How to Get Free Ethereum

Once you realize that investing in Ethereum requires effort and careful consideration, you might wonder if it’s possible to get Ether (ETH) for free, without effort or investment. While money-growing trees don’t exist, finding ways to get free ETH might seem like a waste of time. However, it’s not entirely impossible, although there might be more productive ways to spend your time.

Ways to Get Free ETH

If you want to get free Ether because you don’t have enough money to invest in mining or buying, you can try visiting sites that theoretically give it away for free. These are called Ethereum faucets, which offer rewards in the form of tiny amounts of ETH in exchange for completing captchas or interacting with advertisements. The amount of ETH you receive at the end of the day is usually too small to be really interesting, even if you repeat the process multiple times by watching ads and performing the required tasks. Many of these sites also require you to accumulate a minimum amount of Ether before you can receive your payout. If you really want to get free Ether, you can also try mobile apps that do the same thing. They sometimes distribute Ether just for clicking a button, or send it to those who receive certain codes or send them to their friends.

Here are some examples of Ethereum faucet websites:

  • Ethereum-Faucet.org
  • Ethereumfaucet.info
  • Lolifuu ETH Faucet
  • Rocketfaucet.win
  • CC24

Is It Worth It?

The only real winners in the faucet game are those who run them, and even they don’t make much money. As for you, you won’t make much either. Even if you find a legitimate faucet with huge rewards, you might earn up to $1 an hour at most.

If you insist on finding ways to get Ether without any work or investment, you risk falling for scams. Scammers might try to convince you that they will give you free ETH in exchange for small amounts of other currencies. Don’t fall for it. Instead, report the scammers on social media and warn your friends. Even if you find legitimate Ether faucets, the time you spend figuring out how to get free Ether would be better spent studying more realistic methods to earn ETH regularly.

Better Alternatives

  • Mining Ethereum: Mining involves initial costs, but it’s still the most legitimate way to earn ETH. It’s not free, but it has much more potential for significant returns.
  • Cloud Mining Contracts: You can buy a cloud mining contract and rent equipment from one of the Ethereum mining platforms. You’ll receive your share of the rewards in your wallet, but you’ll know your breakeven point before signing the contract.
  • Buying Ether: The simplest way to get a significant amount of Ether is to buy it on an exchange. Some of the best exchanges to start your trading career are Coinbase, Kraken, and Bitstamp. You can buy ETH with dollars (USD) or euros (EUR). Additionally, you can check price trackers to find the best price for buying/selling ETH.
  • Working for Ether: You can use your skills to earn Ether. Whether you’re good at writing, design, or accounting, working for Ether isn’t uncommon. Check out websites like Cryptojoblist.com or Crypto.jobs to see if there are job opportunities for you.

Conclusion

It’s clear that almost any other job would pay you more than $0.5 to $1 per hour without exposing you to additional risks. While some apps and games might seem fun, from an investment perspective, there are much better alternatives.

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