Saturday 5 June 2021

2 The Ultimate BeerMoneyUK guide to free crypto!

 If you've been doing beermoney stuff for more than a few minutes then you've probably already seen a few offers for cryptocurrency. I personally was a little hesitant to get into the crypto game, thinking it was a bit too late, but there's plenty of offers to get free crypto with no risk to yourself.

Coinbase

Coinbase currently have an offer where they give you free crypto (worth 25 dollars) for learning about the various crypto tokens. Simply sign up - verify your details and click Earn Rewards at the left hand side. Here are the answers for each question:

Polygon

Answers:

  • Ethereum

  • Polygon Validators

  • An internet of blockchains on Ethereum

The Graph

Answers:

  • Blockchain data

  • GRT token

  • Curators

Stellar Lumens

Answers:

  • A decentralized protocol that unites the world financial infrastructure.

  • Facilitating low cost, universal payments.

  • Transactions are fast, inexpensive, and global.

  • To issue, exchange, and transfer tokens quickly and efficiently

  • It relies on the cooperation of trusted nodes to confirm transactions

Compound

Answers:

  • Earn interest on crypto

  • Supply crypto asset as collateral

  • COMP token holders

Coinbase also have an offer where they will give you $10 of bitcoin for setting up a reccuring purchase of cryptocurrency (ie, you buy regularly every week or month)


 

Coin Market Cap

Coin Market Cap isn't actually an exchange where you buy and sell crypto, it's really a place to track lots of coins. They have a similar offer to coinbase above, where they give you $5 of PlasmaFinance (PPAY) for learning about it. However you'll need to sign up to the Binance exchange to claim this offer, follow the below steps:

Here are the Answers:

  • All of the above

  • Liquidity Mining

  • You have to be careful about fake data, manipulated statistics and bot numbers when using PlasmaFinance, just as you would on centralized data sources.

  • 1

  • All of the above

  • PPAY

When it's done it will ask you which wallet you want to send it to do not send it to an exchange send it to your trust wallet that you just downloaded


 

Mode

Mode is a crypto bank who let you earn 5% interest on any bitcoin you have stored with them, to encourage you to sign up they will give you £20 in bitcoin when you purchase £100 and you can withdraw it after 24 hours.

Simply sign up, verify your identity, deposit £100 and in a day you will receive your £20 bonus - then you can withdraw it to your bank.


 

Ziglu

Ziglu is another crypto exchange where you can purchase various cryptocurrencies. Right now they have an offer where you can receive £5 of crypto for depositing £1.

Simply sign up, verify your identity, deposit £1 to your account (you need to use bank transfers), buy £1 of any cryptocurrency on their app, the £5 will now we deposited to your account and you can withdraw it straight to your bank. This one is quick and easy. Note: you won't receive the bonus if you don't use someone's referral link


 

BUX Crpto

BUX Crpto is yet another exchange to buy and sell crypto. Their current offer is €10 free when you trade €200 worth of crypto (you can buy €50 in bitcoin and sell it, then buy it and sell it again; it's the total that matters)

Simply sign up, verify your identity, purchase a relevant amount of bitcoin and trade it back and forth until you've traded €200 worth of crypto. Then you'll get your €10 - now you can withdraw it back to your bank account.


 

Cake DeFI

Cake DeFI allows you to hold crypto on their platform and let it earn interest (really good interest rates I might add) they currently have an offer where you receive $30 worth of crypto for spending $50 on their platform (you only receive $20 if you don't use my link) To do this simply follow the steps below:

  • Sign up to Cake DeFi

  • Verify your identity (this is longer than usual for UK residents, but stick with it)

  • Deposit $50 of cryptocurrency; I recommend DASH or BCH or LTC because of the low fees

  • Once your deposit is received you will get your $30 bonus. This will be staked for 180 days (earning interest)

  • Withdraw the money you originally deposited while you wait (top right, withdraw)

  • Click Freezer, scroll to the bottom and turn auto-renew to off (this stops your bonus from being invested for another 180 days)


 

And that sums it up - if you follow all of these offers you should get around $90 (about £65)

If you know of any more offers then let me know and I'll add them to the list.