it’s because the company has an incentive to win you as a customer. If you cannot understand the rationale behind the free crypto then make sure to be extremely vigilant as it could be a good old scam.