You cannot rely on buying and selling Cryptos to make money from them all the time. Many cryptocurrencies are out of trend nowadays. As a result, a good number of investors are shifting away from investing or trading in cryptocurrencies.
However, you can earn from Cryptocurrencies by mining. While looking for such mining platforms, many of us end up on scam sites. Some of these sites offer your cryptocurrencies for free. Yes, I am talking about the Cryptofree. If you think you will get free Bitcoin, Ethereum, or any other cryptocurrencies, then let me warn you.
Here is a review of the Cryptofree platform.
What Is Cryptofree?
First of all, let me warn you about this site. Cryptofree claims to offer people free cryptocurrencies, Bitcoin, most importantly. However, the owner of this site is no philanthropist. They cannot possibly give away Bitcoin that is worth around $20000 (at the time of writing)
It is nothing but an attention-grabbing site that wants to make money by spamming.
The game always changes, but you should be ready to accept the change. The whole thing about free bitcoin or any other valuable cryptos is for gaining attention to earn more money. This site has no serious business model, and they are most probably earning money using a spamming scheme.
When you search for “cryptofree sign in,” you will get an interface asking you to sign in using your Facebook or Gmail ID. But you should not give into such platforms.
How Does Cryptofree Work?
Cryptofree is a scam platform, and they are trending mainly because of its amount of advertisements. They eliminate the possibility of earning 0.3 Bitcoin by cutting the roll amount from 0.00005000 to 0.00001000. It will take ten years to reach their promised landmark.
If you are thinking that you can make money from Cryptofree by earning free Bitcoins, then you are mistaken. The site usually runs on the Ponzi scheme, and almost every country in the world has banned them. Only people who have invested in those sites in the initial phase can earn some money.
Does Cryptofree Have Any Real Business?
Yes, they don’t have a serious business. Once you go to their About Us page, you will understand that it is a scam platform. Because instead of posting an about who they are, what their business purpose is about, and what they want to do, they have posted a video of Bitcoin that explains that cryptocurrency.
D. Cryptofree has no real business. In their ‘About Us’ instead of explaining who they are? What is their vision? They have placed a video explaining bitcoin, which is used by many scam sites on the internet. The same video is used on other different websites that do the same time of scams like Cryptofree
How Does Cryptofree Scheme Their Scam?
The Cryptofree platform only grabs the attention of people under false pretension. They usually promise to offer the audience what they want or a high amount of ROI in a short period of time. It is worse than losing your investment in a legitimate cryptocurrency.
Should You Use Cryptofree?
You should not use such platforms under any circumstances. They only claim to offer some unimaginable way of making money. But these platforms have no way of earning or offering their audience anything. They use a world-like algorithm, cloud mining, only to attract the people around them. Usually, many audiences fall under their pretension and pay dearly.
The platform also does not offer any information about who the founder or the owner of Cryptofree is. It is clear that they are secretive about their identities and that they are not transparent.
What Other Ways Of Earning Money Is There?
You don’t have to resort to these scam platforms to earn money. There are other legitimate ways of earning money from Cryptocurrencies. For instance, you can buy different cryptocurrencies from an exchange platform. You can also trade cryptocurrencies or mine them using different mining platforms like Cruxpool.
Most people are also making money by investing in these cryptocurrency platforms where you can be the miner of your own cryptocurrency. It is a good way to make money from Cryptocurrencies aside from buying crypto tokens on different platforms.
Legitimate Ways Of Earning Free Crypto
Earning free cryptocurrencies should not have to be illegitimate. In fact, there are legitimate ways of earning crypto. This section will enable you to identify these means and help you earn free cryptocurrency.
Sign Up With Exchange
Several crypto platforms offer specialized services to help their clients start off their crypto journey. For example, they would often add some crypto to their user’s wallet to initiate them off on a positive note. This is a lucrative way of earning free crypto.
Crypto Staking
Crypto staking is one of the most underrated means of earning free cryptocurrencies. Not only that, but it is also one of the best sources for earning a continued stream of cryptocurrencies. Staking requires precise knowledge, so you might want to start off slow and build your staking skills gradually.
