The 10 Best Crypto Learn and Earn Platforms in 2024
Are you looking for an easy way to earn cryptocurrency for free? In this guide, we'll explore the 10 best crypto Learn and Earn programs in 2024, offering diverse opportunities for users to accumulate digital assets effortlessly.
Quick Look: The Best Learn and Earn Platforms
- Coinbase
- Binance
- Robinhood
- Revolut
- Bitdegree
- Bake
- Phemex
- CoinMarketCap
- CoinGecko
- NFTb
Coinbase Learn and Earn
Coinbase, one of the world's largest cryptocurrency platforms, stands out as an excellent choice for getting started with Learn and Earn. After signing up, users can earn a small amount of crypto by completing educational modules on different cryptocurrencies.
Binance Learn and Earn
Binance, a leading exchange, offers Learn and Earn rewards in various cryptocurrencies. This program is exclusively available for new Binance users who create and verify their accounts within a specific timeframe. Additional tasks, such as social media sharing or cryptocurrency investments, may be required.
Robinhood Learn and Earn
Robinhood, known for its stock and cryptocurrency trading, features a Learn and Earn program specifically for cryptocurrencies. Completing short modules on supported cryptocurrencies, such as AVAX and USDC, allows users to receive Learn and Earn rewards.
Revolut Learn and Earn
Revolut introduced its Learn and Earn modules in 2022, enabling users to earn up to $15 in DOT for free. This program adds an educational component to Revolut's diverse financial services.
Bitdegree Learn and Earn
Bitdegree, an educational platform focusing on the Web3 ecosystem, not only provides knowledge but also offers discounts on select cryptocurrency products. Users can earn discounts, such as a 10% discount on a Ledger family pack, by completing modules.
Bake Learn and Earn
Bake, formerly Cake DeFi, is a DeFi platform offering Learn and Earn rewards for crypto investors. With modules for DFI, DFI-BTC, and DFI-ETH, users can earn rewards up to $1. Completion of KYC verification is necessary, and rewards are "frozen" for one month before withdrawal.
Phemex Learn and Earn
Phemex, another exchange, offers Learn and Earn rewards in U.S. dollars rather than cryptocurrencies. These credits can be used to invest in various cryptocurrencies, providing users with a unique earning experience.
CoinMarketCap Learn and Earn
CoinMarketCap, a popular crypto price tracking website, collaborates with cryptocurrency projects to offer Learn and Earn programs. Rewards, such as DFI, BNB, and TRX, are provided to users who engage in educational activities.
CoinGecko Learn and Earn
CoinGecko, a cryptocurrency price tracker, incentivizes users with Learn and Earn rewards. Users can earn cryptocurrencies like KNC by watching videos and completing short quizzes, enhancing their understanding of the crypto space.
NFTb Learn and Earn
NFTb positions itself as the #1 hub for Web3 games, offering a marketplace for NFTs and DeFi tokens. The Learn and Earn program allows users to earn cryptocurrencies associated with popular crypto games and Metaverse platforms, such as LBL, DNL, and HIMO.
What Are Crypto Learn and Earn Programs?
Learn and Earn programs provide users with an opportunity to earn cryptocurrency with minimal effort. By watching short educational videos and completing quick quizzes, users gain both knowledge and crypto rewards. These programs are often partnerships between exchanges and cryptocurrency projects, benefiting both parties by attracting new users and raising awareness.
How Is Learn and Earn Crypto Taxed?
Crypto earned from Learn and Earn programs, like other cryptocurrencies, is subject to tax. Income tax is based on the fair market value of rewards at the time of receipt. When disposing of rewards, users may incur capital gains or losses based on price fluctuations since the initial receipt.
Pros and Cons of Crypto Learn and Earn Programs
Pros
- Free Crypto: Users can earn cryptocurrency for free through Learn and Earn programs.
- Low Effort: Engaging in educational modules requires minimal time and effort.
- Intro to Crypto: Learn and Earn programs serve as an excellent introduction to the cryptocurrency ecosystem.
Cons
- Small Rewards: Typically, Learn and Earn programs offer relatively small rewards.
- Unknown Cryptocurrencies: Major cryptocurrencies like BTC and ETH are usually not offered; instead, the rewards are often in relatively obscure coins.
How to Avoid Learn and Earn Scams
To avoid crypto Learn and Earn scams, users can take several precautions:
- Use Reputable Platforms: Choose platforms with a reputation for trustworthiness and security.
- Be Wary of Unrealistic Rewards: Exercise caution if a program promises unrealistically high rewards.
- Read Third-Party Reviews: Check user reviews on platforms like Reddit and Trustpilot before participating.
Other Ways to Earn Free Crypto
Learn and Earn isn't the only way to earn free cryptocurrency. Additional tactics include:
- Referral Programs: Platforms offer rewards for referring friends.
- Staking Rewards: Earn rewards by staking cryptocurrency on Proof-of-Stake blockchains.
- Airdrops: Some projects airdrop free cryptocurrency to early users.
For more information, explore our guide on earning cryptocurrency for free.