One of the easiest ways to earn free cryptocurrency is by staking. When you stake a coin you earn rewards just for holding them. It’s a great way to earn passive income. Some common proof of stake coins are PIVX, XP and LUX coin. Other coins, like Bitcore get regular airdrops, similar to staking. Here’s how to get started staking:
You could also buy some on Cryptopia of course, but hey, why not get it for free? Once you reach your withdrawal threshold you need to download and register the wallet for airdrops. It’s that easy. Every Monday you get a 6% airdrop. Pretty simple.
Experience Points (XP)
Now, XP is a real proof of stake coin and requires a little more work to get staking, but we will show you the easy way. The official way is to download the wallet, get it synced (this can take multiple days) and then wait (often times for weeks or months) with little chance of getting a reward. Unlike BTX where you know what you are getting every week, XP is much more luck of the draw. We experimented staking 250k coins for a month and got no rewards. However, there is an easier way. Stake United is a staking pool where large pools get better rewards so smaller holders can be competitive. Stake United allows users to stake XP, PIVX, B3 and others.
We got three rewards in our first four days! XP coin can be purchased on CoinExchange.
Unfortunately we don’t have a way you can get PIVX for free. However, it’s a fairly inexpensive coin for all that it does. PIV stands for “Private and Instantly Verified” and it uses the Zerocoin protocol to be a proof of stake coin, even though it was forked from Bitcoin, which is proof of work (mined). To get started you need to download the PIVX wallet or you can also stake PIVX at Stake United. NEO is another coin available on Binance that gives a monthly dividend called GAS. Binance handles GAS distribution to all NEO holders.