Author: misamaliraza94
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How to earn while you learn
“Earn crypto while learning about crypto” is the simple slogan of the educational portal from cryptocurrency exchange Coinbase. In return for watching videos and taking quizzes on cryptocurrency projects whose tokens are listed on Coinbase, you can earn a small portion of that token. For example, you can earn $6 of MKR tokens for learning about how…
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Learning and earning
In our last guide, we looked at faucets as a means of claiming free cryptocurrency in return for watching adverts and completing surveys. As we noted, faucets are fine for getting a feel for how crypto works, but are limited in terms of the amount you can claim. If you’re serious about acquiring cryptocurrency without…
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What you`ll learn
What you’ll learn Why crypto projects pay you to learn about their service The best opportunities from a effort/reward perspective What the process involves Earning from Browsing the Internet
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Free crypto comes at a price
Even if the sums that can be earned from bitcoin faucets today are miniscule, you might reason that they’re worth using anyway. After all, just like with Andresen’s faucet in 2010, holding onto the Satoshis you receive could prove a highly profitable play a few years from now. That’s why ‘stacking sats’ is a very…
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How faucets work
Any website owner can now create a bitcoin faucet by funding a cryptocurrency wallet with BTC and connecting it to a simple script that runs on their website. Faucets are quite easy to set up; there are even WordPress plugins that automate the process. The wallet is programmed to pay out Satoshis at predetermined intervals,…
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Birth of the bitcoin faucet
In 2010 a Bitcoin developer called Gavin Andresen had the idea of creating something called a bitcoin faucet, to do just that. This was essentially a mechanism for drip-feeding small amounts of BTC to anyone willing to claim it. The faucet took the form of a simple webpage with a captcha to prevent spam or…
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Faucets and the free crypto myth
If you commute into a city or a big town you’re probably used to being offered tasters of new products such as soft-drinks, shampoo or energy bars. It is a low-cost and effective alternative to online or TV marketing for a completely new product – putting it directly in the hands of a large number…
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What you`ll learn
What you`ll learn : What a bitcoin faucet is The history of bitcoin faucets How bitcoin faucets work Risk vs reward of bitcoin faucets
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DYOR
There are many memes that you’ll pick up as you learn about crypto. DYOR – do you own research – is one of the most important. You are doing it now, by reading this article. DYOR is fundamental to crypto because in its naked form, the responsibility is all on you – that is a…
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Setting off with your eyes open
As you’ll remember, cryptocurrency is a new type of internet money, creating trust and security without a central authority. One of the biggest earning opportunities, but with the greatest risk and complexity, is playing a direct part in running the system.. With Bitcoin, for example, there is no head office, it functions through a dispersed…