Platforms Giving Out Free Crypto
Staking Cryptocurrency
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Coinbase is one of the Internet’s largest cryptocurrency trading platforms. From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and sell major cryptocurrency pairs.
You can even earn cryptocurrency rewards through Coinbase’s unique Coinbase Earn feature. More advanced traders will love the Coinbase Pro platform, which offers more order types and enhanced functionality.
Though Coinbase doesn’t offer the most affordable pricing or the lowest fees, its simple platform is easy enough for complete beginners to master in as little as a single trade.
Best For
- New cryptocurrency traders
- Cryptocurrency traders interested in major pairs
- Cryptocurrency traders interested in a simple platform
- Pros
- Simple platform is easy to operate
- Comprehensive mobile app mirrors desktop functionality
- Coinbase Earn feature rewards you with crypto for learning about available coins
- Cons
- Higher fees than competitors
- 2. GEMINI
ReviewGemini is a cryptocurrency exchange and custodian that offers investors access to over 100 coins and tokens. Founded in the US, Gemini is expanding globally, in particular into Europe and Asia. Offerings include both major cryptocurrency projects like Bitcoin and Ethereum, and smaller altcoins like Orchid and 0x.
Gemini is 1 of the only brokers with multiple platform options based on skill level. New investors will love the streamlined interface of Gemini’s mobile and web apps, while advanced investors might appreciate all the tools that come with ActiveTrader.
In addition to a host of platform choices, Gemini users also have access to insured hot wallets to store tokens without worrying about digital asset theft. Learn more about what Gemini can do for you in our review.
Best For
- New investors looking for a simple mobile and web app
- Day traders looking to use technical analysis tools
- Users looking for a 1-stop-shop to buy, sell and store all of their cryptos
Pros- Easy and quick signups — can get started in as little as a 5 minutes
- Multitude of platforms to accommodate traders of all skill levels
- Hot wallets include insurance to protect your from theft and hacking attempts
Cons- Charges both a commission and a convenience fee for users buying and selling through the desktop or mobile app
Staking cryptocurrency is one of the most innovative ways to earn free cryptocurrency in the form of interest. Simply put, staking is the way that many cryptocurrencies verify their transactions, allowing participants to earn rewards on their holdings.While staking crypto can get complicated on platforms like Aave, Compound and Uniswap, there are options to stake cryptocurrency on exchanges like Coinbase and Gemini. These platforms let you stake Ethereum on the ETH2 network; ETH2 is the proof-of-stake upgrade to Ethereum. This allows users to earn around 7% interest paid in Ethereum on users’ cryptocurrency positions.
If you want to stake your crypto on Coinbase, you’ll need to join the Ethereum staking waitlist. Once approved, you can start staking your Ether tokens to earn interest on your crypto. No looking to wait to stake? Gemini allows investors to begin staking their cryptocurrency for interest right away, so you can start growing your crypto positions today.
Gemini is a cryptocurrency exchange and custodian that offers investors access to over 100 coins and tokens. Founded in the US, Gemini is expanding globally, in particular into Europe and Asia. Offerings include both major cryptocurrency projects like Bitcoin and Ethereum, and smaller altcoins like Orchid and 0x.
Gemini is 1 of the only brokers with multiple platform options based on skill level. New investors will love the streamlined interface of Gemini’s mobile and web apps, while advanced investors might appreciate all the tools that come with ActiveTrader.
In addition to a host of platform choices, Gemini users also have access to insured hot wallets to store tokens without worrying about digital asset theft. Learn more about what Gemini can do for you in our review.
Best For
- New investors looking for a simple mobile and web app
- Day traders looking to use technical analysis tools
- Users looking for a 1-stop-shop to buy, sell and store all of their cryptos
- Easy and quick signups — can get started in as little as a 5 minutes
- Multitude of platforms to accommodate traders of all skill levels
- Hot wallets include insurance to protect your from theft and hacking attempts
- Charges both a commission and a convenience fee for users buying and selling through the desktop or mobile app
While staking crypto can get complicated on platforms like Aave, Compound and Uniswap, there are options to stake cryptocurrency on exchanges like Coinbase and Gemini. These platforms let you stake Ethereum on the ETH2 network; ETH2 is the proof-of-stake upgrade to Ethereum. This allows users to earn around 7% interest paid in Ethereum on users’ cryptocurrency positions.
If you want to stake your crypto on Coinbase, you’ll need to join the Ethereum staking waitlist. Once approved, you can start staking your Ether tokens to earn interest on your crypto. No looking to wait to stake? Gemini allows investors to begin staking their cryptocurrency for interest right away, so you can start growing your crypto positions today.
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