Investments in digital assets allow people to generate significant profits while, at the same time, bearing increased risks of losing capital. The market is evolving, and more people want to buy cryptocurrency and hold it long-term or trade crypto daily, using different trading strategies. To track cryptocurrency prices real time and trade coins, they use crypto exchanges - platforms that help people who want to buy and sell cryptocurrency meet and conduct transactions with their digital assets.
Exchanges may differ - from simple services to large and prominent platforms with various financial instruments. There are many ways to become the owner of digital assets, so let's discuss them today.
Ways to Become a Crypto Owner
You can purchase cryptocurrency on a crypto exchange or get it for free:
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Play-to-earn games. Blockchain takes computer games to a brand new level, allowing players to receive real crypto tokens for in-game achievement and use them to proceed in the game or withdraw and cash out. An example is the Axie Infinity game which provided people's living at its peak of popularity.
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Airdrops, giveaways. When new crypto projects emerge, they often conduct airdrops to expand their community of users and the adoption of their tokens. So, having completed some necessary actions, you may receive tokens for free.
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Learn and earn - a relatively new way to get crypto for learning and passing modules. Such a system inspired people to learn and do their best to pass courses. Platforms like Binance and KuCoin provide such an option.
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Crypto lending - means you should deposit crypto assets on a crypto platform that will use it for its needs and reward you with additional crypto coins in return. That sounds like a deposit in a bank. This option is available on the WhiteBIT cryptocurrency exchange.
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Surveys. Some crypto platforms ask for users' feedback and reward them with real crypto assets in return. There are thresholds for you to reach before you can withdraw your rewards.
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Staking. Crypto assets based on the Proof of Stake mechanism can be used on staking programs. So you lock coins on the network and get paid with additional coins when the program expires.
You can use the mentioned methods to get crypto for free or purchase cryptocurrency on any large and reliable cryptocurrency exchange using your bank card.