Free NFTs
A non-fungible Token or NFT is a form of a digital asset or artwork. They are very different from cryptocurrencies. Yet, they can be used to trade cryptocurrency. Keep a lookout for NFT giveaways so that you can use them to exchange for cryptos. Discord is one of the best and most reliable places to find NFT giveaways. So keep your eyes peeled.
Learning & Earning
The internet is filled with websites that offer a chance to earn and learn about cryptocurrencies. I think these are perfect for people who want to know about cryptos while earning. However, these sites do not give away cryptos for free. In fact, you can only earn them if you complete certain milestones like examinations, quizzes, etc. So, be ready to train that brain of yours.
Crypto Saving
Crypto saving accounts are the future. It is like a double-edged sword. It allows individuals to save their assets in the form of crypto and then use them as per requirement. Like your traditional banks, these organizations offer interest on your savings. This interest usually comes in the form of crypto. Hence, it is one of the best and most perfect ways of earning cryptocurrencies.
Lending
Cryptocurrencies are not like fiat currencies or assets. They are different in their execution, but they share some similarities. One of the most significant similarities is that they can be lent. Lend your crypto assets to people and earn interest. You can use this interest to convert it into crypto. This is called Decentralised financing or DeFi. Then again, it comes with its own risks. So keep an open mind.
Brokerage
Another impactful way of earning free crypto is brokerage. If you are a veteran trader, you can use our crypto knowledge to make your clients money. Subsequently, ask your clients to repay you in the form of crypto. This would help you get free crypto in exchange for trading knowledge. eToro is a great site that allows its users the option to share their expertise in exchange for cryptocurrencies.
Airdrop
The final method that I would like to point out is Airdrops. Keep an eye out for the beta program for new applications and cryptocurrencies. These beta programs might do a giveaway where they give out variants of their product as a form of marketing.
Some Reviews From Users
Here are some reviews from people who have used this and had some really bad experiences. Lets see what they have to say about Cryptofree.
Review 1: “Never trust, these are thieves, fraudsters, scammers, shame on you who write positive statements, you are writing 1000% lies. I have used this site for free btc for 6 months, when my balance approached around $1500, they reset my balance twice. They suspected me even though I used only one account. They are broadcasting the following message on the screen. “You were suspected of cheating, reason: multiple accounts, screwing referrals””
Review 2: “I don’t believe that Crypto Free Casa is genuine. For some reasons known only to them, they are not on any of the Social Media Handles, no email address and if they ever write, there’s a security question because it is a “non-reply” Tag. No Contact Details to the Platform Operations. It’s fishy.”
Review 3: “I am absolutely disappointed with casa service. There was some fraud on my account. I have lost all my BTC from my casa account and they cannot do anything about it, to solve it out. Nowadays, even banks are able to request our money back in case some frauds.
It is frustrating as well as disappointing. Never casa app again ever!”
Review 4: “They do not pay,please do not waste your Time rolling,this over 60 days i launched a withdrawal and the transactions is still pending.it IS Fake ,they do not pay out,please do not mine,delete from your phone,they force you to withdrawal as trop 0.2 btc,which takes you more than 365 days to achieve while referring thousands if people,its a waste of time.”
Frequently Asked Questions (FAQs)!
You might still have some questions that need answering. Here, I have answered some of these most popularly asked questions on the internet. Reading them will also help you solve a few of your queries.
Ans: It is totally a fake platform. Followers of these websites have no possibility of earning the free Bitcoin or other cryptos that these platforms promise.
Ans: It is actually a scam platform, and they only want attention and want to mislead people.
Ans: Yes, you can invest in any cryptocurrency or make money by crypto trading or by mining cryptocurrency on different cryptocurrency mining platforms.
Bottom Line
This site is not trustworthy, and it will not be a good idea to use these spammy sites to make money. These sites only rely on advertisement, and they have no business plan to offer you the money they promise in the advertisement.
I think I have answered your question; if you have any further questions related to that, you can ask us in the comment section. We will be sure to get back to you as soon as possible.
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