Want to get free Ethereum? Do you want to get paid free Ethereum?
In this post we show you the 5 best ways to get free Ethereum. You will learn about apps that pay Ethereum for free and websites that pay you this Bitcoin alternative.
Ethereum is one of the most popular crytocurrencies after Bitcoin.
When you see ads that suggest that you can get money for free, it always raises alarm bells. It should do, because offers of this type are often scams. However, in the world of cryptocurrencies, there are ways that you can earn coins for free.
If you have wondered why sites that give away free cryptocurrencies exist at all, here is the answer; Sites and apps that offer you a way to get free Ethereum make their money from advertising, and sometimes by using your CPU to help with their mining activities. They are also introducing you to cryptocurrency, in the hope that you will buy related services from them later.
While sites that offer you free Ethereum are not all scams, they are not going to make you rich either.
It could also be a good introduction to cryptocurrency investments, which can be very lucrative. Here’s everything you need to know about Ethereum, and five ways you can get Ethereum free.
What is Ethereum?
Ethereum is what is known as an open-source, blockchain-based, distributed computing platform. It has smart contract features that enable the processing of contractual agreements online. These smart contracts can be used to process the transfer of assets, such as shares, property, and money. When a smart contract is run on a blockchain, it becomes a self-operating program. It will automatically execute once certain predefined conditions have been met.
Ethereum is a distributed public blockchain like Bitcoin. However, there are some important differences between the two. Bitcoin is designed solely to be a peer to peer means of exchanging digital cash.
Ethereum is a blockchain that can be used for many types of decentralized applications. The crypto currency that fuels Ethereum is the Ether.
It is a tradable currency that is also used to pay for services and transaction fees on the Ethereum network.
Best Ways To Earn free Ethereum 2018
What is an Ethereum Faucet?
An Ethereum faucet is an app or a website that allows you to earn Ethereum free. The rewards are paid in Gwei, which is the smallest unit of the Ethereum. There are 10,000,000 Gwei in one Ethereum.
Claiming free Ethereum from an Ethereum faucet is very easy. In most cases, you simply download the app, enter your Ethereum wallet address, and solve a captcha to claim your reward.
There will be a restriction on how often you can do this. This can vary from every ten minutes, to every hour.
To make a reasonable amount of Ethereum from faucets and similar apps, you will need to register with several apps. If you have the time available, the more of the free Ethereum sites you register with, the more money you will be able to make.
The only way to make money with crypto currency faucet is to be consistent and stick with it. A lot of people give up quickly when they see that the daily earnings are quite small. But, this is free money for minimal effort. If you stick with it, you will soon start to see your earnings beginning to accumulate.
How Much Money Can You Make with an Ethereum Faucet?
Each individual claim you make on cryptocurrency faucet will not seem like a lot. Ethereum-faucet.org, for example, is currently paying 0.00000256 ETH. That works out at approximately $0.0005. What you must bear in mind, though, is that earn that cash for free for just a few seconds of effort.
Ethereum-faucet.org also have a lottery. That will increase your earnings if you use the system consistently. The total amount of free Ethereum that you can earn will depend on the amount of time you spend on any of these the apps.
What Other Ways Can You Can Get Free Ethereum?
Cryptocurrency faucets are not the only way to get free Ethereum. You can get also get free coins on cashback sites, which work in much the same way as conventional cashback sites. The only difference is that they pay out in cryptocurrency.
There are click-to-earn sites, which pay you Ethereum for completing small tasks. There are also mining pool sites, which pool the resources of your computer or phone’s CPU with other people’s devices to mine cryptocurrencies. Listed below are five of the best ways to get free Ethereum.
5 Best Sites That Pay You Ethereum
Ethereum-faucet.org is a very easy way to get free Ethereum. You can claim your free Ethereum every 240 minutes. All you must do to claim is log in and solve a captcha.
Ethereum-faucet.org is currently paying 0.00000256 ETH for each claim. For each claim you make, you can also enter a lottery and win bonus Ethereum.
4) RETN Deals
RETN Deals is a website that offers cashback coupons for the purchases of goods. When you purchase goods using one of their coupons, you get free Ethereum. Or, you can opt to receive free RETN, Which this the site’s own crypto coin. The cashback on offers is quite generous.
The average rebate is around 2% to 10%. The coupons are for all kinds of different products and brands, including Walmart, Nike and Dominos. The site also offers a click to earn opportunity.
Want to earn cash? Here are the best cashback websites that will earn you money.
3) Earn Cryptocurrency
Earn Cryptocurrency is a click to earn site on which you can get free Ethereum and other crypto currencies. You earn Ethereum by completing small tasks.
Tasks include watching videos, completing surveys and performing data entry tasks. Payments vary depending on the tasks. You are not going to make lots of money on Earn Cryptocurrency, but you could earn a few dollars an hour if you have some spare time.
Unlike some online money earning opportunities, registering with Earn Cryptocurrency is free, and the tasks are very easy to complete.
If you like playing games, then Free Ethereum Spinner will be a fun way for you to get free Ethereum. This is an app that you download from the Google Play.
You earn free Ethereum by spinning a wheel of fortune wheel. The number of spins that you can have is determined by the “energy” that you have in reserve. Energy regenerates itself slowly, or you can watch videos to top up your energy faster. You need to accumulate 10,000 Gwei before you can withdraw your winnings. But, that doesn’t take as long to do as you have thought.
Minergate is a cryptocurrency mining pool app that gives you to opportunity to mine Ethereum without needing to buy any special hardware. When you use apps like Minergate, the software uses some of your CPU’s processing power to mine the cryptocurrency.
The amount you can earn will depend on the power of the CPU in your phone or computer. But, this is one way that you can get free Ethereum on autopilot.
If you rather earn free cash, here are the best websites that pay you