Building a cryptocurrency portfolio effortlessly and cost-free, with no trading involved

Getting started with cryptocurrency investment doesn’t always require a bank account or spending fiat currency to buy Bitcoin (BTC) and Ether (ETH). There are alternative ways to earn cryptocurrency and build a portfolio by completing various tasks on Web3 platforms.
By using decentralized applications and decentralized finance (DeFi) platforms, users can earn cryptocurrency and then trade, sell, or hold it in centralized or decentralized wallets without spending any money. Let’s explore a few methods to build a crypto portfolio without connecting a bank account.
Interact with Web3 Browsers
For those unfamiliar with cryptocurrency, the process of downloading wallets and conducting on-chain transactions can be daunting. However, there are alternative ways to experiment with different crypto platforms without the need for extensive technical knowledge. One option is to switch to a Web3 browser, which is a Web2 technology replacement.
Google dominates the web browser and search engine market, making profits by selling user data to advertisers. The Brave browser offers an alternative platform where users can earn Basic Attention Token (BAT) and retain ownership of their data while searching. Users earn from their activity on advertisers’ websites, and Brave does not sponsor search engine posts, providing a more decentralized search experience.
Currently, Brave shares 70% of its advertising revenue, and some users choose to sell their earned BAT on centralized exchanges or through Web3 wallets like MetaMask.
Social Media Content Creation and Free NFT Mints
Non-fungible tokens (NFTs) are gaining popularity, and potential crypto investors can use various free software to analyze the wallet addresses of successful NFT investors who have minted valuable NFTs. They can also look for opportunities to mint NFTs for free or join whitelists.
Colin Helm, CEO of the free-to-play metaverse platform Caesarverse, emphasizes the significance of free NFTs in the space, stating that some users who have utilized the free minting system have generated NFTs that eventually reached a value of 10 ETH.
Bug Bounties and Beta Tests
Many crypto and DeFi projects allocate tokens for marketing, bug finding, beta testing, and content creation tasks. Crypto investors can earn tokens by auditing, testing, and creating content such as brand designs, marketing materials, and music. Contributing skills to crypto projects is an excellent way to start without any upfront costs.
Jenny “DJen” Schorsch, founder of GlamJam, shares her experience of building a brand and entering the crypto industry without any initial expenses, highlighting that a bank account and fiat currency are not necessary for interacting with blockchains and cryptocurrency.
With a little effort, aspiring crypto investors can earn cryptocurrency and NFTs without spending any money upfront, apart from their time.
The opinions expressed in this article are solely those of the author and do not necessarily represent the views of Cointelegraph.
This article does not provide investment advice or recommendations. All investment and trading activities involve risks, and readers should conduct their own research before making any decisions.