How To Build A Cryptocurrency Portfolio Without Needing A Traditional Bank Account, Crypto Exchange Or Spending Fiat Currency!

Many new Decentralised Finance (DeFi) platforms now enable users to earn cryptocurrency and store, trade, or sell it using centralised or decentralised wallets. This eliminates any need for traditional financial expenditure to get hold of your new cryptocurrency. Leveraging decentralised applications in this way is one great way to take advantage of this kind of investment opportunity.

For those interested in creating a cryptocurrency portfolio, interacting with Web3 browsers may be a more feasible option than downloading individual wallets and attempting direct on-chain transactions. The ‘Brave Browser’ is a great example of this. Brave allows users to make use of the ‘Basic Attention Token’ (BAT) while staying in control of their data when searching on the internet. Furthermore, users earn rewards from activity performed on advertisers’ websites, instead of search engine sponsored posts like traditional search engines, ultimately providing a more decentralized search experience.

As we continue to see an increase in the demand for Non-Fungible Tokens (NFT’s) currently, this has caused users to explore different free software’s associated with them which allows users to analyse the wallet addresses of successful NFT investors and find free NFT minting and whitelist opportunities.

Unlocking this kind of minting in certain instances has already brought some NFT’s up to the 10ETH mark, offering broader opportunities for free token minting and whitelisting prospects. These trends of NFTs thriving appear likely to continue into the future.

Cryptocurrency can also be earned by taking part in various online initiatives, such as ‘Bug Bounties’ (a reward offered to a person who identifies an error or vulnerability in a computer program or system), ‘Beta Tests’ and “Content Creation’ tasks. Many crypto and DeFi projects reserve tokens for these kinds of activities, so users have the chance to gain exposure to different projects while gaining income.

Social Media airdrops offer another way of earning cryptocurrency and usually require users to ‘follow’, ‘like’ and ‘share’ specific accounts or social media content, usually done through decentralized wallets like MetaMask. For those who don't have technical knowledge, this could be an easier way of obtaining cryptocurrency without the need to spend fiat currency.

In most instances, Crypto Investors can get started without any capital outlay. By participating in community activities and contributing value, people can gain a return. NFTs are an optimal tool for this purpose, as digital ticketing allows users to generate crypto assets from their involvement in events and Web3 companies provide the opportunity to sponsor projects and receive cryptocurrency rewards for their efforts.

For individuals looking to expand their digital asset footprint, as well as for those unfamiliar with cryptocurrency and NFT’s, there is now no need for a traditional bank account or the spending of fiat currency in order to access the blockchain and begin building your crypto portfolio!

With minimal effort, it is possible to earn both cryptocurrency assets and NFT’s without any prior investments.

If you would like more information on understanding cryptocurrency and how to get started, feel free to drop a direct message to book a free, no obligation chat.