Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,890,012 members, 6,949,599 topics. Date: Wednesday, 06 July 2022 at 10:40 AM

How To Earn Cryptocurrency In Nigeria For Free - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / How To Earn Cryptocurrency In Nigeria For Free (137 Views)

CBN: Why We Banned Cryptocurrency In Nigeria / Can We Stop The Ignorance? CBN Did Not Ban Cryptocurrency In Nigeria / 2018: Secrets On How To Make Money With Bitcoin: 10 Ways To Earn Cryptocurrency (2) (3) (4)

(1) (Reply)

How To Earn Cryptocurrency In Nigeria For Free by zimakod(m): 12:01am On Jan 28
There are various ways to earn Cryptocurrency Tokens for free and they include;

1. Crypto mining.
If you are new to Cryptocurrency trading or Investment, this might look strange to you.
Crypto mining is one of the ways you can earn cryptocurrency easily. Miners use their computers to solve complex mathematical equations that validate blocks of transactions. Cryptocurrencies are already created inside a protocol that gets on to the market when it is cracked with valid keys.

Miners are rewarded in Cryptocurrency tokens for every transaction they validate.

2. Airdrop
Airdrops are free tokens given to fans or people for the purpose of marketing. A Cryptocurrency platform uses airdrop as a way to promote their tokens.

This token can be gotten by doing simple task for this crypto project.

3. Referral bonuses
This is very common this days. Cryptocurrency exchange apps do this alot to get customers to share or promote their app. It serve as a bonus to reward people who refer other potential customer to them.


4. Defi yeild farming. Defi yield farming is overall the sweetest and easier way to earn free crypto tokens. You don't necessarily have to do anytime to earn free token.

This is quite similar to that of crypto mining, but decentralized finance projects also need somebody to work for them.

Yield framing is a method to lock funds and grant liquidity to a DeFi token. Mostly, the reward comes in Tokens and this Tokens are gotten from charges on transaction made on the blockchain where buying and selling goes on.


If you are new to cryptocurrency and don't know how to go about it, you can use a savings platform like MyPayCap.

MyPayCap is a Cryptocurrency payment service provider that enable you earn interest in Crypto by savings Naira.

For instance, you have N50,000, you can save this money just like you save with a mobile app on the MyPayCap platform.

Every month, You get 3% interest in your wallet but in Crypto. The Cryptocurrency you earn is Shiba Inu.


So a N50,000 savings can give about 45,000 to 100,000 Shiba Inu tokens monthly.


You can withdraw your savings of N50,000 anytime and transfer your free Token to any Crypto wallet.

To know more, you can check mypaycap.com

If you have more ways to earn free Crypto tokens, you can share in the comment section.

(1) (Reply)

What Happened To Trade Fairs In Nigeria / PLS how might the dangote refinery plant affect those oil importers. / Grow Your Youtube Channel Fast Now With Tube Buddy

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2022 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.