There’s no such thing as a completely safe investment. Cryptocurrencies in particular can be highly volatile. Compared with buying XRP, earning Ripple Coin (XRP) for free is certainly much safer which only costs your effort or time but not money, especially for XRP beginners. Here are some trusted and tired ways to earn free XRP.
What is Ripple (XRP)?
XRP is a cryptocurrency that runs on the XRP Ledger, a blockchain engineered by Jed McCaleb, Arthur Britto and David Schwartz. McCaleb and Britto would go on to found Ripple and use XRP to facilitate transactions on the network.
You can buy XRP as an investment, as a crypto to exchange for other cryptocurrencies or as a way to finance transactions on the Ripple network.
Notably, XRP’s blockchain operates a little differently than most other cryptos. Other cryptocurrencies open their transaction ledgers and verification processes to anyone who can solve complex equations quickly. But transactions are secure as the majority of ledger holders must agree with the verification for them to be added.
XRP’s Ripple network somewhat centralizes things and uses a consensus protocol: while anyone can download its validation software, it maintains unique node lists that users can select to verify their transactions based on which participants they think are least likely to defraud them.
As new transactions come in, the validators update their ledgers every three to five seconds and make sure they match the other ledgers. If there’s a mismatch, they stop to figure out what went wrong. This allows the network to securely and efficiently validate transactions, which gives it an edge over other cryptocurrencies like Bitcoin.
“Bitcoin transaction confirmations may take many minutes or hours and are typically associated with high transaction costs,” says Lee. “XRP transactions are confirmed around four to five seconds at a much lower cost.”
Why Earn Ripple Coin (XRP)
Ripple Coin (XRP) is an interesting cryptocurrency that’s been gaining momentum in the financial sector for its ability to facilitate cross-border payments and currency exchange. It’s faster than Bitcoin — taking a few seconds per transaction as opposed to an hour or more — and has the potential to provide a better method for completing international payments.
Ripple currently trades at around $0.74, which can’t really compare with the value of Bitcoin or Ethereum, for instance. Also, unlike some other cryptocurrencies, you can’t mine Ripple. However, it’s value has significantly grown in the past year.
Ways to Earn Free Ripple Coin (XRP)
There are numerous websites on the Internet where you can earn free XRP by performing several tasks like watching ads, playing games, etc. However, you will only receive a very small portion of XRP. Free XRP can be beneficial when the price of XRP continues to rise over time, and helps you to earn good profits out of it. Moreover, the amount of XRP you will receive is always random and is different all the time. Here are some of the legitimate ways to get free XRP.
One of the cheapest, easiest ways to actually earn XRP is through crypto Faucet. XRP Faucets offer rewards in the form of tiny amounts of XRP in exchange for completing captchas or interacting with numerous ads. The amount of XRP you will receive at the end of the day is actually small to make a difference. Free XRP faucets may be an opportunity for you to earn XRP with no out-of-pocket expenses. It is not a get-rich-quick plan. It is suitable for XRP beginners to earn some free XRP.
Whether it’s XRP currency, or other crypto currencies, all faucets have one thing in common: they pay you very little. People use these faucets because they believe that over time, these fractions of free XRPer coin will build into something solid.
To utilize an XRP faucet, you’ll need an XRP wallet, which you’ll link to the faucet by entering your XRP wallet address. Most faucets have a minimum amount required before you may withdraw, and some even have a maximum amount.
Get Started: Now you’re ready to take the next step and earn some XRP!
Earn free XRP with ClaimFreeXRP by doing multiple tasks.
XRP PTC Sites
Other well-known XRP micro earning sites like faucet include crypto ptc site, crypto offerwall earning sites, crypto shortlink earning sites, etc. Surveys, captchas, advertising, pop-ups, and other basic activities are among the chores that users must perform. The difficulty of the jobs will usually decide how much you earn, and each faucet pays differently.
The fundamental goal of a crypto airdrop is to raise awareness of a blockchain startup, initiative, or service. The team may bootstrap its project and ensure a fair distribution of tokens among its community from the start by issuing tokens to users.
Airdrops are free tokens offered at the start of a project for purposes of promotion. Most projects use it as an opportunity for publicity. These may require you to do some social tasks like sharing links with your social media. Currently, you can search for real crypto airdrops at CoinMarketCap, Airdrops.io, CoinLean, Icomarks, and other platforms.
In some cases, users receive XRP airdrop in exchange for completing certain tasks. These tasks frequently include:
- Following people on social media.
- Including hashtags in a share or retweet of one of their posts.
- Sending or receiving Dogecoin (using a particular crypto platform or wallet).
- Signing up for updates and creating an account
There are also times when consumers can receive a crypto airdrop without having to do anything.
Multiple online Blockchain-based games allow earning free XRP. There are certainly many poker or casino games that offer sign-up, welcome, loyalty, deposit, withdrawal, and other types of bonuses in the form of free XRP as long as you spend money on them. Getting a Sign-Up or Welcome bonus on these platforms may or may not require you to first deposit money.
Bounties are an excellent way for programmers or coders and non-coders to earn XRP by identifying and reporting flaws in platforms. Many crypto projects offer bounties as part of development, either in XRP or other tokens. Regarding that, check the Bounty0x bounty hunting platform which also helps users learn crypto. Bounties can earn you a hefty amount of XRPs.
Learning About XRP
You can also earn XRP by learning about XRP from websites like Coinbase. These sites offer various courses and videos about crypto. You just need to answer the quiz questions or need to clear some specific tasks. Based on that, you will be rewarded with a small portion of a specific crypto coin.
You can earn XRP for free when doing your regular shopping online. Using shopping reward companies you need to download an extension to your browser, use it as a checkout on various brands and earn up to 30% cashback on your purchases.This is a great way to earn XRP while shopping for stuff you were gonna buy anyway.
Owning a Faucet
While participating as a faucet user might not earn you a lot of money, owning your own faucet is a whole different story. Today, you can build a cryptocurrency faucet relatively easily and earn money or crypto coins including XRP from selling ads on your site. Running a faucet requires a reasonable amount of time and effort. You’ll need to set up your own website, manage users, prevent fraud and also bring some initial capital to fund the faucet when starting out.
Write about XRP
If you’re into cryptocurrencies and have a knack for words you might want to consider becoming a crypto journalist or article writer. As the crypto industry evolves, more and more news and information websites are popping up. In many cases these sites are in need of writers as they are publishing dozens of articles each week. Since good writers are hard to find, if you can submit quality work you may be able to earn a nice revenue stream by writing about XRP and cryptocurrencies from the comfort of your own home. The best ways to find work as a writer would be to look for the “jobs” section in your favorite crypto publications. You can also email specific sites you’d like to write for, or you can create a writer profile on Upwork – an international freelance marketplace. It’s best if you have some sample articles on hand before applying for a writing job as many publications would request previous work before hiring you.
XRP Affiliate Program
There are thousands of affiliate programs that can help you win free XRP. The best affiliate marketing work is if you have a busy website and can generate huge traffic. You can then share your affiliate link on the website. You can earn free XRP by introducing people to cryptocurrency websites if you’re excellent at persuasion. Links are used in referral schemes to recruit new members.
Earning free Ripple Coin (XRP) is a fantastic method to eat a piece of the pie of blockchain technology. You don’t have to be concerned about losing free coins. This provides you the opportunity to experiment with it and learn the ins and outs of the new possibilities. You will have an amazing opportunity to learn more about cryptocurrencies, blockchain networks, digital wallets, and much more while earning some XRP in your spare time.