Getting free crypto is one of the many things crypto enthusiasts find exciting. The reason for this isn’t just because it’s free, but because they understand the vast possibilities of any coin’s increase in value. As many crypto companies are giving out free coins to onboard new users, you stand a chance to receive free crypto-like USDT – a stablecoin otherwise known as Tether.
Stablecoins, as the name suggests, is a type of crypto which gives stability to other cryptocurrencies. It’s done by tying the value of such crypto to other stable assets like fiat currency (US Dollars) or commodity (Gold). So, whether it’s for a low-cost entry into the cryptocurrency market, or to enhance your portfolio, receiving free crypto can’t go out of fashion. Hence, this article explores ways to easily get free USDT TRC20.
Table of Contents
- What is USDT TRC20?
- How to Get Free USDT Coins
- Earning Stablecoin Interest Equals Free Crypto?
- How to Earn on Your USDT TRC20 at CoinRabbit?
- Final Thoughts
What is USDT TRC20?
USDT TRC20 is a stablecoin whose value is pegged to the US dollars. It is issued by Tether, held and transferred through smart contracts on the Tron network – a blockchain decentralized digital platform.
When making a USDT transfer, USDT TRC20 is identified with two other chain types: USDT ERC20 and USDT Omni. Below is a table that highlights the differences between the three:
|USDT TRC20||USDT ERC20||USDT Omni|
|Network||Tron (TRX) Network||Ethereum (ETH) Network||Bitcoin (BTC) Network|
|Level of Security||Moderate||High||Highest|
|Address Format||Begins with capital T, for example, T9zP24…..||Begins with 0 and Letter X. For example: 0xbf6e…..||Begins with 3 or 1. For example 361hmGJRu|
|Transfer Speed||Very fast between||Moderate||Very slow|
|Fees||2 USDT||30 USDT||35 USDT|
|Usage Advice||Small amount = High Frequency||Medium Amount trading options||Large amount = Low Frequency|
As follows from this table, USDT TRC20 has some significant pros that outweigh those of USDT ERC20 and USDT Omni.
How to Get Free USDT Coins?
With the growth, the crypto market has seen recently, ways to get free crypto increase by the day. The following are some ways on how to get free USDT coins:
- Sign-up bonus
- Tasks completion
- Friend referral
1. Sign-up Bonuses
If you’re new to crypto, signing up with a crypto platform is one of the easiest ways to get free crypto. Once you get an account, some platforms offer you a bonus in USDT. BlockFi, for instance, gives investors a $10 sign-up bonus.
2. Complete Some Tasks
As a requirement to earn free USDT, you’d need to do some tasks which include but are not limited to filling surveys, installation of apps and games, or subscription to other services, and so on.
3. Friend Referral
You also stand a chance to earn free USDT when you refer friends on these platforms, they complete registration and carry out transactions.
Earning Stablecoin Interest Equals Free Crypto?
One of the many values cryptocurrencies offer is a breakaway from overwhelming traditional finance methods. While traditional trading methods give you little interest in assets, cryptocurrency offers more from your stored assets. How’s this possible when you have USDT?
Once you create a USDT interest account, you have the option of earning an annual interest of 6-12% APY when the stablecoins are mature, or you get a guaranteed weekly return. However, it’s important you choose the best platform that offers the highest APY on USDT. Below are some platforms and the APY they offer.
CoinRabbit also offers this option with a competitive APY of 8% on your stablecoins. Once you open crypto savings account on CoinRabbit, and top up the account with Tether, you’ll start getting interest on your USDT. And that is an option on how to earn cryptocurrency for free.
How to Earn on Your USDT TRC20 at CoinRabbit?
CoinRabbit is one of the very few platforms which allows users to earn on their crypto through USDT lending. With USDT lending, you maximize every opportunity of having USDT in your wallet. That is, you earn more by lending your assets.
If you have USDT TRC20 in your wallet and you’re wondering how to earn on it at CoinRabbit, the following is a step by step guide to help you through the process:
- Go to CoinRabbit Earn
- Click USDT Tron as preferred deposit and input the amount you wish to deposit, and click “Start Earning“.
- The next prompt you’ll see is a comprehensive breakdown of the monthly payout, yearly payout and APY. After that, you’ll enter and verify your number.
For more detailed information, watch our video guide:
The significance of having USDT in your wallet goes beyond tackling the volatility of other crypto assets. Having USDT TRC20 allows you to earn a passive income without work through interest, and these interests in themselves are alternative ways of earning free crypto. So make the best investment choice today.