The most obvious way to get cryptocurrency is to purchase it, either on an exchange or from an individual. If you prefer not to spend money to buy your crypto, you can choose to earn it instead. Some methods of earning crypto require you having at least some to start, while others do not require anything other than a cryptocurrency wallet.
Work for It
Several years ago, you would have been hard-pressed to find a traditional job that pays in cryptocurrency, but that is no longer the case. Today, the popularity of cryptocurrency has led to more jobs with the available payment in crypto. You no longer need to have a purely technical job to make money in crypto. That being said, it will likely be easier to find a job that will pay you in your crypto of choice if you are a developer, engineer, or do something else with tech. Even so, those who are translators, writers, or other professions also have options. If you choose to be paid in crypto instead of fiat, just remember that cryptocurrencies tend to be very volatile.
In addition to a growing number of full-time jobs that offer cryptocurrency as payment, there are also more ways to earn crypto via microtasks or bounties. Some people are actually able to make a full-time income from hunting for and fulfilling these bounties. It is more likely, however, that you would use this to supplement your income with some crypto.
Use Faucets
Another simple method for earning Bitcoin and other cryptos is via a faucet. Bitcoin faucets are apps or websites that dispense satoshis in return for completing a small task or captcha. You essentially do a menial task in exchange for a very small amount of cryptocurrency.
Sell Goods or Services
If you have your own business, whether you’re selling goods or services, consider accepting cryptocurrency as payment. This is the same as working for crypto, but you get to control it fully. Even if you do not have a business you could start accepting crypto with, there are other options, such as charging crypto for secondhand goods. Shopify and other e-commerce sites now let you accept crypto as payment.
Trade for Profit
If you already have some cryptocurrency and some time on your hands, then you can get into cryptocurrency trading to earn more crypto. This is a legitimate method, but it does require a reasonable amount of analysis and knowledge. Trading cryptocurrencies for profit is just like trading any forex pair. Try to buy crypto when it is low and sell when it is high.
Lend Crypto
Another option for those who already have some cryptocurrency and want to grow it is lending. This does not require any effort on your part and is a good alternative to simply HODLing it in a wallet. There are various crypto lending platforms that can let you earn interest of 12 to 18 percent on average. Just keep in mind that you should not use this method blindly. Crypto lending is unregulated, so take extreme care when choosing a borrower.